STOCK TITAN

FirstEnergy Names Three Senior Leaders to Drive Operational, Safety and Technology Performance

(Neutral)
(Positive)
Tags

FirstEnergy (NYSE: FE) appointed three senior leaders to advance operations, safety and technology. Chris Beam becomes President, West Virginia/Maryland Operations; Hanneke Counts is named Vice President, Environmental Health and Safety; and Daniel Puscas becomes Chief Information Officer.

Their roles focus on reliability, risk-based safety, digital transformation and cybersecurity.

Loading...
Loading translation...

Positive

  • Three senior leaders appointed to operations, safety and technology roles
  • Creation of enterprise-wide safety leadership role focused on risk-based prevention
  • New Chief Information Officer to lead digital, IT and cybersecurity strategy
  • Dedicated West Virginia/Maryland president overseeing operations and regulated generation
  • Appointees bring 20+ to 30+ years of relevant industry and transformation experience

Negative

  • None.

News Market Reaction – FE

+0.67%
+0.67% Session close to close

In the Jun 18 session, FE gained 0.67%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds experienced leaders over West Virginia/Maryland operations, environmental hea...
Analysis

This announcement adds experienced leaders over West Virginia/Maryland operations, environmental health and safety, and enterprise technology. With an effective $3,000,000,000 shelf in place, investors may watch how execution and potential financing choices interact with these hires.

Key Figures

Senior leaders named: 3 leaders AEP experience: More than 30 years Global EHS team size: More than 350 employees +5 more
8 metrics
Senior leaders named 3 leaders New appointments to operations, safety and CIO roles
AEP experience More than 30 years Chris Beam prior tenure at American Electric Power
Global EHS team size More than 350 employees Counts’ prior role at Eastman Chemical Company
Global sites managed 50+ sites Counts’ oversight scope at Eastman Chemical Company
Technology experience More than 20 years Daniel Puscas’ technology and operations transformation experience
Shelf registration capacity $3,000,000,000 S-3 / S-3/A shelf for securities offerings
Shares outstanding 578,431,175 shares As of March 31, 2026 per shelf filing
Short interest 4.6% of float Risk context short_percent

Historical Context

5 past events · Latest: Jun 02 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 02 Debt exchange offer Neutral -0.1% Subsidiary extended exchange offer for multiple senior note series.
May 26 Ohio rate plan filing Positive +0.3% Ohio utilities filed three-year rate plan to fund reliability investments.
May 18 WV rate review request Positive +1.1% Mon Power and Potomac Edison proposed two options for reliability-focused rate review.
Apr 28 Q1 2026 earnings Positive -1.3% Company reported higher Core EPS and reaffirmed EPS guidance and capital plan.
Apr 27 Community tree program Neutral +0.1% Pennsylvania unit organized free tree giveaway for Earth and Arbor Day.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news usually tracks directionally with fundamentals, with one notable earnings-related divergence.

Key Terms

integrated resource plan, enterprise resource planning
2 terms
integrated resource plan regulatory
"including Mon Power's integrated resource plan, and working closely with regulators"
An integrated resource plan is a utility’s long-term roadmap showing how it will meet future electricity needs using a mix of power sources, energy efficiency, demand reductions and storage while balancing cost, reliability and regulatory requirements. Like a household budget that plans income, bills and savings, the plan reveals expected investments, operating costs and risks, so investors use it to assess future capital spending, potential rate changes and long-term profitability.
enterprise resource planning technical
"modernizing IT systems and enterprise resource planning platforms"
Enterprise resource planning (ERP) is a comprehensive software system that helps organizations manage and coordinate their core activities—such as finance, supply chain, human resources, and manufacturing—within a single platform. It streamlines operations by providing real-time information, enabling better decision-making. For investors, ERP systems indicate how efficiently a company runs and can signal its ability to adapt and grow in a competitive market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Experienced leaders will help improve reliability, accountability and customer experience

AKRON, Ohio, June 17, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) recently named three senior leaders to strengthen operational performance, advance its safety culture and accelerate enterprise-wide technology transformation: Chris Beam as President, West Virginia/Maryland Operations; Hanneke Counts as Vice President, Environmental Health and Safety; and Daniel Puscas as Chief Information Officer.

FirstEnergy_Logo

Together, these leaders complement FirstEnergy's business strategy by reinforcing key priorities: operating the system safely and reliably, executing investments with discipline and modernizing the tools and processes that support the business. Their combined experience will help the company strengthen performance while creating a better experience for customers, employees and stakeholders.

Beam will lead FirstEnergy's West Virginia and Maryland business unit, including Mon Power and Potomac Edison, along with the company's regulated generation business. He will oversee safe, reliable and efficient operations, financial performance and the regulatory and legislative strategy that supports the company's investment plans, reporting to Wade Smith, President, FirstEnergy Utilities.

In her role overseeing the company's enterprise safety organization, Counts will drive a more consistent, risk-based approach to preventing serious injuries and strengthening field execution. She will focus on standardizing safety practices across the company, expanding field coaching and observation programs and reinforcing a culture where employees take ownership of safe work. Counts reports to Chief Operating Officer Toby Thomas.

Reporting to FirstEnergy Board Chair, President and Chief Executive Officer Brian X. Tierney, Puscas will take charge of FirstEnergy's enterprise technology, digital and cybersecurity strategy. He will oversee IT operations, digital platforms, cybersecurity and innovation efforts, with a focus on improving system reliability, enabling data-driven decision-making and supporting the company's transition to a more modern, efficient operating model.

Christian T. Beam Biography
Beam joined FirstEnergy in 2025 as Vice President, Generation Project Development, leading strategy and regulatory engagement for new generation assets in West Virginia, including Mon Power's integrated resource plan, and working closely with regulators and stakeholders to advance investments supporting reliable service. Prior to FirstEnergy, he spent more than three decades at American Electric Power, including executive leadership roles overseeing generation, transmission and safety and serving as President and Chief Operating Officer of Appalachian Power. He holds a Bachelor of Science in Technical Management from DeVry University.

Hanneke Counts Biography
Counts joins FirstEnergy with extensive experience leading global environmental, health and safety organizations. She most recently served as Senior Director of Global Environment, Health and Safety at Westinghouse Electric Company, where she transformed safety programs, strengthened risk identification and improved performance. Previously, she was Vice President of Global Health, Safety, Environment and Security at Eastman Chemical Company, leading a global team of more than 350 employees across 50+ sites and driving measurable improvements in safety performance and operational efficiency. She holds a Master of Engineering in Environmental Engineering and a Bachelor of Science in Mechanical Engineering from Clemson University and is a Certified Safety Professional.

Daniel Puscas Biography
Puscas joins FirstEnergy with more than 20 years of experience leading technology and operations transformations. He most recently served as a partner at Fortium Partners, advising companies on technology strategy, operational improvements and restructuring initiatives. Previously, he was a Director at AlixPartners, where he served in multiple chief information officer and chief operating officer roles, leading transformations, post-merger integrations and cost optimization efforts and modernizing IT systems and enterprise resource planning platforms. Earlier, he held senior leadership roles at Comerica, leading large-scale technology operations and supporting multiple acquisitions. He holds a Master of Business Administration in Finance from the University of Detroit Mercy and a Bachelor of Science in Business Administration from Central Michigan University.

Professional photos of Beam, Counts and Puscas are available for download on Flickr.

About FirstEnergy 
FirstEnergy Corp. is dedicated to integrity, safety, reliability and operational excellence. It's electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at firstenergycorp.com and on X @FirstEnergyCorp.

Cision View original content:https://www.prnewswire.com/news-releases/firstenergy-names-three-senior-leaders-to-drive-operational-safety-and-technology-performance-302803572.html

SOURCE FirstEnergy Corp.

FAQ

What leadership changes did FirstEnergy (FE) announce on June 17, 2026?

FirstEnergy announced three senior appointments: Chris Beam as President, West Virginia/Maryland Operations; Hanneke Counts as Vice President, Environmental Health and Safety; and Daniel Puscas as Chief Information Officer. According to FirstEnergy, these roles support reliability, safety and enterprise-wide technology transformation.

Who is Chris Beam and what is his new role at FirstEnergy (FE)?

Chris Beam becomes President, West Virginia/Maryland Operations at FirstEnergy. He will lead the West Virginia and Maryland business unit, including Mon Power, Potomac Edison and regulated generation, overseeing operations, financial performance and regulatory and legislative strategy, according to FirstEnergy.

What will Hanneke Counts oversee as Vice President, Environmental Health and Safety at FirstEnergy (FE)?

Hanneke Counts will lead FirstEnergy’s enterprise safety organization. According to FirstEnergy, she will standardize safety practices, expand field coaching and observation programs, and promote a risk-based approach to preventing serious injuries and strengthening field execution across the company.

What are the responsibilities of FirstEnergy (FE) Chief Information Officer Daniel Puscas?

Daniel Puscas will oversee FirstEnergy’s enterprise technology, digital and cybersecurity strategy. According to FirstEnergy, his responsibilities include IT operations, digital platforms, cybersecurity and innovation, focused on system reliability, data-driven decision-making and supporting a more modern, efficient operating model.

How do the new leadership roles at FirstEnergy (FE) support customers and stakeholders?

The new roles are intended to strengthen performance across operations, safety and technology. According to FirstEnergy, this leadership structure aims to improve system reliability, advance a consistent safety culture and modernize tools and processes, supporting a better experience for customers, employees and stakeholders.

What prior experience does Hanneke Counts bring to FirstEnergy (FE)?

Hanneke Counts has led global environment, health and safety organizations. According to FirstEnergy, she previously held senior roles at Westinghouse Electric Company and Eastman Chemical Company, where she managed large global teams and drove measurable improvements in safety performance and operational efficiency.

What is the background of FirstEnergy (FE) CIO Daniel Puscas?

Daniel Puscas has over 20 years of technology and operations transformation experience. According to FirstEnergy, he previously worked at Fortium Partners and AlixPartners in CIO and COO roles, leading transformations, post-merger integrations, cost optimization and modernization of IT and ERP platforms.