Parent Of Broker Ends Stadium Naming Rights Agreement With Cleveland Browns
April 13, 2023 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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FirstEnergy Corp. and the Cleveland Browns today announced that, "they have reached an amicable decision to end their stadium naming rights agreement," as stated in a news release from FirstEnergy Corp.
Terms and conditions of the agreement were not disclosed.
"Since we signed this agreement 10 years ago, our priorities have shifted as the company evolved from a competitive energy supplier to a fully regulated utility, and as a result, our corporate initiatives must also evolve," said John Somerhalder, FirstEnergy Corp. interim president and CEO.
FirstEnergy Corp. is also the parent of broker Suvon, LLC, d/b/a FirstEnergy Advisors