FirstEnergy Appoints Michael Ausere as VP of Financial Planning

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FirstEnergy Corp.

FirstEnergy Corp.

FirstEnergy Appoints Michael Auseré as Vice President of Financial Planning and Analysis

AKRON, Ohio, May 14, 2025 — FirstEnergy Corp. (NYSE: FE) announced today the appointment of Michael Auseré as Vice President of Financial Planning and Analysis, effective June 2. With over 25 years of energy industry experience, Auseré is set to play a pivotal role in managing the company’s financial planning and budgeting processes.

Responsibilities and Objectives

In his new role, Auseré will be responsible for:

  • Leading FirstEnergy’s long-range planning and budgeting processes.
  • Supporting the overall achievement of the company’s financial objectives and strategic initiatives.
  • Collaborating with various sectors within FirstEnergy to enhance financial planning.

He will report directly to Jon Taylor, the Senior Vice President and Chief Financial Officer of FirstEnergy. Taylor expressed confidence in Auseré’s abilities, stating that his expertise in business planning and transformative change within the energy sector will significantly contribute to FirstEnergy’s growth.

Auseré’s Background and Experience

Before joining FirstEnergy, Auseré served as Vice President of Business Development at Eversource Energy, the largest energy provider in New England. His previous positions also include:

  • Vice President of Financial Planning and Analysis at Eversource Energy, managing budgeting and planning across utility services in Connecticut, Massachusetts, and New Hampshire.
  • A series of financial roles at Energy Future Holdings (formerly TXU Corp), where he contributed to the financial planning for the competitive power generation business.
  • Beginning his career in public accounting at PwC, where he audited large energy firms and advised on mergers and securities.

Auseré holds both a bachelor’s and a master’s degree in accounting from the University of Texas at Austin and is a Certified Public Accountant (CPA).

Strategic Growth and Future Goals

FirstEnergy’s commitment to integrity, safety, reliability, and operational excellence is set to be strengthened with Auseré’s leadership. As the company continues to serve over 6 million customers in six states, including Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York, his role is crucial in maximizing shareholder returns while minimizing customer bill impacts.

According to Taylor, “Michael will be instrumental in working across our major businesses to develop a financial plan that will drive FirstEnergy’s continued growth and success.” This reinforces the company’s focus on financial stability and customer satisfaction in an ever-evolving energy market.

FirstEnergy’s Commitment to Excellence

FirstEnergy is dedicated to maintaining its status as one of the nation’s largest investor-owned electric systems. The company recognizes that leadership changes are crucial for adapting to new challenges and capitalizing on opportunities in the energy sector.

With a strong focus on strategic initiatives, FirstEnergy’s future looks promising, especially with seasoned professionals like Auseré leading critical financial departments.

Tags:

Finance, Energy, FirstEnergy, Corporate Appointments, Michael Auseré, Financial Planning, Eversource Energy, Utility Companies, Business Development, Strategic Growth
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