The U.S. Chamber of Commerce Foundation and the Institute for 21st Century Energy joined together to host a luncheon with Anthony J. Alexander, CEO and President of FirstEnergy.
The electric utility industry is in a time of unprecedented change. Mr. Alexander’s remarks focused on some of the regulatory challenges and mandates that are making it more difficult for electric utilities to provide reliable, affordable service to customers. He also emphasized the importance of a national energy policy that drives economic expansion, creates jobs, and recognizes the high value that customers place on the use of electricity.
Anthony J. Alexander is president and chief executive officer of FirstEnergy Corporation. He also is a member of the Company’s Board of Directors.
Over the course of his career at FirstEnergy, Mr. Alexander has guided the company through numerous significant events including mergers, acquisitions and divestitures, while also successfully leading the company through complex regulatory and environmental challenges and varied operational, financial and related issues. He is a leading proponent of electric competition and has participated in many national and regional forums on the key issues facing the electric utility industry.
Mr. Alexander began his career in 1972 in the Tax Department of Ohio Edison – which merged in 1997 with Centerior Energy to form FirstEnergy. He joined Ohio Edison’s Legal Department as an attorney in 1976, was named senior attorney in 1984, and promoted to associate general counsel in 1987. Mr. Alexander was elected vice president and general counsel in 1989; senior vice president and general counsel in 1991; and executive vice president and general counsel in 1996. In 1997, Mr. Alexander was elected executive vice president and general counsel of FirstEnergy and elected president in 2000. He was elected president and chief operating officer in 2001 and to his current position in January 2004.
Mr. Alexander received his bachelor of science in accounting and law degrees from The University of Akron. He completed the Program for Management Development at the Harvard Graduate School of Business; and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology. He also is a recipient of the Dr. Frank L. Simonetti Distinguished Business Alumni Award from The University of Akron.
Headquartered in Akron, Ohio, FirstEnergy is a leading regional energy provider with nearly $50 billion in assets and over $15 billion in annual revenues. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. The company’s 10 utility operating companies form one of the nation’s largest investor-owned electric systems based on 6 million customers served within a nearly 65,000-square-mile area of Ohio, Pennsylvania, Maryland, West Virginia, New Jersey and New York.
Its generation subsidiaries control approximately 16,000 megawatts of capacity from a diversified mix of scrubbed coal, nuclear, natural gas, oil, hydroelectric, pumped-storage and contracted wind and solar resources – including more than 2,400 megawatts of renewable energy. The company’s transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.
FirstEnergy Solutions, its competitive subsidiary, is one of the nation’s largest competitive suppliers, serving more than 2.7 million residential, commercial and industrial customers in Ohio, Pennsylvania, New Jersey, Maryland, Michigan and Illinois.