Sagot brings two decades of finance and
utility experience; Davies brings three decades of experience
driving operational excellence and enterprise
transformation
AKRON,
Ohio, Nov. 8, 2024 /PRNewswire/ -- FirstEnergy
Corp. (NYSE: FE) announced today that Karen
Sagot has been named Vice President, Investor Relations,
effective Nov. 10, and Sean Davies has been named Vice President,
Continuous Improvement, effective Nov.
18.
As Vice President of Investor Relations, Sagot will lead
and execute FirstEnergy's investor relations strategy, promote its
financial and strategic vision and oversee communications with the
company's investors. She will report to Jon
Taylor, Senior Vice President and Chief Financial
Officer.
"Karen's proven track record of developing relationships through
strategic and transparent communications across industries makes
her the ideal candidate for this role," said Taylor. "She is a
strategic and decisive leader who brings a deep understanding of
our industry. I look forward to welcoming Karen to our Finance
leadership team."
As Vice President of Continuous Improvement, Davies will focus
on driving innovation and operational efficiency
across FirstEnergy. He will be instrumental in developing and
implementing strategies to optimize business processes, improve
performance and achieve the company's strategic objectives. Davies
will report to John Combs, Senior
Vice President, Shared Services.
"With deep experience leading global and enterprise-wide
transformations, organizational change and operational excellence,
I am confident Sean will help drive a culture of continuous
improvement and forge meaningful partnerships
across FirstEnergy. His expertise will help us continually
refine and enhance the work we do, as well as how we do it, to best
serve our customers and continue our transition to becoming a
premier electric company," said Combs.
About Karen Sagot
Sagot
most recently was the Head of Investor Relations at Enphase Energy,
where she worked closely with senior leadership to create a
proactive and superior investor relations strategy, including
long-term investor targeting, shareholder diversification and
investor engagement. She also has nearly 20 years of experience in
corporate and investment banking, including Managing Director roles
at both J.P. Morgan and Bank of America Merrill Lynch, where she
led and managed transactions and clients across a variety of
industries and contributed to the setting of company strategy.
Sagot earned bachelor's and master's degrees in economics and
finance from Brandeis University in
Waltham, Massachusetts.
About Sean Davies
With
more than three decades of professional experience, Davies
joins FirstEnergy from J.P. Morgan Chase, where he served as
Senior Executive Director, Head of Business Management, Governance,
Risk and Compliance. In this role, he was the Chief of Staff
for Enterprise Technology Services and led transformation, strategy
enablement, operational excellence and numerous other teams to
deliver continuous improvement. He also has held leadership roles
with Wolters Kluwer, Think Systems,
Walden University, Phillips Corporate,
Digna Machine and Laser Applications.
Davies is a certified LEAN practitioner and Prosci
practitioner. He holds a Bachelor of Science degree in Mechanical
Engineering from University of Maryland
Baltimore County and a Master of Business Administration
from Loyola College in Baltimore, Maryland. He has been on the board
of directors of various companies such as Delta Engineering and
Goodwill, and the silent partner of Cyclops Inc, and MOS Inc.
Previously, he was also an Adjunct Professor at Loyola University of Maryland.
FirstEnergy is dedicated to integrity, safety, reliability and
operational excellence. Its electric distribution companies form
one of the nation's largest investor-owned electric systems,
serving more than 6 million customers in Ohio, Pennsylvania, New
Jersey, West Virginia,
Maryland and New York. The company's transmission
subsidiaries operate more than 24,000 miles of transmission lines
that connect the Midwest and Mid-Atlantic regions. Follow
FirstEnergy online at www.firstenergycorp.com and on X
@FirstEnergyCorp.
Editor's Note: Professional photos of Karen
Sagot and Sean Davies
are available for download on Flickr.
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SOURCE FirstEnergy Corp.