Credit: T. Schneider/Shutterstock Utility's Deal With Prosecutors Includes Restructuring of Legal and Compliance Roles
As part of its remedial efforts, the company said, it has separated the chief legal officer and the chief ethics and compliance officer functions.
July 22, 2021 at 06:46 PM
3 minute read
General Counsel and In House Counsel
After a bribery scandal at FirstEnergy Corp. that led to the ouster of a CEO and two legal executives, the utility has agreed to pay $230 million in a deferred prosecution agreement. And as part of its remedial efforts, the company said, it has separated the chief legal officer and the chief ethics and compliance officer functions.
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