Peter P. Sena III Elected President and Chief Nuclear Officer of
FirstEnergy Nuclear Operating Company
AKRON, Ohio, Nov. 26, 2012 /PRNewswire/ -- FirstEnergy Nuclear
Operating Company (FENOC), a subsidiary of Akron, Ohio-based FirstEnergy Corp. (NYSE:
FE), today announced that Peter P. Sena
III, currently president and chief operating officer, has
been elected president and chief nuclear officer of FENOC. In
his new position, Sena will provide overall guidance and strategy
to the FENOC nuclear fleet and interface with industry leadership
to drive high standards and best practices that enhance U.S.
nuclear industry performance.
In a related move, Sam Belcher is
joining FENOC as senior vice president, Operations, and chief
operating officer. Belcher, who will report to Sena, will
provide day-to-day leadership focused on safe and reliable
performance of FENOC's four nuclear units. Both changes are
effective December 10, 2012.
"As we continue to focus on achieving top industry performance,
strong nuclear leadership with a focus on safety and excellence is
critical to our success," said James H.
Lash, FirstEnergy Generation president. "With solid
management expertise and technical knowledge, Pete has been an
instrumental leader in our organization. Together with Sam,
who brings a strong operational background to the team, I am
confident the team will continue to drive improvement and
excellence within our fleet."
Sena joined the company in 1996 as an assistant shift supervisor
at the Beaver Valley Nuclear Power Station in Shippingport, PA. After serving on
special assignment with the Institute of Nuclear Power Operations
(INPO), he held a number of progressively responsible leadership
positions at Beaver Valley in
Operations and Engineering before being promoted to Beaver Valley site vice president in
2007. Sena was promoted to senior vice president, FENOC
Operations in 2010. He was named to his current position of
president and chief operating officer in 2011.
Prior to joining the company, Sena was employed by the United
States Nuclear Regulatory Commission as a resident inspector.
In addition, from 1985 to 1990, he was an officer in the United States Navy, serving with the
nuclear submarine fleet.
Sena earned a bachelor of science degree in fuel science from
The Pennsylvania State University. He is a graduate of the
INPO senior nuclear plant manager course. In addition, he
held a Senior Reactor Operator license for both Beaver Valley Unit
1 and Unit 2.
A 21-year nuclear veteran, Belcher joins FENOC from
Constellation Energy Nuclear Group, where he most recently served
as senior vice president, Site Operations. He has also held
the positions of site vice president and plant general manager at
Constellation's Nine Mile Point Nuclear Station. Prior to
Constellation, Belcher served as director of Fleet Operations at
FENOC and held a number of leadership positions in Operations with
Entergy Northwest and Entergy Nuclear.
Belcher attained a bachelor of science degree in Engineering
from Arkansas Tech University and is a
licensed professional engineer. He also held a Senior Reactor
Operator license for the River Bend Station.
FirstEnergy is a diversified energy company headquartered in
Akron, Ohio. Its FENOC
subsidiary operates the Beaver Valley Power Station in Shippingport, Pa.; the Perry Nuclear Power
Plant in Perry, Ohio; and the
Davis-Besse Nuclear Power Station in Oak
Harbor, Ohio.
Forward-Looking Statements: This news release includes
forward-looking statements based on information currently available
to management. Such statements are subject to certain risks and
uncertainties. These statements include declarations regarding
management's intents, beliefs and current expectations. These
statements typically contain, but are not limited to, the terms
"anticipate," "potential," "expect," "believe," "estimate" and
similar words. Forward-looking statements involve estimates,
assumptions, known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Actual results may differ materially due to: the speed
and nature of increased competition in the electric utility
industry, the impact of the regulatory process on the pending
matters before FERC and in the various states in which we do
business including, but not limited to, matters related to rates,
the uncertainties of various cost recovery and cost allocation
issues resulting from ATSI's realignment into PJM, economic or
weather conditions affecting future sales and margins, changing
energy, capacity and commodity market prices and availability,
financial derivative reforms that could increase our liquidity
needs and collateral costs, the continued ability of our regulated
utilities to collect transition and other costs, operation and
maintenance costs being higher than anticipated, other legislative
and regulatory changes, and revised environmental requirements,
including possible GHG emission, water intake and coal combustion
residual regulations, the potential impacts of CAIR, and any laws,
rules or regulations that ultimately replace CAIR, and the effects
of the EPA's MATS rules, the uncertainty of the timing and amounts
of the capital expenditures that may arise in connection with any
litigation, including NSR litigation or potential regulatory
initiatives or rulemakings (including that such expenditures could
result in our decision to deactivate or idle certain generating
units), the uncertainties associated with our plans to deactivate
our older unscrubbed regulated and competitive fossil units and our
plans to change the operations of certain fossil plants, including
the impact on vendor commitments, and the timing of those
deactivations and operational changes as they relate to, among
other things, the RMR arrangements and the reliability of the
transmission grid, issues that could result from the NRC's review
of the indications of cracking in the Davis Besse Plant shield
building, adverse regulatory or legal decisions and outcomes with
respect to our nuclear operations (including, but not limited to
the revocation or non-renewal of necessary licenses, approvals or
operating permits by the NRC or as a result of the incident at
Japan's Fukushima Daiichi Nuclear
Plant), adverse legal decisions and outcomes related to ME's and
PN's ability to recover certain transmission costs through their
transmission service charge riders, the continuing availability of
generating units, changes in their operational status and any
related impacts on vendor commitments, replacement power costs
being higher than anticipated or inadequately hedged, the ability
to comply with applicable state and federal reliability standards
and energy efficiency mandates, changes in customers' demand for
power, including but not limited to, changes resulting from the
implementation of state and federal energy efficiency mandates, the
ability to accomplish or realize anticipated benefits from
strategic goals, our ability to improve electric commodity margins
and the impact of, among other factors, the increased cost of fuel
and fuel transportation on such margins, the ability to experience
growth in the Regulated Distribution and Competitive Energy
Services segments, changing market conditions that could affect the
measurement of liabilities and the value of assets held in our
NDTs, pension trusts and other trust funds, and cause us and our
subsidiaries to make additional contributions sooner, or in amounts
that are larger than currently anticipated, the impact of changes
to material accounting policies, the ability to access the public
securities and other capital and credit markets in accordance with
our financing plans, the cost of such capital and overall condition
of the capital and credit markets affecting us and our
subsidiaries, changes in general economic conditions affecting us
and our subsidiaries, interest rates and any actions taken by
credit rating agencies that could negatively affect us and our
subsidiaries' access to financing, increased costs thereof, and
increase requirements to post additional collateral to support
outstanding commodity positions, LOCs and other financial
guarantees, the state of the national and regional economy and its
impact on our major industrial and commercial customers, issues
concerning the soundness of domestic and foreign financial
institutions and counterparties with which we do business, the
risks and other factors discussed from time to time in our SEC
filings, and other similar factors. Dividends declared from time to
time on FE's common stock during any annual period may in the
aggregate vary from the indicated amount due to circumstances
considered by FE's Board of Directors at the time of the actual
declarations. A security rating is not a recommendation to buy or
hold securities and is subject to revision or withdrawal at any
time by the assigning rating agency. Each rating should be
evaluated independently of any other rating. The foregoing review
of factors should not be construed as exhaustive. New factors
emerge from time to time, and it is not possible for management to
predict all such factors, nor assess the impact of any such factor
on FirstEnergy's business or the extent to which any factor, or
combination of factors, may cause results to differ materially from
those contained in any forward-looking
statements. FirstEnergy expressly disclaims any current
intention to update, except as required by law, any forward-looking
statements contained herein as a result of new information, future
events or otherwise.
www.firstenergycorp.com
SOURCE FirstEnergy Corp.