0001031296-00-00001210-K/A FIRSTENERGY CORP 2000042820000428101451101440101440Ñ0 0001031296-00-000012 10-K/A 1 19991231 20000428 FIRSTENERGY CORP 0001031296 4911 341843785 OH 1231 10-K/A 34 333-21011 611696 76 SOUTH MAIN ST AKRON OH 44308-1890 3303845100 76 SOUTH MAIN ST AKRON OH 44308-1890 CLEVELAND ELECTRIC ILLUMINATING CO 0000020947 4911 340150020 OH 1231 10-K/A 34 001-02323 611697 76 SOUTH MAIN STREET C/O FIRSTENERGY CORP AKRON OH 44308 2166229800 OHIO EDISON CO 0000073960 4911 340437786 OH 1231 10-K/A 34 001-02578 611698 76 S MAIN ST AKRON OH 44308 2163845100 PENNSYLVANIA POWER CO 0000077278 4911 250718810 PA 1231 10-K/A 34 001-03491 611699 1 E WASHINGTON ST P O BOX 891 NEW CASTLE PA 16103-0891 4126525531 TOLEDO EDISON CO 0000352049 4911 344375005 OH 1231 10-K/A 34 001-03583 611700 76 SOUTH MAIN STREET AKRON OH 43308 2166229800 10-K/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K/A AMENDMENT NO. 1 (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 1999 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ----------- ----------- Commission Registrant; State of Incorporation; I.R.S. Employer File Number Address; and Telephone Number Identification No. ----------- ----------------------------------- ------------------ 333-21011 FIRSTENERGY CORP. 34-1843785 (An Ohio Corporation) 76 South Main Street Akron, OH 44308 Telephone (800)736-3402 1-2578 OHIO EDISON COMPANY 34-0437786 (An Ohio Corporation) 76 South Main Street Akron, OH 44308 Telephone (800)736-3402 1-2323 THE CLEVELAND ELECTRIC ILLUMINATING 34-0150020 COMPANY (An Ohio Corporation) c/o FirstEnergy Corp. 76 South Main Street Akron, OH 44308 Telephone (800)736-3402 1-3583 THE TOLEDO EDISON COMPANY 34-4375005 (An Ohio Corporation) c/o FirstEnergy Corp. 76 South Main Street Akron, OH 44308 Telephone (800)736-3402 1-3491 PENNSYLVANIA POWER COMPANY 25-0718810 (A Pennsylvania Corporation) 1 East Washington Street P. O. Box 891 New Castle, PA 16103 Telephone (412)652-5531 SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. (X) --- Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes (X) No ( ) --- --- State the aggregate market value of the voting stock held by non- affiliates of the registrant: $4,238,859,520 as of March 10, 2000. Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: OUTSTANDING CLASS AT MARCH 24, 2000 ----- ----------------- FirstEnergy Corp., $.10 par value 231,119,841 Ohio Edison Company, $9 par value 100 The Cleveland Electric Illuminating Company, no par value 79,590,689 The Toledo Edison Company, $5 par value 39,133,887 Pennsylvania Power Company, $30 par value 6,290,000 FirstEnergy Corp. is the sole holder of Ohio Edison Company, The Cleveland Electric Illuminating Company and The Toledo Edison Company common stock; Ohio Edison Company is the sole holder of Pennsylvania Power Company common stock. Documents incorporated by reference (to the extent indicated herein): PART OF FORM 10-K INTO WHICH DOCUMENT DOCUMENT IS INCORPORTED -------- ---------------------------- FirstEnergy Corp. Annual Report to Stockholders for the fiscal year ended December 31, 1999 (Pages 16-47) Part II Proxy Statement for 2000 Annual Meeting of Stockholders to be held April 27, 2000 Part III SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: Name of Each Exchange Registrant Title of Each Class on Which Registered ---------- -------------------------------- ----------------------- FirstEnergy Corp. Common Stock, $.10 par value New York Stock Exchange Ohio Edison Company Cumulative Preferred Stock, $100 par value 3.90% Series All series registered 4.40% Series on New York Stock 4.44% Series Exchange and Chicago 4.56% Series Stock Exchange Cumulative Preferred Stock, $25 par value 7.75% Series Registered on New York Stock Exchange and Chicago Stock Exchange The Cleveland Cumulative Serial Preferred Electric Stock, without par value: Illuminating $7.40 Series A All series registered Company $7.56 Series B on New York Stock Adjustable Rate, Series L Exchange Depository Shares: 1993 Series A, each New York Stock Exchange share representing 1/20 of a share of Serial Preferred Stock, $42.40 Series T (without par value) The Toledo Edison Cumulative Preferred Stock, par Company value $100 per share: 4-1/4% Series All series registered 8.32% Series on American Stock 7.76% Series Exchange 10% Series Cumulative Preferred Stock, par value $25 per share: 8.84% Series All series registered $2.365 Series on New York Stock Adjustable Rate, Series A Exchange Adjustable Rate, Series B First Mortgage Bonds: 8% Series due 2003 All series registered on New York Stock Exchange Pennsylvania Cumulative Preferred Stock, Power $100 par value: Company 4.24% Series All series registered 4.25% Series on Philadelphia Stock 4.64% Series Exchange, Inc. SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: (Cont'd) This combined Form 10-K is separately filed by FirstEnergy Corp., Ohio Edison Company, Pennsylvania Power Company, The Cleveland Electric Illuminating Company and The Toledo Edison Company. Information contained herein relating to any individual registrant is filed by such registrant on its own behalf. No registrant makes any representation as to information relating to any other registrant, except that information relating to any of the four FirstEnergy subsidiaries is also attributed to FirstEnergy. AMENDMENT NO. 1 The following item has been amended to update the Executive Officers section on pages 11-13 of Item 1 to include an officer not listed in the original filing: ITEM 1. BUSINESS Executive Officers The executive officers are elected at the annual organization meeting of the Board of Directors, held immediately after the annual meeting of stockholders, and hold office until the next such organization meeting, unless the Board of Directors shall otherwise determine, or unless a resignation is submitted. Position Held During Name Age Past Five Years Dates ---- --- ------------------------------------- ----------- H. P. Burg 53 Chairman of the Board and Chief Executive Officer 2000-present President and Chief Executive Officer 1999-2000 President and Chief Operating Officer 1998-1999 President and Chief Financial Officer 1997-1998 President, Chief Operating Officer and Chief Financial Officer-OE 1996-1997 Senior Vice President and Chief Financial Officer-OE *-1996 A. J. Alexander 48 President 2000-present Executive Vice President and General Counsel 1997-2000 Senior Vice President and General Counsel-OE *-1997 E. T. Carey 57 Vice President - Distribution 1997-present Vice President - Regional Operations and Customer Service-OE 1995-1997 Vice President - Marketing and Customer Service Support-OE *-1995 M. B. Carroll 48 Vice President - Corporate Affairs 1997-present Manager - Sandusky Area-OE *-1997 K. W. Dindo 50 Vice President - Energy Services 1998-present Vice President and Controller - Caliber System, Inc. *-1998 D. S. Elliott 45 Vice President - Sales and Marketing 1997-present Manager - FirstEnergy Services - OE 1997 Manager - Eastern Division - OE 1996-1997 Manager - Youngstown Division - OE *-1996 A. R. Garfield 61 Senior Vice President 2000-present Vice President - Business Development 1997-2000 Vice President - System Operations - OE *-1997 J. A. Gill 63 Senior Vice President - Administrative Services 1998-present Vice President - Administrative Services 1997-1998 Vice President - Administration - OE *-1997 K. J. Keough 40 Vice President - Business Planning & Ventures 1999-present Partner - McKinsey & Company 1995-1999 Associate - McKinsey & Company *-1995 R. H. Marsh 49 Vice President and Chief Financial Officer 1998-present Vice President - Finance 1997-1998 Treasurer - OE *-1997 G. L. Pipitone 50 Vice President - Fossil Production 1997-present Vice President - Generation and Transmission - OE 1996-1997 Manager - Akron Division - OE *-1996 S. F. Szwed 47 Vice President - Transmission 1997-present Vice President - Engineering & Planning - Centerior Service Company 1995-1997 Director - System Planning & Operations - Centerior Service Company *-1995 L. L. Vespoli 40 Vice President and General Counsel 2000-present Associate General Counsel 1997-2000 Senior Attorney - OE 1995-1997 Attorney - OE *-1995 N. C. Ashcom 52 Corporate Secretary 1997-present Secretary - OE *-1997 T. C. Navin 42 Treasurer 1998-present Assistant Treasurer 1998-1998 Director, Treasury Services 1998-1998 Director, Asset Strategy 1997-1998 Staff Business Analyst - OE 1997-1997 Senior Business Analyst - OE 1995-1997 Senior Planning Analyst - OE *-1995 H. L. Wagner 47 Controller 1997-present Comptroller - OE *-1997 Except for H. P. Burg, A. J. Alexander, M. B. Carroll, K. W. Dindo, D. S. Elliott and K. J. Keough, the officers above hold the same office for FirstEnergy, OE, CEI and TE. Except for R. Joseph Hrach holding the office of President and J. A. Gill and A. R. Garfield holding the offices of Vice President, and except for H. P. Burg, A. J. Alexander, M. B. Carroll, K. W. Dindo, D. S. Elliott and K. J. Keough, the officers above hold the same offices for Penn. * Indicates position held at least since January 1, 1995. At December 31, 1999, the Company's nonutility subsidiaries and the Companies had a total of 13,461 employees consisting of the following: Company - 1,942, OE - 1,839, CEI - 1,694, TE - 977, Penn - 895, FE Services - 409, FENOC - 2,278, FE Facilities - 3,383 and MARBEL - 44 employees. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. FIRSTENERGY CORP. BY /s/ H. Peter Burg ----------------------------- H. Peter Burg Chairman of the Board and Chief Executive Officer Date: April 27, 2000 Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated: /s/ H. Peter Burg /s/ Anthony J. Alexander ------------------------------------- ---------------------------------- H. Peter Burg Anthony J. Alexander Chairman of the Board President and Director and Chief Executive Officer and Director (Principal Executive Officer) /s/ Richard H. Marsh /s/ Harvey L. Wagner ------------------------------------- ---------------------------------- Richard H. Marsh Harvey L. Wagner Vice President and Controller Chief Financial Officer (Principal Accounting Officer) (Principal Financial Officer) /s/ Carol A. Carwright /s/ Glenn H. Meadows ------------------------------------- ---------------------------------- Carol A. Cartwright Glenn H. Meadows Director Director /s/ William F. Conway /s/ Paul J. Powers ------------------------------------- ---------------------------------- William F. Conway Paul J. Powers Director Director /s/ Robert B. Heisler, Jr. /s/ Robert C. Savage ------------------------------------- ---------------------------------- Robert B. Heisler, Jr. Robert C. Savage Director Director /s/ Robert L. Loughhead /s/ George M. Smart ------------------------------------- ---------------------------------- Robert L. Loughhead George M. Smart Director Director /s/ Russell W. Maier /s/ Jesse T. Williams, Sr. ------------------------------------- ---------------------------------- Russell W. Maier Jesse T. Williams, Sr. Director Director Date: April 27, 2000