As of 8:04 PM 06/17/13 All times are local (Market data is delayed by at least 15 minutes).
Executive Profile*
| Age | Total Calculated Compensation | This person is connected to 11 board members in 9 different organizations across 10 different industries.
See Board Relationships |
| 61 | $5,612,911
As of Fiscal Year 2012 |
Background*
Mr. Mark Tanner Clark has been the Chief Financial Officer and Executive Vice President of Cleveland Electric Illuminating Company and Toledo Edison Company since 2009. Mr. Clark has been Executive Vice President of Finance & Strategy of Ohio Edison Company since 2013. He has been an Executive Vice President of Finance and Strategy at FirstEnergy Corp. and FirstEnergy Solutions Corp., since January 01, 2013. Mr. Clark joined FirstEnergy in 1976 and held a number of positions ... in financial and operating areas, including Executive Vice President and Chief Financial Officer; Executive Vice President, Strategic Planning and Operations; Managing Director of Corporate Development; and Treasurer. Mr. Clark has been the Chief Financial Officer and Executive Vice President of Pennsylvania Electric Company since 2008. He served as an Executive Vice President of Strategic Planning and Operations of Cleveland Electric Illuminating Company since 2008. Mr. Clark has been the Chief Financial Officer and Executive Vice President of Allegheny Energy Inc. since February 25, 2011. He serves as the Chief Financial Officer and Executive Vice President of Firstenergy Generation Corp. Mr. Clark has been the Chief Financial Officer and Executive Vice President of Metropolitan Edison Company since 2009. He served as the Chief Financial Officer and Executive Vice President of FirstEnergy Solutions Corp. from 2009 to 2012. Mr. Clark served as an Executive Vice President and Chief Financial Officer of FirstEnergy Corp. since May 1, 2009. Mr. Clark served as a Senior Vice President of Strategic Planning and Operations of Cleveland Electric Illuminating Co. from 2004 to 2008. He served as a Senior Vice President of Strategic Planning and Operations of Ohio Edison Company since 2004. Mr. Clark served as an Executive Vice President of Strategic Planning & Operations of FirstEnergy Corp. from March 2, 2008 to May 1, 2009. He served as a Senior Vice President of Strategic Planning and Operations of FirstEnergy Corp., and of Metropolitan Edison Co. from 2004 to March 2008. Mr. Clark served as a Senior Vice President of FirstEnergy Corp. since February 8, 2004. He served as Senior Vice President of First Energy Services Company until March 2008. Mr. Clark served as a Vice President of Business Development of Cleveland Electric Illuminating Co. from January 1, 2001 to 2004. He served as Vice President of Business Development of Metropolitan Edison Co. from January 1, 2001 to 2004 and Managing Director of its Business Development until 2000. Mr. Clark serves as the Chairman of First Communications, LLC. He is on the Ohio Governor's Council of Economic Advisors, the Akron/Canton Airport Authority, the Board of Directors of the Akron General Health System, and The University of Akron National Alumni and Foundation Board. Mr. Clark has been a Director at Allegheny Energy Inc. since February 25, 2011. He is the Chairman of Canal Pointe Capital LLC. As the Chairman of Canal Pointe, he is responsible for leading the firm’s strategic planning efforts, developing and maintaining relationships with limited partners and investment intermediaries, and overseeing the firm’s fundraising activities. He serves as a Director of Ohio Edison Company, Metropolitan Edison Company, FirstEnergy Solutions Corp. and Toledo Edison Company. Mr. Clark serves as a Director of Pennsylvania Electric Company. He serves as a Director of Cleveland Electric Illuminating Company. Mr. Clark is on the Board of First Tee Akron, is on the Champions Council for the Bridgestone World Series of Golf. He was the President of Portage Country Club and is Board Member of the Akron Area Automobile Association and YMCA Foundation. His past Board affiliations include Child Guidance and Family Solutions (formerly Akron Child Guidance), the Better Business Bureau, YMCA, and Junior Achievement. Mr. Clark has been honored with the Dr. Frank L. Simonetti Distinguished Business Alumni Award and Distinguished Alumnus Award from The University of Akron. He also completed the Program for Management Development at the Harvard Graduate School of Business. Mr. Clark graduated from The Ohio State University with a B.S. in 1973 and earned a M.B.A. from The University of Akron in 1978. He completed the Program for Management Development at the Harvard Graduate School of Business in 1985.
Corporate Headquarters*
76 South Main Street
Akron, Ohio 44308
United States
Phone: 800-736-3402
Fax: 330-384-3866
Board Members Memberships*
Executive Vice President of Finance & Strategy and Director Chief Financial Officer, Executive Vice President and Director Chief Financial Officer, Executive Vice President and Director Chief Financial Officer, Executive Vice President and Director Chief Financial Officer, Executive Vice President and Director Executive Vice President of Finance & Strategy and Director Chairman Chairman 2011-Present Chief Financial Officer, Executive Vice President and Director
Education*
BS 1973 The Ohio State University Unknown/Other Education 1985 Harvard Business School MBA 1978 University of Akron
Other Affiliations*
|
Annual Compensation*
| Salary | $724,423 | | Total Annual Compensation | $724,423 |
Stock Options*
| Restricted Stock Awards | $2,182,987 | | All Other Compensation | $8,025 | | Exercisable Options | 100,322 | | Exercisable Options Value | $402,291 | | Total Value of Options | $402,291 | | Total Number of Options | 100,322 |
Total Compensation*
| Total Annual Cash Compensation | $1,192,671 | | Total Short Term Compensation | $724,423 | | Other Long Term Compensation | $2,191,012 | | Total Calculated Compensation | $5,612,911 |
|
*Data is at least as current as the most recent Definitive Proxy.
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COMPETITOR COMPENSATION
| Name | Position/
Company | Compensation |
| Nicholas K. Akins | Chief Executive Officer, President, Director, Member of Executive Committee and Member of Policy Committee
American Electric Power Co., Inc. | $903.5K |
| Anthony F. Earley Jr. | Chairman, Chief Executive Officer, President and Chairman of Executive Committee
PG&E Corp. | $1.3M |
| William H. Spence | Chairman, Chief Executive Officer, President and Chairman of Executive Committee
PPL Corporation | $1.0M |
| Kevin Burke | Chairman, Chief Executive Officer, President, Chairman of Executive Committee, Chairman of Con Edison for New York and Chief Executive Officer of Consolidated Edison Company for New York
Consolidated Edison Inc. | $1.5M |
| Theodore F. Craver Jr. | Chairman, Chief Executive Officer and President
Edison International | $1.2M |
Compensation as of Fiscal Year 2012. |
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