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
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
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SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
None
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
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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
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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.
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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
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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
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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
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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
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