First Energy names James Garanich VP Tax

FirstEnergy Corp. (FE) today announced that James G. Garanich will join the company as vice president, Tax, effective March 1, 2010. He will lead FirstEnergy's Tax Department, developing tax strategy and overseeing reporting, regulatory compliance and tax payments to more than 600 communities and government entities. He succeeds Gene Sitarz, who retired from FirstEnergy in November 2009 after 36 years with the company. Garanich is a tax partner with Ernst & Young LLP in Cincinnati, Ohio. 

Garanich joined Arthur Young and Company, a predecessor to Ernst & Young, in 1984. He received a bachelor of science degree from Bowling Green State University in 1981, and a Juris Doctor degree from Cleveland State University's Cleveland-Marshall College of Law in 1984. Garanich has been a Certified Public Accountant since 1987. 

"Jim's wealth of experience will be key to ensuring we maintain a solid tax strategy as the company completes the transition to fully competitive generation markets," said Mark T. Clark, FirstEnergy executive vice president and Chief Financial Officer. "We appreciate Gene's many years of counsel and dedicated service, and look forward to having Jim join our excellent Controller's group, led by Harvey Wagner."



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