Question
Ohio utility FirstEnergy fired its CEO in 2020 after an internal review related to government investigations of the company's potential role in an alleged ethical
Ohio utility FirstEnergy fired its CEO in 2020 after an internal review related to government investigations of the company's potential role in an alleged ethical scandal. The company said it was terminating CEO Charles Jones, effective immediately, as well as Dennis Chack, its Sr. VP of product development, marketing, and branding, and Michael Dowling, its Sr. VP of external affairs. It said it had determined that the executives violated "certain FirstEnergy policies and its code of conduct." It provided no additional details. The firing comes three months after then-Ohio House Speaker Larry Householder and several associates were arrested and charged with racketeering for allegedly taking $60 million in bribes to champion legislation to bail out troubled nuclear power plants. Mr. Householder has pleaded not guilty.
What ethical issue/dilemma did the CEO of FirstEnergy violate based on the situation above?
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