BNET Industries
Last Fiscal Year Sales:$2.4B
- Public
- US
Dow Jones Description
Electric Power Distribution & Generation Services
Board of Directors
Richard R. GriggNumber of Employees 1,328
Peer Companies
NAICS Code Electric Power Distribution: 221122
Recent Events
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Profit falls 58% at FirstEnergy
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FirstEnergy says income up 24 percent in fourth quarter
News & Analysis
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ohio edison co. - All News and Analysis
Ohio Edison Company reached a settlement in its case with the EPA and the Department of Justice over violations of the Clean Air Act requiring the utility to spend $1.1 billion on new pollution controls in its power plants to reduce harmful sulfur dioxide
Ohio Edison Company reached a settlement in its case with the EPA and the Department of Justice over violations of the Clean Air Act requiring the utility to spend $1.1 billion on new pollution controls in its power plants to reduce harmful sulfur dioxide and nitrogen oxide by 212,000 tons...
Utilities ask court to defuse trial dereg program. (Centerior Energy Corp.; Ohio Edison Co.)
Centerior Energy Corp. and Ohio Edison Co. have asked the Ohio Supreme Court to pull the plug on a pilot program that regulators say is designed to help give the state a more competitive electric utility industry. The area utility concerns, along with two other Ohio...
At Ohio Edison Co. Annual Meeting Shareholders Asked Merger Questions.(Originated from Akron Beacon Journal, Ohio)
Apr. 25--The long, last annual meeting of the shareholders of the Ohio Edison Co. was held in Akron yesterday. The long: The meeting went on for 1 1/2 hours. The last: If all goes as planned, the...
'Chutes of gold: Centerior execs may reap millions in severance pay under Edison deal. (acquisition of Centerior Energy Corp. by Ohio Edison Co.)
Centerior execs may reap millions in severance pay under Edison deal Centerior Energy Corp.'s top executives and officers will receive nearly $10 million in severance packages if they lose their jobs as a result of the pending acquisition of Centerior Centerior execs may reap millions in severance...
Deal's doubters fear CEI-Toledo Ed II. (Ohio Edison Co. and Centerior Energy Corp.'s planned merger)
Centerior, Ohio Ed merger looks too familiar to some As Ohio Edison Co. and Centerior Energy Corp. tout their planned marriage, a similar but unfulfilled union between the two companies that combined 10 years ago to form Centerior has raised doubts among electric utility observers about...
Correcting Ohio Edison Company elects Guy L. Pipitone; headline should read vice president in the Company's Generation and Transmission Group sted vice president of the Company's Generation and Transmission Group
--BUSINESS WIRE--June 18, 1996--In BW1282 (OHIO-EDISON) elects Guy L. Pipitone, the headline should read xxx vice president in the Company's Generation and Transmission Group (sted vice president of the Company's Generation and Transmission Group).CONTACT: Ohio Edison Company, AkronRalph J. DiNicola, 216/384-5939
Ohio Edison may turn lights off on 150-200 jobs. (Ohio Edison Co.)
As part of its ongoing cost-cutting efforts, Ohio Edison Co. is considering the elimination of between 150 and 200 jobs by the end of 1996. Ohio Edison spokesman Ralph J. DiNicola said the job cuts would occur in the company's division operations and As part of...
Ohio Edison Company activates Web site
AKRON, Ohio--BUSINESS WIRE--Jan. 31, 1996--Ohio Edison Company today announced that its new Internet site on the World Wide Web -- http://www.ohioedison.com -- has been activated. The site offers a wide variety of information for anyone who wants to learn more about the company and its services.The Web site can...
Ohio Edison Company declares quarterly dividends
AKRON, Ohio--BUSINESS WIRE--March 21, 1995--The Board of Directors of Ohio Edison Company today declared the following quarterly dividends on the Company's preferred stock.-0-
Ohio Edison changes the rules. (Ohio Edison Co.)
Company restructuring deemed innovative for the utility world Ohio Edison Co. touts itself as the energy makers, but its top officials know the company also must be the change makers. In the competitive revolution predicted to sweep through the electriCompany restructuring deemed innovative for the utility world...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Harvey L. Wagner | Vice President & Controller |
| Larry Wargo |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Richard R. Grigg | Board of Directors |
Mr. Grigg, formerly Executive Vice President and Chief Operating Officer was named ExecutiveVice President and President, FirstEnergy Utilities, effectiveMarch 2, 2008.
| Organization | Position | Status |
|---|---|---|
| FirstEnergy Corp. | President, FirstEnergy Utilities | Current |
| Ohio Edison Co. | President | Current |
| Pennsylvania Electric Company | COO & Executive Vice President | Current |
| American Society Of Mechanical Engineers | Board of Directors | Current |
| Pennsylvania Electric Company | Board of Directors | Current |
| Wepco, Inc | Board of Directors | Current |
| Ohio Edison Co. | Board of Directors | Current |
| FirstEnergy Corp. | Chief Operating Officer | Former |
| Ohio Edison Co. | COO & Executive Vice President | Former |
| Wepco, Inc | Chief Nuclear Officer | Former |
| Metropolitan Edison Company | Board of Directors | Former |
| FirstEnergy Corp. | Executive Vice President and President, Firstenergy Utilities | Former |
| Metropolitan Edison Company | COO & Executive Vice President | Former |
| United Community Center, Inc | Board of Directors | Former |
Harvey L. Wagner served as Controller of FES from November 7, 1997 until December 31, 2001 and has served as Vice President and Controller of FES since January 1, 2002. Mr. Wagner also serves as Vice President, Controller and Chief Accounting Officer of FirstEnergy.
| Organization | Position | Status |
|---|---|---|
| FirstEnergy Corp. | Chief Accounting Officer | Current |
| Pennsylvania Electric Company | Controller & Vice President | Current |
| FirstEnergy Corp. | Vice President | Current |
| Ohio Edison Co. | Vice President & Controller | Current |
| FirstEnergy Corp. | Controller of Fes | Current |
| FirstEnergy Corp. | Board of Directors | Current |
| Jersey Central Power & Light | Controller, Vice President & Chief Accounting Officer | Former |
| FirstEnergy Nuclear Operating Co. | Controller & Vice President | Former |
| Metropolitan Edison Company | Controller & Vice President | Former |
Larry Wargo has been with Ohio Edison and FirstEnergy for over 30 years. Over the years, he has held a number of management positions in fossil generation and, most recently, is a consultant for contractor services. In addition to his duties with FirstEnergy, Wargo serves in a variety of capacities with a number of different associations. These include CURT's Workforce Development Committee, Industrial Relations Subcommittee, and Construction Overtime Subcommittee; the Northwest Ohio Great Lakes Construction Alliance; the Boilermaker National Conference Planning Committee; the Ohio Construction Coalition-Absenteeism Committee; and judge for the NMAPC Zero Injury Safety Awards Program.
| Organization | Position | Status |
|---|---|---|
| Ohio Edison Co. | Current | |
| The Curt | Board of Directors | Current |
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