Heisler, Kleisner and Novak to Conclude Service to FirstEnergy Board of Directors
FirstEnergy Corp. (NYSE: FE) announced that Robert B. (Yank) Heisler, Jr., Ted J. Kleisner and Ernest J. Novak, Jr., will conclude their service to the FirstEnergy Board of Directors at the company's annual meeting on May 16. These changes will bring the size of FirstEnergy's Board to 13 members.
"Collectively, Yank, Ted and Ernie have provided 46 years of service to FirstEnergy and our predecessor companies," said Chairman of the Board George M. Smart. "Their counsel and business expertise helped FirstEnergy navigate through a changing and challenging period in the utility industry. We appreciate their service and wish them well in the future."
Heisler, 68, is concluding his service due to health reasons. He has been a director of FirstEnergy Corp. since 2006 and from 1998 to 2004, and is a member of the audit and compensation committees. In 2011 he retired as Dean of the College of Business Administration and Graduate School of Management of Kent State University. Earlier in his career he served as chief executive officer of the McDonald Financial Group, and he was a long-time executive vice president of KeyCorp. Heisler is the retired chairman of the board of KeyBank N.A. He graduated from Harvard University and received an M.B.A. from Kent State University.
Kleisner, 72, is retiring from the board. He has been a director of FirstEnergy since the merger with Allegheny Energy in 2011, and was a director of Allegheny Energy from 2001 to 2011. He serves on the compensation and nuclear committees. Kleisner is a retired chairman and chief executive officer of Hershey Entertainment & Resorts Company. Earlier, he served as president of CSX Hotels, Inc., and as president and chief executive officer of The Greenbrier Resort & Club Management Company. Kleisner holds a Bachelor of Science degree in business administration from the University of Denver.
Novak, 72, is retiring from the board after 13 years of service. He is a member of the audit and finance committees. He retired in 2003 as managing partner of the Cleveland office of Ernst & Young LLP, and is currently a director of BorgWarner, Inc. and A. Schulman, Inc. Novak holds an accounting degree from John Carroll University, a Masters in Accountancy from Bowling Green University, and is a Certified Public Accountant.
FirstEnergy is dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
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