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A few months later, he was appointed president of NEER and in 2006 assumed the role of president and chief operating officer, NextEra Energy. Last updated: 1 February 2023 at 11:00am EST. On a total shareholder return basis, NextEra Energy has delivered a more than 500% gain since Mr. Robo assumed the CEO role in July 2012, outperforming all of the companies in the S&P 500 Utilities Index and more than 78% of the companies in the S&P 500 Index. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Mathematician and author Hannah Fry investigates patterns in human behavior, AI and the creative ideas behind the organizations and pioneers transforming society. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, electric transmission facilities, and battery storage projects; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. Working closely with Jim, the board identified John as his successor and will ensure a structured leadership succession process that fully supports our shareholders, employees and customers. There are 3 executives at NextEra Inc getting paid more, with James Robo having the highest compensation of $21,877,600. President and Chief Executive OfficerNextEra Energy Resources, LLC. Ketchum's base salary from NextEra Energy will be $1.5 million with an annual incentive target equal to 150% of base salary, plus a 2022 equity compensation award worth up to $8.75 million. Revenue rose to $5.05 billion from just under $4.4 billion. Last updated: 23 February 2023 at 5:40pm EST. Ms. Kujawa joined NextEra Energy in 2007 in NextEra Energy Marketing and has held various business and finance roles. During her tenure with GE, she held leadership positions in customer service, operations, manufacturing, Six Sigma and project management with GE Capital and Aircraft Engines. Armando Pimentel is president and chief executive officer (CEO) of Florida Power & Light Company (FPL), a subsidiary of NextEra Energy, Inc., and the largest investor-owned electric utility in the nation. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. "Over the last two decades, I've had the privilege of working closely with and learning from Jim as he led NextEra Energy through a period of unprecedented growth. He has served as president and CEO of NextEra Energy Resources, a competitive clean energy supplier and the worlds largest generator of renewable energy from the wind and sun and a world leader in battery storage. This information is according to proxy statements filed for the 2021 fiscal year. Mr. Reagan was named to this position in January 2020. Sign up to receive press release email alerts. Ketchum also has served in a variety of leadership roles within NextEra Energy Resources, including senior vice president, business management and finance, with responsibility for the CFO organization and the financial performance of the generation portfolio. The new adjusted earnings per share expectations for 2024 are $3.13 to $3.33, and for 2025 are $3.35 to $3.60. You can see the complete history of Mr. Ketchum stock trades at the bottom of the page. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. NextEra Energy names John Ketchum president and CEO; Jim Robo to become executive chairman as part of a planned leadership succession process, For further information: NextEra Energy, Inc, Media Line, 561-694-4442, NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities, Leveraging technology in times of need, an employee story. John is a talented and experienced leader who has worked across NextEra Energy since joining our company nearly two decades ago, and we know that he is ready to be CEO. sustainable energy company. NextEra Energy, Inc. | Leadership Our Leadership At NextEra Energy, we're committed to our core values of being committed to excellence, doing the right thing and treating people with respect. Over the last 13 years, insiders at NextEra Inc have traded over $252,501,594 worth of NextEra Inc stock and bought 170,345 units worth $14,753,931 Mr. Ketchum holds a Master of Laws degree in taxation and a Juris Doctor from the University of Missouri Kansas City School of Law, where he was managing editor of the Law Review and received the Charles E. Whittaker Award for Academic Excellence and the Wilbur L. Pollard Law Review Honor Award as the Law Review's top contributor. Ketchum's roles at the company include chief financial officer for three years. Track your investments 24 hours a day, around the clock from around the world. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Under Jim's stewardship, NextEra Energy has been transformed into a world leader in clean energy and the world's largest electric company by market capitalization. Rebecca Kujawa . She earned a Bachelor of Arts degree in public policy studies fromDuke Universityand serves on the board of Nuclear Electric Insurance Limited. There are 24 older and 7 younger executives at NextEra. John Ketchum is chairman, president and chief executive officer (CEO) of NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. SOURCE NextEra Energy Resources; NextEra Energy, Inc. For further information: NextEra Energy Resources, LLC, Media.relations@nexteraenergy.com, Media Line: (561) 694-4442 Mr. Ketchum owns over 12,909 units of NextEra Inc stock worth over $9,690,630 and over the last 6 years he sold NEE stock worth over $9,924,281. NextEra Energy, Inc. is a leading clean energy company headquartered in Juno Beach, Florida. Ms. Kujawa joined NextEra Energy 15 years agoin NextEra Energy Marketing and has held key roles throughout the enterprise, serving as director of investor relations for NextEra Energy and as vice president of business management for the midwest and international region for NEER. effective March 01, 2019. and he will be appointing as President and Chief Executive Officer of NextEra Energy Resources of the company, Effective March 01, 2019. He is the head of the corporate legal department, with responsibility for the legal affairs of the company. Prior to joining the company, Ketchum served as corporate counsel to TECO Energy and as a corporate and securities law associate forHolland& Knight, LLP inTampa, Fla.He began his career as a tax lawyer for Lathrop & Gage inKansas City, Mo., and, prior to that, worked in corporate banking. The move is part of a planned leadership succession process, the company said. His vision has helped craft a strategic and operational runway for NextEra Energy to lead America's energy transformation, and he has the complete endorsement and support of the board of directors. She also served as NextEra Energys vice president of integrated supply chain where she was responsible for sourcing and logistics for more than $5 billion in goods and services annually. Mr. Sieving received his Juris Doctor from the University of Cincinnati College of Law, where he was Publications Editor of the Cincinnati Law Review, and received his Bachelor of Arts degree from Denison University. The first utility-scale facilities to co-locate wind, solar and battery storage in North America makes the clean energy future a reality. I couldn't be more thrilled about turning over the CEO role of this great company to John. Ms. Kujawa is also president and a member of the board of directors of NextEra Energy Partners, LP, a growth-oriented limited partnership formed by NextEra Energy (NYSE: NEE) to acquire, manage and own contracted clean energy projects. NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. ", Ms. Barrat continued, "CEO succession is a critical process in any company, and our board approached this change of leadership in a very diligent manner. NextEra Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. The most active insiders traders include Kirk S Hachigian, James L Robo, and David L Porges. Receive SEC filings, Events, Press Releases and Stock Price Alerts. NextEra Energy, Inc. is a leading clean energy company headquartered in Juno Beach, Florida. The most recent stock trade was executed by Armando Jr Pimentel on 21 February 2023, trading 13,200 units of NEE stock currently worth $995,808. The information shown here is a reporting of information included in the company's proxy statement. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. From 1996 to 1998, Mr. Pimentel worked in the Office of the Chief Accountant of the U.S. Securities and Exchange Commission as a professional accounting fellow. He has also served as chairman of NextEra Energy's subsidiary, Florida Power & Light Company (which has no publicly traded stock), since February 2023. He also led Deloittes power and utilities business segment. NextEra Energy owns Florida Power & Light Company, which is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold, and serves more than 5.6 million customer accounts, supporting more than 11 million residents across Florida with clean, reliable and affordable electricity. He became president and CEO, NextEra Energy, in July 2012 and chairman of the board of directors in December 2013. The most recent stock trade was executed by Armando Jr Pimentel on 21 February 2023, trading 13,200 units of NEE stock currently worth $995,808. He holds a Bachelor of Science degree in Nuclear Engineering Technology from Thomas Edison State College, a Masters of Business Administration from Regis University and a Doctorate of Management in Organizational Leadership from the University of Phoenix. NextEra Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Mr. Ketchum joined NextEra Energy in 2002 and has a diverse business, finance and legal background with a broad range of experiences across key executive roles and NextEra Energy, NextEra Energy Resources and NextEra Energy Partners, LP (NEP). Jessica Geoffroy - Director of Investor Relations. Of this total $1,400,000 was received as a salary, $1,960,000 was received as a bonus, $983,999 was received in stock options, $10,517,014 was awarded as stock and $225,121 came from other types of compensation. Should we cut my sister out of the family inheritance? Visit a quote page and your recently viewed tickers will be displayed here. NextEra Energy names John Ketchum president and CEO, Jim Robo to become . He has led FPL to become what we believe is the best utility in America and has led NEER to become the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. NextEra Energy Inc. As of 1 July 2022 he still owns at least 132,894 units of NextEra Inc stock. Mr. Sieving also is general counsel of NextEra Energy Partners, LP (NYSE: NEP), a growth-oriented limited partnership formed by NextEra Energy, Inc. to acquire, manage and own contracted clean energy projects with stable, long-term cash flows. She serves on the boards for the HR Policy Association, the Health Transformation Alliance, the Center for Energy Workforce Development, the Association to Advance Collegiate Schools of Business, the Urban League-Palm Beach County and the American Heart Association-Palm Beach County. In addition, he held the positions of general counsel and corporate secretary for NextEra Energy Resources. . Mr. Pimentel holds a Bachelor of Science degree in accounting from Florida State University. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. serves as President and Chief Executive Officer of NextEra Energy Resources of the Company. His previous roles at NextEra Energy Partners include president and chief financial officer. What's next for bonds in 2023 after the worst year in history, Laid-off Meta cafeteria workers ask for the same severance as the companys employees. NextEra Energy owns Florida Power & Light Company, which is the largestvertically integratedrate-regulated electric utility in the United States as measured by retail electricity produced and sold, and serves more than 5.6 million customer accounts, supporting more than 11 million residents across Florida with clean, reliable and affordable electricity. He has also served as chairman of NextEra Energy's subsidiary, Florida Power & Light Company (which has no publicly traded stock), since February 2023. Executive Vice PresidentFinance and Chief Financial OfficerNextEra Energy, Inc. Kirk Crews is executive vice president, finance and chief financial officer (CFO) for NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. Over the last 10 years under Mr. Robo's oversight, NextEra Energy has risen to become one of America's Top-5 infrastructure investors through its more than $110 billion of capital deployment and the leading clean energy company in the world. He was named president and CEO in March 2022 and became chairman of the board of directors in July 2022. Mr. Reagan has also served as NextEra Energys vice president of engineering & construction, vice president of integrated supply chain and vice president of procurement and materials management. Ron Reagan is executive vice president of engineering & construction and integrated supply chain for NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. These risks and uncertainties include, but are not limited to, those discussed in this news release and the following: effects of extensive regulation of NextEra Energy's and FPL's business operations; inability of NextEra Energy and FPL to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise; impact of political, regulatory and economic factors on regulatory decisions important to NextEra Energy and FPL; disallowance of cost recovery by FPL based on a finding of imprudent use of derivative instruments; effect of any reductions or modifications to, or elimination of, governmental incentives or policies that support utility scale renewable energy projects of NextEra Energy Resources, LLC and its affiliated entities (NextEra Energy Resources) or the imposition of additional tax laws, policies or assessments on renewable energy; impact of new or revised laws, regulations, interpretations or ballot or regulatory initiatives on NextEra Energy and FPL; capital expenditures, increased operating costs and various liabilities attributable to environmental laws, regulations and other standards applicable to NextEra Energy and FPL; effects on NextEra Energy and FPL of federal or state laws or regulations mandating new or additional limits on the production of greenhouse gas emissions; exposure of NextEra Energy and FPL to significant and increasing compliance costs and substantial monetary penalties and other sanctions as a result of extensive federal regulation of their operations and businesses; effect on NextEra Energy and FPL of changes in tax laws, guidance or policies as well as in judgments and estimates used to determine tax-related asset and liability amounts; impact on NextEra Energy and FPL of adverse results of litigation; effect on NextEra Energy and FPL of failure to proceed with projects under development or inability to complete the construction of (or capital improvements to) electric generation, transmission and distribution facilities, gas infrastructure facilities or other facilities on schedule or within budget; impact on development and operating activities of NextEra Energy and FPL resulting from risks related to project siting, financing, construction, permitting, governmental approvals and the negotiation of project development agreements; risks involved in the operation and maintenance of electric generation, transmission and distribution facilities, gas infrastructure facilities, retail gas distribution system in Florida and other facilities; effect on NextEra Energy and FPL of a lack of growth or slower growth in the number of customers or in customer usage; impact on NextEra Energy and FPL of severe weather and other weather conditions; threats of terrorism and catastrophic events that could result from terrorism, cyberattacks or other attempts to disrupt NextEra Energy's and FPL's business or the businesses of third parties; inability to obtain adequate insurance coverage for protection of NextEra Energy and FPL against significant losses and risk that insurance coverage does not provide protection against all significant losses; a prolonged period of low gas and oil prices could impact NextEra Energy Resources' gas infrastructure business and cause NextEra Energy Resources to delay or cancel certain gas infrastructure projects and could result in certain projects becoming impaired; risk to NextEra Energy Resources of increased operating costs resulting from unfavorable supply costs necessary to provide NextEra Energy Resources' full energy and capacity requirement services; inability or failure by NextEra Energy Resources to manage properly or hedge effectively the commodity risk within its portfolio; effect of reductions in the liquidity of energy markets on NextEra Energy's ability to manage operational risks; effectiveness of NextEra Energy's and FPL's risk management tools associated with their hedging and trading procedures to protect against significant losses, including the effect of unforeseen price variances from historical behavior; impact of unavailability or disruption of power transmission or commodity transportation facilities on sale and delivery of power or natural gas by NextEra Energy, including FPL; exposure of NextEra Energy and FPL to credit and performance risk from customers, hedging counterparties and vendors; failure of NextEra Energy or FPL counterparties to perform under derivative contracts or of requirement for NextEra Energy or FPL to post margin cash collateral under derivative contracts; failure or breach of NextEra Energy's or FPL's information technology systems; risks to NextEra Energy and FPL's retail businesses from compromise of sensitive customer data; losses from volatility in the market values of derivative instruments and limited liquidity in OTC markets; impact of negative publicity; inability of FPL to maintain, negotiate or renegotiate acceptable franchise agreements with municipalities and counties in Florida; occurrence of work strikes or stoppages and increasing personnel costs; NextEra Energy's ability to successfully identify, complete and integrate acquisitions, including the effect of increased competition for acquisitions; environmental, health and financial risks associated with NextEra Energy Resources' and FPL's ownership and operation of nuclear generation facilities; liability of NextEra Energy and FPL for significant retrospective assessments and/or retrospective insurance premiums in the event of an incident at certain nuclear generation facilities; increased operating and capital expenditures and/or reduced revenues at nuclear generation facilities of NextEra Energy or FPL resulting from orders or new regulations of the Nuclear Regulatory Commission; inability to operate any of NextEra Energy Resources' or FPL's owned nuclear generation units through the end of their respective operating licenses; effect of disruptions, uncertainty or volatility in the credit and capital markets or actions by third parties in connection with project-specific or other financing arrangements on NextEra Energy's and FPL's ability to fund their liquidity and capital needs and meet their growth objectives; inability of NextEra Energy, FPL and NextEra Energy Capital Holdings, Inc. to maintain their current credit ratings; impairment of NextEra Energy's and FPL's liquidity from inability of credit providers to fund their credit commitments or to maintain their current credit ratings; poor market performance and other economic factors that could affect NextEra Energy's defined benefit pension plan's funded status; poor market performance and other risks to the asset values of NextEra Energy's and FPL's nuclear decommissioning funds; changes in market value and other risks to certain of NextEra Energy's investments; effect of inability of NextEra Energy subsidiaries to pay upstream dividends or repay funds to NextEra Energy or of NextEra Energy's performance under guarantees of subsidiary obligations on NextEra Energy's ability to meet its financial obligations and to pay dividends on its common stock; the fact that the amount and timing of dividends payable on NextEra Energy's common stock, as well as the dividend policy approved by NextEra Energy's board of directors from time to time, and changes to that policy, are within the sole discretion of NextEra Energy's board of directors and, if declared and paid, dividends may be in amounts that are less than might be expected by shareholders; NEP's inability to access sources of capital on commercially reasonable terms could have an effect on its ability to consummate future acquisitions and on the value of NextEra Energy's limited partner interest in NextEra Energy Operating Partners, LP; effects of disruptions, uncertainty or volatility in the credit and capital markets on the market price of NextEra Energy's common stock; and the ultimate severity and duration of public health crises, epidemics and pandemics, including the coronavirus pandemic, and its effects on NextEra Energy's or FPL's businesses. 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