Director, Joint Ventures

Overview

We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.

First Energy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, First Energy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.

This is an open position with First Energy Service Company, a subsidiary of First Energy Corp.

This is a full-time, on-site position located in Akron, OH.

First Energy Transmission’s Director, Joint Ventures is responsible for leading the operational, financial, regulatory, and governance management of First Energy’s interests in electric transmission joint ventures and partnerships. This role is responsible for stewarding the company’s investment in assigned partnerships by ensuring strong financial and operational performance as well as transparent communication among owners and external stakeholders. This position is also responsible for facilitating alignment among First Energy senior leadership, JV board of managers, and JV officers in addition to coordinating with cross-functional teams in matrix organizations to effectively accomplish shared objectives.

The director oversees overall JV business planning and performance and manages a team to ensure compliance with governance agreements, regulatory obligations, operational standards, and financial expectations.

Strategic Leadership & Alignment

• Translate enterprise transmission strategy into specific, measurable, and actionable plans for joint-venture entities.
• Ensure activities, investments, and performance objectives for established joint ventures and partnerships align with parent company expectations and regulatory frameworks.
• Support senior leadership by developing strategic recommendations on JV structure, growth opportunities, and long-term portfolio positioning.
• Monitor industry, regulatory, and market developments to identify emerging risks and opportunities relevant to JV operations and competitive transmission development.

Governance Management & Board Support

• Serve as the primary coordinator for all JV governance requirements, ensuring adherence to operating agreements, policies, and corporate standards.
• Prepare, review, and deliver Board and committee materials for JV entities, including financial updates, project status, risk summaries, and strategic discussions.
• Support effective Board meetings by ensuring timely communication, clarity of decision requests, and accurate documentation.

Owner & Stakeholder Relationships

• Build and maintain trust-based relationships with JV owners, representing the company as a credible and responsive business partner.
• Facilitate alignment across owners with differing priorities or perspectives while protecting organizational interests and ensuring JV effectiveness.
• Engage owners on topics such as strategic direction, regulatory impacts, financial performance, and risk considerations.
• Serve as a liaison between internal senior leadership and JV partners.

Financial Oversight & Business Planning

• Lead financial planning, forecasting, and performance tracking for JV entities, ensuring accuracy, transparency, and timely reporting.
• Assess financial health of JV portfolios, recommend capital allocation strategies, and support cost recovery processes.
• Coordinate with regulatory, finance, and accounting teams to ensure compliance with rate structures, cost allocation, and regulatory filings.
• Support JV investment evaluations, including project economics, risk assessments, and funding strategies.

Project Performance & Operational Coordination

• Work across disciplines to plan activities and resolve issues impacting JV operations, whether financial, regulatory, operational, or compliance-related.
• Identify and lead organizational change management activities as needed to successfully integrate JV…