Steven E. Strah is the current President and CEO of FirstEnergy Corp., having stepped into this role in March 2021 after serving as Acting CEO and President prior to that. His journey with the company started in 1984 at The...
Steven E. Strah is the current President and CEO of FirstEnergy Corp., having stepped into this role in March 2021 after serving as Acting CEO and President prior to that. His journey with the company started in 1984 at The Illuminating Company, which is now part of FirstEnergy. Over his career, Steven has held various important positions, including Senior Vice President and Chief Financial Officer. What's notable is how he transitioned to CEO during a complex period for the company, demonstrating strong leadership at a crucial time. In 2021, he earned a total compensation of approximately $1.08 million, which came largely from his salary, while other compensation reflected his contributions to the company’s future. Under his leadership, FirstEnergy has focused on engaging with shareholders, enhancing accountability, and improving operational performance. There’s also been increased emphasis on climate responsibility and community engagement, showing that Steven values transparency and sustainability in business. His serious approach to corporate governance aligns with modern demands for ethical practices in energy and utilities. Strah's extensive experience and strategic direction aim to steer FirstEnergy into a more sustainable future while maintaining reliable service for millions.