On March 29, 2024, FirstEnergy Corp announced that it has received a shareholder proposal from New York State Common Retirement Fund request that Compensation Committee of the Company?s Board of Directors prepare a report assessing the feasibility of integrating the Company?s committed GHG emissions targets, goals, and other climate-related measures (as determined by the Board), into the performance goals, metrics, and vesting conditions applicable to senior executives under the Company?s compensation incentive plans. In addition, the Company urged the shareholders to vote against the proposal at its annual general meeting of shareholders scheduled to be held on May 22, 2024.
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- FirstEnergy Corp Receives a Shareholder Proposal from New York State Common Retirement Fund