FirstEnergy CEO Steven Strah Abruptly Retires

FirstEnergy CEO Steven Strah — the company’s public face following the massive bribery scandal tied to House Bill 6 — is abruptly retiring effective Friday, Sept. 16. Strah will “receive no severance payments or severance benefits,” FirstEnergy said. He spent 38 years with the company.

As reported by Cleveland.com, while it’s unclear why Strah decided to step down, the move comes just after a company review of its management team. That review was part of an HB 6-related lawsuit settlement.

A FirstEnergy spokeswoman told The Plain Dealer she didn’t know if Strah’s decision to retire was connected to the management review, but that details of the management review “are not planned to be shared.” Read more. 9/15/2022