FirstEnergy Announces New Vice Presidents of Finance and Regulatory Affairs for West Virginia-Maryland and Ohio: Meet the Power Players!

FirstEnergy Corp. Announces New Hires for Finance and Regulatory Roles in Ohio, West Virginia, and Maryland

Akron, Ohio, February 4, 2025 – FirstEnergy Corp. (FE), a leading electric utility company based in Akron, Ohio, is making some significant changes to its finance and regulatory teams. The company has announced the hiring of two new vice presidents who will be responsible for developing and implementing financial strategy for their respective states:

New Vice Presidents at FirstEnergy

Arsalan Azarsa will join FirstEnergy as Vice President, Finance and Regulatory for West Virginia and Maryland, effective February 10. Azarsa brings extensive experience in the energy industry, having previously held senior finance and regulatory roles at Dominion Energy and American Electric Power. In his new role, he will be responsible for budgeting, forecasting, and financial planning for FirstEnergy’s operations in West Virginia and Maryland. Azarsa will also oversee relationships with state commissions and staff and lead the development of state regulatory strategy.

Kevin Keller will join the company as Vice President, Finance and Regulatory for Ohio, effective February 24. Keller has an impressive background in finance and regulatory affairs, having worked for over a decade in various finance and regulatory roles at Duke Energy and American Electric Power. In his new position, he will be responsible for the financial strategy of FirstEnergy’s Ohio operations, including budgeting, forecasting, and financial planning. Keller will also oversee relationships with the Ohio Public Utilities Commission and staff and lead the development of Ohio regulatory strategy.

Impact on Customers

These hirings are a positive sign for FirstEnergy customers in Ohio, West Virginia, and Maryland. With experienced professionals like Azarsa and Keller leading the finance and regulatory efforts in their respective states, customers can expect more effective and efficient utility services. The new vice presidents will focus on developing financial strategies that minimize rate increases while ensuring the reliability and safety of the electric grid.

Impact on the Energy Industry

The energy industry as a whole could benefit from these hirings as well. With the increasing importance of regulatory compliance and financial management in the energy sector, having experienced professionals in these roles can help companies navigate the complex regulatory landscape and manage their finances more effectively. Azarsa and Keller’s expertise in finance and regulatory affairs will enable FirstEnergy to stay competitive in the energy market and ensure regulatory compliance while minimizing rate increases for customers.

Conclusion

FirstEnergy Corp.’s recent hirings of Arsalan Azarsa and Kevin Keller as Vice Presidents, Finance and Regulatory for West Virginia and Maryland, and Ohio, respectively, are a positive sign for the company and its customers. With their extensive experience in the energy industry, Azarsa and Keller will be able to effectively develop and implement financial strategies for their respective states while overseeing relationships with state commissions and staff. These hirings will help ensure the reliability and safety of the electric grid while minimizing rate increases for customers. The impact of these hirings will not only be felt by FirstEnergy customers but also by the energy industry as a whole, as companies continue to place greater emphasis on regulatory compliance and financial management.

  • FirstEnergy Corp. hires Arsalan Azarsa and Kevin Keller as Vice Presidents, Finance and Regulatory for West Virginia and Maryland, and Ohio, respectively.
  • Azarsa and Keller bring extensive experience in the energy industry and will be responsible for developing financial strategy for their respective states.
  • Customers can expect more effective and efficient utility services with experienced professionals leading the finance and regulatory efforts.
  • The energy industry will benefit from these hirings as companies navigate the complex regulatory landscape and manage their finances more effectively.

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