FirstEnergy's CEO Discusses Q4 2011 Results - Earnings Call Transcript

FirstEnergy (FE)

Q4 2011 Earnings Call

February 29, 2012 8:15 am ET

Executives

Anthony J. Alexander - Chief Executive Officer, President and Executive Director

Mark T. Clark - Chief Financial Officer and Executive Vice President

Charles E. Jones - Principal Executive Officer of Ohio Edison Company, Principal Executive Officer of The Cleveland Electric Illuminating Company, Principal Executive Officer of The Toledo Edison Company, Principal Executive Officer of Pennsylvania Electric Company, President, Firstenergy Utilities, President of Pennsylvania Electric Company, President of The Toledo Edison Company and President of The Cleveland Electric Illuminating Company

James H. Lash - President of Firstenergy Generation Corp and Chief Nuclear Officer of Firstenergy Nuclear Operating Company

Unknown Executive -

Donald R. Schneider - Principal Executive Officer and President

Irene M. Prezelj -

Leila L. Vespoli - Executive Vice President and General Counsel

Analysts

Unknown Analyst

Carrie Saint Louis

Steven I. Fleishman - BofA Merrill Lynch, Research Division

Presentation

Operator

Good morning, everyone. I'm Irene Prezelj, Vice President of Investor Relations, and I want to thank you for coming to FirstEnergy's Analyst Meeting today. Before I review this morning's agenda, I'd like to point your attention to the slide, which is also available in your presentation book. It contains the Safe Harbor statement, under the Private Securities Litigation Reform Act of 1995. For those listening on the webcast, this is also contained in the materials posted on our website. Please review this document closely as you consider the comments we will be making today. We have a full agenda and we'll kick the meeting off with Tony Alexander, our President and CEO. Tony will be followed by Mark Clark, our Executive Vice President and Chief Financial Officer, who will provide our financial outlook. Mark will be followed by Chuck Jones, President of our Utilities Group, who will review our regulated utility and transmission operations. Mark and Chuck will take questions after their presentations. We're planning a short break following Chuck's presentation; and then we'll have Jim Lash, President of FE Generation and our Chief Nuclear Officer. Donny Schneider, President of FirstEnergy Solutions will follow Jim; and Leila Vespoli, Executive Vice President and General Counsel rounds out our speaker list today. Tony will return to close the meeting, and he will take questions at that time.

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