Akron, Ohio, May 17, 2011 — Akron, Ohio-based FirstEnergy Corp. announced that Executive Vice Chairman Paul J. Evanson will retire effective June 1, 2011. Evanson will continue to work with the company on a consulting basis.
"I appreciate Paul's contributions to our industry and his support during the merger process," said FirstEnergy President and CEO Anthony J. Alexander. "He played a key role in the merger of FirstEnergy and Allegheny Energy, helping to create a larger, stronger company that is well positioned for future success."
Prior to joining Allegheny Energy, Evanson was president of Florida Power and Light Co. — one of the largest investor-owned electric utilities in the nation. Previously, he served as president and chief operating officer for Lynch Corp., a Connecticut-based diversified company that grew through acquisitions in multi-media and transportation.
Evanson is a director of the Edison Electric Institute and a member of the board of trustees of St. John's University. He also has served as Chairman of the Florida Reliability Coordinating Council and as a trustee of the North American Electricity Reliability Council.
Evanson received a Bachelor of Science degree in business administration from St. John's University. He then received a law degree from Columbia University, a master's degree in law from New York University; and an honorary doctor of commercial science degree from St. John's.
FirstEnergy's ten electric distribution companies comprise the nation's largest investor-owned electric system. Its generating fleet features non-emitting nuclear, scrubbed baseload coal, natural gas, pumped-storage hydro and other renewables, and has a total generating capacity of about 23,000 MW.