CLEVELAND — FirstEnergy has fired CEO Chuck Jones and two other executives for violating company policies and its code of conduct.
"During the course of the company's previously disclosed internal review related to the government investigations, the Independent Review Committee of the Board determined that these executives violated certain FirstEnergy policies and its code of conduct," FirstEnergy said in a statement.
The company has been tied to an alleged bribery scheme involving former Ohio House Speaker Larry Householder and the state's nuclear bailout bill.
FirstEnergy has said it has done nothing wrong in connection with the investigation into Householder.
The company also terminated its Senior Vice President of Product Development, Marketing, and Branding; and its Senior Vice President of External Affairs, effective immediately.
FirstEnergy has appointed Steven Strah as acting Chief Executive Officer.
To read the entire press release, click here.