COVID Stimulus Watch Parent Company Summary
Parent Company Name:
FirstEnergy
Grant Total: $0
Face Value of Loans Total: $16,972,162
Parent Company Data
Ownership Structure: publicly traded (ticker symbol FE)
Headquartered in: Ohio
Sector: utilities and power generation
Industry: utilities
Employees (prior to pandemic): 12,316
Parent Accountability Issues Since 2010
Employment-related Penalties: $908,545
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $11,300,772
Consumer Protection / Financial / Competition-related Penalties: $230,125,000
Ratio of CEO Pay to that of Median Worker: 98 to 1
CEO Compensation: $14,684,659
Worker Median Pay: $149,550
Total Federal, State, and Local Subsidies: $64,573,592
Federal Corporate Income Tax Rate: -1.1%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:
Grant Amount:
Face Loan Amount:$2,736,443
Contract Amount:
Award Date:Jun 28, 2020
State:
Grant Amount:
Face Loan Amount:$2,210,987
Contract Amount:
Award Date:Oct 14, 2020
State:
Grant Amount:
Face Loan Amount:$2,191,701
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,102,592
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,138,199
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,122,496
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,119,576
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,118,991
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,114,608
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,064,566
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,052,003
Contract Amount:
Award Date:Aug 10, 2020
Employment Issues
Contracting Issues
CEO Pay Issues