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Senior Blackstone exec appointed CEO at FirstEnergy

Brian Tierney, global head of portfolio operations and asset management at Blackstone, is leaving the firm to take up the role of president and chief executive officer at electricity supply, distribution and generation company FirstEnergy Corp.

Tierney, who will join FirstEnergy on 1 June, is the company’s first permanent CEO since the retirement of Steven Strah in September last year. He succeeds interim CEO John Somerhalder II, who will continue to serve as the US utility firm’s chairman. 

Tierney has previous experience in the energy sector having served as the finance chief of American Electric Power Co Inc, prior to joining Blackstone.
 

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