For example, Richard Alexander, who lives in Cullman, Ala., and not only chairs Grow United, he also has been tied to groups that were created to promote the agenda of Floridas powerful sugar and electric utilities industries, according to the Orlando Sentinel. Eric Silagy, the president and CEO of Florida Power & Light along with Gera Peoples, the vice president and chief litigation counsel for NextEra Energy and David Firm working for FPL took control of news site, let execs influence President and Chief Executive Officer of Florida Power and Light Company. Eric Silagy, chairman, president and CEO of Florida Power & Light and a prominent figure in state political and business circles, will step down next month as head I wish Eric and his family all the best on this next chapter in life.". He is a good friend and colleague who I've worked closely with for many years and I am delighted that he will be rejoining our team. If we need to interact with you or enter your home or business for an emergency, we will be practicing social distancing for your safety and the safety of our employees. To ensure you have the best experience and receive the correct Mr. Silagy was senior vice president, regulatory and state governmental affairs of FPL from May 2010 to December 2011 and vice president and chief development officer of FPL from July 2008 to May 2010. I know the last couple of months have not been easy and the weeks and months ahead will present many challenges, but I remain confident that we will overcome COVID-19 together and be stronger for it. Unlike the contracts for lower-level employee compensation, contracts for executive compensation tend to have an explicit breakdown of their pay package, including: What is provided in disclosures from public companies? During his career at Deloitte, Mr. Crews primarily served clients in the financial services and energy industries. Copyright 2023, Florida Power & Light Company. Mr. Pimentel currently serves on the board of Ameriprise Financial, Inc. Mr. Pimentel will officially take up his new role at FPL on Feb. 15, 2023, after which he and Mr. Silagy will work closely together to ensure a smooth transition of responsibilities. At the end of the earnings call, Robo announced he will be retiring from his position on March 1 and John Ketchum, currently president and CEO of NextEra Energy Resources, will succeed him. Mr. Ketchum joined NextEra Energy in 2002. "Eric is a passionate advocate for continuous improvement, and under his leadership FPL has transformed into the nation's largest electric utility, providing our customers with the country's most reliable service with bills significantly lower than the national average, Ketchum said in a prepared statement. The announcement did not detail the reasons for Silagys retirement. Clarification: This story was updated on Jan. 27, 2022, to reflect that the Jacksonville job was arranged by consultants for FPL, not directly by the company. Executive Vice President Corporate Development, Strategy, Qualityand Integration. Be aware of scammers:Scammers continue to target FPL customers, threatening disconnection of service and asking for immediate payment over the phone. The company says the move was not prompted by recent scandals. Prior to his appointment as president of FPL in 2011, he served as senior vice president of regulatory and state governmental affairs and as chief development officer, managing all generation development, including solar, natural gas and nuclear energy projects. FPL.com is optimized for the following browsers and mobile operating systems: IE 11+, Firefox 55+, Chrome 70+, Safari 9+, Apple iOS 10+ and Android 6+. While the conditions we are facing have changed, our commitment to you has not: we will work around the clock and we wont stop until everyones power is restored. Rebecca Kujawa is the president and chief executive officer ofNextEra Energy Resources, LLC, a competitive energy supplier with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021. Possible Criminal & Traffic Records. In October 2011, he was named president and CEO of NextEra Energy Resources,LLC, the company's competitive power generation subsidiary, a position he held until March 2019 when he retired. Forthe averageresidential customerwho currently pays about $96 eachmonth, this willresult ina one-time decrease of nearly25%on your May bill. We are honored to serve you and Northwest Florida. This information is derived from proxy statements filed for the 2021 fiscal year. FPL CEO Eric Silagy (left) speaks with Gov. Eric Silagy, chairman, president and CEO of Florida Power & Light and a prominent figure in state political and business circles, will step down next month as head of the utility, the company announced Wednesday. Heres how to vote. Access your account by logging into FPL.com to ensure your contact information is current. Miami's independent source of John Ketchum, chairman, president, and chief executive officer of NextEra All rights reserved. Mr. Hickson is also executive vice president, strategy and corporate development of NextEra Energy Partners, LP (NYSE: NEP), a growth-oriented limited partnership formed by NextEra Energy, Inc. NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. Eric Silagy. Mr. Lemasney directs power production activities for all renewable and clean energy power plants of NextEra Energys principal subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC. In November, the utility purchased 943 acres of farmland in western Palm Beach County from St. Lucie River Farm LLC for $15.9 million. President & Chief Executive Officer. Silagy also talked about FPL's role in convincing JEA to decommission and demolish the coal-fired St. Johns River Power Park in 2018. 2023 ERI Economic Research Institute, Inc. ALL Rights Reserved. His previous experience as chief financial officer (CFO) for both NextEra Energy and FPL will allow him to quickly hit the ground running with a focus on delivering value to our many stakeholders.". Prior to joining NextEra Energy, Ms. Caplan worked at General Electric Company as the senior vice president of global operations for Vendor Financial Services, a leasing and inventory finance company with $20 billion in assets and more than 500,000 accounts worldwide. Ricardo Rossello, governor of Puerto Rico, in Bayamon, Puerto Rico, as power was being restored to a neighborhood in February 2018, five months after Hurricane Irma struck the area. ERI published a whitepaper analyzing why nonprofits in the education industry pay higher, on average, than other nonprofit industries. 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, $10,517,092 was awarded as stock and $220,744 came from other types of compensation. WebEric Silagy President and CEO, Florida Power & Light Company Your new customer experience Its faster and easier to get the help you need if we have your accurate contact information. Eric Silagy, chairman, president and CEO of Florida Power & Light and a prominent figure in state political and business circles, will step down next month as head of the utility, the company announced Wednesday. Utility executives also were in close contact with the consultants as they surveilled Florida Times-Union columnist Nate Monroe, who had written critically about FPLs attempts to sway Jacksonville City Council members as it tried to acquire the city-owned utility. "Based on information in our possession, we believe that FPL would not be found liable for any of the Florida Campaign finance law violations as alleged in the media articles," Ketchum said. I dont want our children and grandchildren to inherit a mess because of the decisions we made or refused to make today. FPL CEO Eric Silagy to step down after a year marked by Photos & Social Media. As we have since March 2020, we will continue working closely with customers who contact us to do everything we can to avoid turning the lights off for nonpayment, which is and has always been a last resort. He also served as vice president, controller and chief accounting officer for NextEra Energy and as chief accounting officer and controller of NextEra Energy Partners. I want you to know that Florida Power & Light Companys commitment to serve you before, during and after a storm remains unchanged. Mr. Silagy has worked for NextEra Energy for nearly two decades. As Floridians, each of us has a fundamental responsibility to prepare for hurricane season. Mr. Sieving was a frequent contributor to that firms publication on SEC and stock exchange developments. ERI's Executive Compensation Assessor makes it easy to benchmark executive compensation packages for planning and reporting. Ms. Caplan is responsible for NextEra Energys workforce initiatives including recruiting, learning and development, health and well-being, diversity and inclusion, and recognition, as well as shared services including corporate real estate, corporate security and aviation. Protect yourself by learning how to spot a scam. The company announced on January 25, 2022 that Mr. Silagy will take on the added responsibility of Chairman of FPL effective March 1, 2022. Mr. Pimentel holds a Bachelor of Science degree in accounting from Florida State University. Ahora la informacin que necesitas sobre tu servicio elctrico est disponible en espaol en FPL.com. He has served in this role since the partnerships formation in 2014 and formerly served as a board member of the general partner of NextEra Energy Partners from May 2014 to August 2017. As we enter the hot summer months, many of us will likely continue to spend more time Regarding the Florida allegations, based on information in our possession, we believe that FPL would not be found liable for any of the Florida campaign finance law violations as alleged in the media articles, the filing said. and help keep the future of New Times, Use of this website constitutes acceptance of our. Robert (Bob) Coffey is the Chief Nuclear Officer of NextEra Energys Nuclear Fleet. From 2013 to 2015, Mr. Crews worked in the office of the chief accountant of the U.S. Securities and Exchange Commission as a professional accounting fellow. Mr. Silagy also spent time working for NextEra Energy Resources, LLC, where he served as vice president and general manager of the southern region, and vice president of business development. Prior to joining NextEra Energy, Mr. Hickson worked at Merrill Lynch & Co, where he was given increasing levels of responsibility from 1997-2012 and served as managing director in Global Mergers and Acquisitions until 2012. NextEra Energy CEO James Robo responded to a question from a Bank of America Securities analyst and said the company had FPL CEO Eric Silagy turn over emails and text messages and concluded there was no evidence of illegality or wrongdoing on the part of FPL or any of its employees.. NextEra on Wednesday also filed an earnings report for the fourth quarter of 2022 and the full year. Business customers will also see asignificantone-time decrease in May. Sign up for our newsletter: Get Capitol Buzz, a special bonus edition of The Buzz with Emily L. Mahoney, each Saturday while the Legislature is meeting. John Ketchum, chairman, president, and chief executive officer of NextEra Energy, FPLs parent company, will become chairman of FPL on Feb. 15. After more than a decade leading Florida Power & Light (FPL), the state's largest power company, Eric Silagy is retiring. These documents are required to be sent out before a shareholder meeting to give shareholders insight into how the company is performing, as well as plans for how the company will be focused and managed in the upcoming year. 5 free lookups per month. Mr. Ketchum is also chairman of the companys rate-regulated electric utility Florida Power & Light Company (FPL) as well as chairman and CEO of NextEra Energy Partners, LP (NYSE: NEP), a growth-oriented limited partnership formed by NextEra Energy to acquire, manage and own contracted clean energy projects. For the full year, FPL reported net income of $3.701 billion, or $1.87 per share, compared to $3.206 billion, or $1.63 per share, in 2021. The Orlando Sentinel has reported that Silagy and other FPL executives worked closely with political operatives for Matrix LLC, an Alabama-based consulting firm that targeted political adversaries of the utility in recent years through covert political spending and other tactics. Heres why. If you are experiencing hardship as a result of COVID-19, FPL has resources available atFPL.com/Help, or we can point you to those available from federal, state and local authorities. His commitment to putting customers first was on full display last year during hurricanes Ian and Nicole, where his dedication, commitment and compassion drove the FPL team to restore power in record time and quickly put the state of Florida back on its feet.. ", Mr. Silagy continued, "When John became CEO of NextEra Energy last year, I committed to him that I would stay in my role for at least one more year and I've now satisfied that commitment. Up to 5 He is a certified Six Sigma Black Belt and holds a Florida Professional Engineering license. - Our cutting-edge, smart grid-powered Energy Manager and Energy Analyzer are both available online to help you manage your energy usage. Florida Power and Light President and CEO Eric Silagy addresses reporters and guests during a news conference unveiling the new Blue Origin rocket at the Cape That complaint named several Matrix-linked nonprofits, including Grow United, which was used to fund the ghost candidate ads in 2020. Armando Pimentel, a former president and chief executive officer of NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, will become FPL president and CEO. Please provide us with the Personal Identification Number (PIN) that you were given for a co-browse session with our representative. Republican Ileana Garcia won the election by 32 votes. Mr. Ketchum earned a Bachelor of Arts degree in economics and finance, graduating magna cum laude, from the University of Arizona. Challenging times call for exceptional measures, and FPL is here to support our customers most in need. A new year often brings fresh perspective. During major hurricanes, we typically bring in tens of thousands of out-of-state workers from across the country to help us restore power. Mr. Sieving has served as executive vice president & general counsel since he joined NextEra Energy in December 2008. Company Name. More recently, the company hired an outside law firm to look more broadly at the company's actions. Initially, he served as NextEra Energy's and FPL's CFO. FPL has faced allegations of campaign-finance violations. He also previously worked as an accounting fellow with the Office of the Chief Accountant of the Securities and Exchange Commission. We realize that these are difficult and unsettling times and we are committed to doing our part to help you navigate the uncertainty while we continue to deliver the clean, reliable and affordable electricity you depend on. Before that, he served as vice president of NextEra Energy Resources wind operations south, vice president of NextEra Energy Resources fossil, solar and pipeline Operations and vice president of central maintenance. I hopeyou and your familyaresafe and well. After an early round of reports, NextEra commissioned an internal investigation into the allegations against Silagy and Florida Power & Light in Florida. Mark Lemasney is executive vice president of the power generation division of NextEra Energy, Inc., a leading clean energy company. Weve all seen the shortages of supplies this pandemic has caused and you can imagine they could be magnified once a storm is bearing down on us. March 23, 2020, letter to customers from FPL President and CEO, Eric Silagy. A proxy statement is a document that all publicly traded companies on the United States stock exchange are required to file annually. Top 10 Highest-Paid CEOs in the United States in 2021. NPR and Floodlight also reported in December that people working at Florida Power & Light's political consulting firm had paid a veteran ABC News freelance producer to try to trip up politicians who took stances opposed to the energy utility's economic interests. At the start of the Monday earnings call, Ketchum, the NextEra chief executive, directly addressed the media reports and federal election complaint. FPL is prepared to respond during a pandemic. 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. If youre experiencing hardship as a result of COVID-19, FPL and federal, state and local authorities have resources available to help you. However, our plan would give you the total annual savings in a single months bill. Phone Number, Email and Address History. Its video library also archives coverage for later viewing. She is a member of the National Petroleum Council, an oil and natural gas advisory committee to the U.S. Secretary of Energy. When you think about all the challenges that he had to overcome with the hurricane and with high natural gas prices and inflation and the supply chain and the media allegations and all those things, you know, I think it took a toll, you know, on Eric, he said. He joined the companys rate-regulated electric utility subsidiary, Florida Power & Light Company, in 1990 and held operational and management positions in the power generation division. As for Silagy's departure, Ketchum said, "It's a little earlier than Eric would've wanted to do it.". We urge you to be ready, too. Does it still claim him? NextEra Energy, Inc. | Leadership Most recently, he served as vice president, business management for NextEra Energy Resources, the worlds largest generator of renewable energy from the wind and sun and a world leader in battery storage. He also served our nuclear organization as vice president for the southern region and site vice president for multiple sites. Professionals should subscribe to ERIs Assessor Series. He has also completed the Emerging CFO Strategic Financial Leadership Program at Stanford University. FPL Chief Silagy Retiring After Matrix Scandal | Miami ABC News cut ties with the producer immediately following that report. Its parent company had initiated an investigation of related media reports there. Florida Power & Light CEO Eric Silagy, who became embroiled in scandals involving the utility giants ties to political operatives who worked to secretly sway Doing the right thingis a core value forFPL, which is why wewill always do the right thing for our customers. TALLAHASSEE Recent revelations about Florida Power & Lights involvement in a dark money scheme to siphon votes away from Senate Democratic candidates prompted its parent company to conduct an internal investigation, NextEra announced at an earnings call Tuesday. Importantly, these enhancements will help us restore power safely during a pandemic. Eric Silagy, the president and CEO of Florida Power & Light during an interview flanked by (left) Gera Peoples, the vice president and chief litigation counsel for NextEra officials say that investigation is close to completion. Silagy denied knowing about the surveillance or directing the consultants to monitor Monroe covertly, which they did on at least two occasions. FPL CEO announces retirement in wake of political scandals NextEra Energy CEO James Robo responded to a question from a Bank of America Securities analyst and said the company had FPL CEO Eric Silagy turn over emails and text messages and concluded there was no evidence of illegality or wrongdoing on the part of FPL or any of its employees. He was appointed FPL president in December 2011, CEO in May 2014 and chairman in March 2022, according to the companys website. Copyright 2023, Florida Power & Light Company. Silagy remains the vice chair of the Florida Board of Governors, which oversees the state university system. March 30, 2020, letter to customers from FPL President and CEO, Eric Silagy. The complaint alleges the nonprofits may have violated federal campaign finance laws in order to conceal political spending. (business & personal). NPR and Floodlight reported the same consulting firm did work in Alabama for that state's dominant energy utility, Alabama Power, and funneled money to news sites there that reported negatively on the utility's critics and regulators. This also includes investments in resilient infrastructure projects as FPL continues building a stronger and smarter energy grid to deliver reliable service in good weather and bad. Getting Florida back up and running safely and as quickly as possible after a hurricane requires all of us to approach this season with a new mindset and a renewed sense of pride in being prepared. As with any quickly evolving situation, stay safe, stay informed, stay vigilant and be prepared. He was appointed to the board in 2019 by Gov. We are taking the spread of this virus seriously and we urge our customers to do the same. Ms. Kujawa earned a Bachelor of Arts degree in public policy studies and graduated with honors from Duke University. Powered by ERI's Executive Compensation Assessor, Director, President and Chief Executive Officer, Chairman of the Board and Chief Executive Officer, Chief Executive Officer and Chairman of the Board. Firm working for FPL took control of news site, let execs influence Live from Helpful information for you to know before you pay your bills. Artiles is facing several felony charges for allegedly recruiting and paying an auto-parts dealer who shared the same surname as the Democratic incumbent in the race for Senate District 37 to run as a no-party candidate and confuse voters and influence the outcome of the 2020 election, according to his arrest affidavit. At NextEras fourth-quarter earnings call with financial analysts, Julien Patrick Dumoulin-Smith of Bank of America Securities asked Robo if he could share around some of the headlines pertaining to FPL here? There is a tremendous amount of misinformation being spread, particularly on the internet and through some social media channels, so please use trusted sources of information such as the CDC, World Health Organization or national news organizations to learn the latest information. Learn about the latest updates for North American minimum wage changes on a monthly basis. 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. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. Asked by Wall Street analysts during an earnings call on Wednesday whether Silagy's retirement was in any way prompted by those reports, the parent company's chief executive asserted that was not the case. Please view available resources online or contact us directly at 800-226-3545. Silagy, CEO since 2014, will depart the company in April. them with making Rodrguez's life "a living hell.". Were of course interested and continue to work with JEA, looking at what the opportunity is. Ms. Caplan holds a bachelors degree in aerospace engineering from the University of Michigan and a masters degree in manufacturing engineering from Boston University. local news and culture, Alex DeLuca At NextEra Energy, were committed to our core values of being committed to excellence, doing the right thing and treating people with respect. I know the future is bright and that I am leaving the company in great hands. Florida Power & Light CEO Eric Silagy announced his retirement on Wednesday. Were here to help:We know this is a difficult and unsettling time, but you are not alone. In 2015, he was named senior vice president, corporate development, strategy, quality and integration. Silagy is a former chairman of the Florida Chamber of Commerce and was elected in November as chairman of the Florida Council of 100, an influential group of business leaders.
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