FirstEnergy fires another executive over consulting contract

FirstEnergy fires another executive over consulting contract

SeattlePI.com

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CLEVELAND (AP) — A FirstEnergy senior vice president was fired Thursday for her “inaction” regarding a 2015 amendment to a “purported” consulting contract with someone who was later appointed as Ohio's top utility regulator, the company announced in a U.S. Securities and Exchange Commission filing.

Eileen Mikkelsen's dismissal makes her the sixth high-ranking FirstEnergy executive fired since the U.S. Department of Justice alleged last July that the company had secretly funded a $60 million bribery scheme aimed at winning legislative approval of a bailout of two nuclear power plants operated at the time by a wholly-owned FirstEnergy subsidiary.

CEO Chuck Jones and two other vice presidents were fired in October for what FirstEnergy said were violations of company policies and its code of conduct. Two of the company's top attorneys were fired the following month. FirstEnergy did not specify the reason for their dismissals.

Jones was appointed CEO in 2015.

A message seeking comment was left for Mikkelsen on Thursday. A FirstEnergy spokesperson declined to comment about the firing.

While FirstEnergy has not named the regulator in question, it has not been disputed that it was Samuel Randazzo, appointed by Republican Gov. Mike DeWine in early 2019 as chair of the Public Utilities Commission of Ohio. Randazzo resigned last November after the FBI searched his Columbus townhome and FirstEnergy disclosed it had paid him $4.3 million before his appointment to end a consulting contract in place since 2013.

“FirstEnergy continues to believe that payments under the consulting agreement may have been for purposes other than those represented within the consulting agreement," according to Thursday's SEC filing.

FirstEnergy has been engaged in damage control over the last year as...

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