FirstEnergy Enhances Leadership Team with Appointment of Hannah Turner as Vice President, Transmission Finance
Rhea-AI Summary
FirstEnergy (NYSE: FE) appointed Hannah Turner as Vice President, Transmission Finance and Principal Financial Officer for FirstEnergy Transmission, effective March 1, 2026. Turner will oversee finance, regulatory filings and rates for FirstEnergy Transmission, Keystone Appalachian Transmission Company and integrated transmission businesses.
She joins as FirstEnergy advances the Valley Link Transmission joint venture and launches the Grid Growth Ventures joint venture; Turner brings leadership from Electric Transmission Texas and earlier roles at American Electric Power, and holds an MBA and BBA from LeTourneau University.
Positive
- Appointment effective March 1, 2026 as Principal Financial Officer
- Oversight scope includes FET, KATCo and integrated transmission businesses
- Joint-venture experience aligns with Valley Link and Grid Growth Ventures timing
- Senior leadership background led a multibillion-dollar enterprise at Electric Transmission Texas
Negative
- No financial guidance or quantitative metrics were disclosed in the announcement
- Transition risk as Turner assumes critical regulatory and rates responsibilities
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 25 | Community grant | Neutral | +0.0% | Foundation awarded a $10,000 grant for first responder training equipment. |
| Feb 19 | Grid investment project | Positive | +1.3% | Announced $30 million Van Reed 69‑kV project for 6,000+ customers. |
| Feb 18 | Substation completion | Positive | -0.8% | Completed new $6.6 million substation serving about 2,400 customers. |
| Feb 17 | Earnings and outlook | Positive | -0.8% | Reported 2025 GAAP EPS $1.77, Core EPS $2.55 and $36B capital plan. |
| Feb 17 | Auction notice | Neutral | -0.8% | Outlined PIPP RFP auction and 12‑month delivery period June 2026–May 2027. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news spans grid investments, philanthropy and earnings; positive operational and financial updates have sometimes seen mixed or negative next-day price reactions.
Over recent months, FirstEnergy has combined operational execution with long-term planning. On Feb 17, it reported 2025 GAAP EPS $1.77, Core EPS $2.55 and a $36 billion 2026–2030 capital plan, yet shares fell 0.83%. Grid investment news on Feb 18 and Feb 19 highlighted a new $6.6 million substation and a $30 million project for over 6,000 customers, with mixed price follow-through. The current leadership appointment fits this broader narrative of execution and governance around transmission growth initiatives.
Key Terms
joint venture financial
regulatory filings regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Industry veteran to guide financial strategy for FirstEnergy Transmission
She joins FirstEnergy at a pivotal time as the company advances the multiyear Valley Link Transmission joint venture with Dominion Energy and Transource Energy, launches the new Grid Growth Ventures joint venture with Transource Energy and pursues additional efforts to strengthen the regional power grid.
In this role, Turner will direct financial planning and reporting for transmission operations, serve as the primary financial liaison to the FET board and investors, oversee the Transmission rates team and manage regulatory filings. She will also work with internal and external partners to address strategic, financial and operational risks and support continuous improvement.
Turner brings deep joint venture and leadership experience from Electric Transmission Texas (ETT), where she most recently served as President, leading a multibillion-dollar enterprise, strengthening governance and advancing system resiliency initiatives. Previously, she served as ETT's Vice President of Finance and Regulatory, directing financial planning, analysis and compliance programs that improved performance and streamlined reporting.
Earlier in her career at American Electric Power, she helped align financial structures and regulatory strategies across multiple joint ventures – experience that support's FirstEnergy's focus on regional collaboration and long-range planning.
"Hannah's experience leading major transmission organizations and navigating complex regulatory environments will be a tremendous asset to our leadership team. Her strategic and collaborative approach will strengthen our financial foundation and support continued growth. I'm confident she will quickly make a positive impact for our customers and stakeholders," said Mark Mroczynski, President of Transmission at FirstEnergy.
Turner holds both a Master of Business Administration and a Bachelor of Business Administration from LeTourneau University.
A professional photo of Turner is available for download on Flickr.
About FirstEnergy Transmission
FirstEnergy Transmission, jointly owned by FirstEnergy Corp. and Brookfield Super-Core Infrastructure Partners, owns and operates American Transmission Systems Inc. (ATSI), Mid-Atlantic Interstate Transmission LLC (MAIT) and Trans-Allegheny Interstate Line Company (TrAILCo). FirstEnergy is one of the nation's largest investor-owned electric systems, serving more than six million customers in
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SOURCE FirstEnergy Corp.