Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. Prior to joining NextEra Energy, Mr. Crews was a partner at Deloitte & Touche, LLP. Chairman, President and Chief Executive Officer, Executive Vice President & General Counsel. 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. 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. He is responsible for enterprise-wide power plant engineering and construction activities and enterprise-wide sourcing activities. John Ketchum, chairman, president and CEO, NextEra Energy, is named chairman, FPL. Its why FPL will never stop innovating and well never stop challenging our way of thinking to make Florida an even better place to live. Were implementing our plan:Just as we do with our hurricane plan, we have implemented our pandemic plan and are following our well-established procedures for ensuring continuity of service. Mark Hickson is executive vice president of corporate development, strategy, quality and integration for NextEra Energy, Inc. free lookups / month. Protect yourself by learning how to spot a scam. We are honored to serve you and Northwest Florida. 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. Well send you a rundown on local, state and national politics coverage every Thursday. Bob most recently served as corporate nuclear vice president. Publicly Available Info. Protect yourself by learning how to spot a scam. Long-term incentives, like stock and option awards, Perquisites, like use of a company car or country club membership. Heres how to vote. In 2015, he was named senior vice president, corporate development, strategy, quality and integration. At Entergy (NYSE: ETR), we power life. Republican Ileana Garcia won the election by 32 votes. Hillsboroughs only rape crisis center to open 2nd clinic. Does it still claim him? John Ketchum is chairman, president and chief executive officer (CEO) of NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. Prior to joining NextEra Energy, Mr. Pimentel was a senior partner at Deloitte & Touche LLP. Though he didnt name the group, the complaint he described fit the description of one filed by the nonprofit watchdog Citizens for Responsibility and Ethics in Washington. Prior to joining NextEra Energy, Mr. Silagy served as vice president, mergers, acquisitions and divestitures at Entergy Wholesale Operations, and as vice That statement was made before additional rounds of damaging disclosures prompted the investigation by the outside law firm. COVID-19 certainly hasnt made it any easier. A gift of electricity can make a massive difference in someones life, especially during this challenging time. I feel its best for the transition to take place now and for new leadership to take the helm of FPL to ensure consistent management heading into a very busy next couple of years, Silagy said. Please view available resources online or contact us directly at 800-226-3545. While it may be the last thing on your mind, hurricane season is here. Its CEO, Mark Crosswhite, stepped down in December. ", Commenting on Mr. Pimentel rejoining NextEra Energy, Ketchum said, "We welcome Armando back to our company. Eric Silagy, of Palm Beach Gardens, is the President and CEO of Florida Power and Light Company. After an early round of reports, NextEra commissioned an internal investigation into the allegations against Silagy and Florida Power & Light in Florida. WebContact Info. The complaint alleges the nonprofits may have violated federal campaign finance laws in order to conceal political spending. Before that, he was a partner in the Corporate, Securities and Finance Practice Group of Hogan & Hartson, L.L.P. She is a certified Six Sigma Master Black Belt. However, this year presents the unique challenge of potentially dealing with a hurricane and a global pandemic at the same time. "It has been an honor and privilege to lead the FPL team for more than a decade and I couldn't be more proud of the accomplishments we have delivered to our customers and the state of Florida," said Mr. Silagy. FPL will continue to work with customers one-on-one as we prepare to carefully and thoughtfully transition back to our standard policies in July. WebSilagy remains the vice chair of the Florida Board of Governors, which oversees the state university system. Sign up for a free account. Eric has been a devoted supporter of the state and his work for a variety of organizations has helped to foster Florida's economic growth, strengthen the state university system and grow the next generation of Florida leaders. 3 min read. It should be a point of pride and as synonymous with living in Florida as soaking up the sun on a sandy beach or visiting a world-class amusement park. Mr. Silagy's last day with NextEra Energy will be May 15, 2023. They cited utilities expert Karl Rabagos testimony in the rate case, in which he noted that FPL spent millions of dollars in dues paid to certain politically active trade associations and cited the commissions own documents in the rate case. As Floridians, each of us has a fundamental responsibility to prepare for hurricane season. Ron DeSantis. We take all allegations seriously, and weve found no evidence that either FPL or our employees had any involvement in, financially supported, or directed any third party to support ghost candidates during last years Florida election cycle, he said. The reporting also found that the same FPL consultants have been involved in setting up front groups to advance FPLs political agenda, and paid activists to promote FPLs interests. From expanding ourCare to Shareprogram and donating millions to local charities across the state,to suspending electrical disconnections, providing payment extensions and waiving late fees for customers in a hardship situation policies that will remain in effect while Florida is under a state of emergency FPL is committed to helping us all get through this difficult and unsettling time together. in Washington, D.C., where his practice focused on representation of public companies in securities and business combination transactions, on corporate governance and on securities law and stock exchange compliance matters. Five people have been criminally charged in connection to the ghost candidate scheme, including two of the candidates. 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. Its election day in Tampa. Sun Sentinel staff writer Ron Hurtibise contributed to this news article. WebAs President and CEO of FPL at NEXTERA ENERGY INC, Eric E. Silagy made $15,081,835 in total compensation. Executive Vice PresidentPower Generation Division. Direct. Last June, Florida Power & Light spokesperson David Reuter wrote that the initial review had exonerated the company: "This detailed report found no evidence of illegality or wrongdoing on the part of FPL or any of its employees." The legislators responded on Jan. 10, saying they considered the commissions review incomplete given the news stories. This week, we aretakingthe unprecedented step of askingthe Florida Public Service Commission to allow us to fast-track asignificantbill decreasebeginning in May. NextEra officials say that investigation is close to completion. The now-former Matrix operatives controlled a nonprofit organization in 2020 that funded ads promoting three independent ghost candidates who ran for highly competitive state Senate seats, including one in Central Florida, but did not campaign for office. This information is derived from proxy statements filed for the 2021 fiscal year. We are ready for hurricane season and our employees continue to actively prepare for responding to a storm amid COVID-19. Cision Distribution 888-776-0942 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. And, well do it while delivering electricity thats clean, reliable and increasingly affordable. To ensure you have the best experience and receive the correct As we continue to navigate the coronavirus (COVID-19) crisis together,I wantedto sharea bit ofgood news with you. He and his wife Courtney live in Tequesta, Florida with their two children, Carrigan and Brogan. 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? President and Chief Executive Officer of Florida Power and Light Company, Contact us to find out more about the compensation structure for, The following Interpublic Group (IPG) board members are connected to Mr. Eric Silagy. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. billing, payments and web experiences. I know the future is bright and that I am leaving the company in great hands. Best wishes for a safe and joyous new year. During the call, Silagy attributed the timing of his departure to the timetable for FPLs next rate case, a state review that regulated utilities undergo when seeking to set new rates. This includes adding more zero-emissions solar, pairing it with battery storage and even piloting innovative green hydrogen technology, that could potentially unlock 100% carbon-free electricity thats available 24 hours a day. WebEric E Silagy is a resident of FL. All contributions are distributed to the communities that we serve through a network of nonprofit human-service agencies, and there are no administrative fees so every dollar you donate truly makes a difference and may be tax-deductible. This includes limiting access to our control centers to essential personnel only and putting various processes and procedures in place that are designed to limit the spread of the virus. From May 2008 to March 2019, Mr. Pimentel was a member of NextEra Energy's senior executive team. Common Compensation Terms and Formulas - January 2023. Ms. Kujawa serves on the board of directors for Nuclear Electric Insurance Limited. President and CEO, Florida Power & Light Company, May 20, 2020, letter to customers from FPL President and CEO, Eric Silagy. 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. Blogger must say if he was paid to publish posts about candidate, judge rules. As fellow Floridians, were all in this together and you have my promise that we will continue to worksafely andtirelessly tokeep the lights onso you and your families have one less thing to worry about. Disclosures are a great way to find executive compensation for publicly traded companies. More than 100 years ago, our founder Harvey Couch started this company with a handshake, some sawdust and a vision. 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. Artiles has pleaded not guilty to the charges. FPLs response as well as the statements provided for the docket by the staff involved in the rate case audit, leave many questions and concerns for our constituents and Floridians at large, the legislators wrote. And, in the case of FPLs two dozen solar power plants, we dont need anyone to operate them at all. 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. 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. He was named president and CEO in March 2022 and became chairman of the board of directors in July 2022. He was appointed president in December 2011 and CEO in May 2014. Reporting by the Orlando Sentinel and the Miami Herald tied Silagy to a group of political consultants who had spent millions of dollars to secretly further the power company's political goals. 2023 ERI Economic Research Institute, Inc. ALL Rights Reserved. NextEra Energy Resources is the worlds largest generator of renewable energy from the wind and sun, and a world leader in battery storage. Resides in Palm Beach Gardens, FL. Subsequent leaks led to additional damaging stories about the 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. Make a one-time donation today for as little as $1. Eric Silagy, President and CEO, Florida Power & Light Company. As the coronavirus (COVID-19) situation intensifies, there are two very important things I want you to know: We know this a difficult and unsettling time and as Floridians, neighbors, friends and family, we are in this together. WebEric E Silagy, 57. Records anonymously delivered to the Orlando Sentinel in late 2021 showed FPL had given more than $10 million in recent years to dark-money groups controlled by the same network of consultants. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. Wednesdays press release from NextEra announced Armando Pimentel, who previously served in several senior executive roles with NextEra Energy before retiring in March 2019, will rejoin the company to succeed Silagy. 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. 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. Importantly, these enhancements will help us restore power safely during a pandemic. While saying 'goodbye' to such a great organization is always difficult, I know that now is the right time for me to hand over the reins of FPL.. The company says the move was not prompted by recent scandals. He has also completed the Emerging CFO Strategic Financial Leadership Program at Stanford University. Similar Profiles, Chief of Staff @ u.s Senator J Bennett Johnston. In 2019, FPLs parent company NextEra Energy purchased Gulf Power for $5.75 billion, expanding FPLs service territory to eight counties in the western Panhandle. 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. Bob joined the company in 2003 and has grown through a number of positions of increasing responsibility within our nuclear fleet and corporate office during his tenure. But that doesnt mean looking over the horizon is always easy. And, after a storm clears, our team of drone pilots will be able to quickly assess damage so we can pinpoint where to dispatch crews. "I want you to make his life a living hell seriously," Silagy wrote in a 2019 email to two of his vice-presidents about one of the Democratic state senators whose 2020 electoral contest was complicated by a spoiler candidate. Ahora la informacin que necesitas sobre tu servicio elctrico est disponible en espaol en FPL.com. He also previously worked as an accounting fellow with the Office of the Chief Accountant of the Securities and Exchange Commission. All rights reserved. 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. Mr. Reagan holds a Bachelor of Science degree in electrical engineering from Clarkson University. Armando Pimentel, who previously served in several senior executive roles with NextEra Energy, will rejoin the company and is named president and CEO, FPL. The media reports were cited in an October 2022 Federal Election Commission complaint against several of the "dark money" non-profit organizations that received corporate funds. (Neither Alabama Power nor its corporate parent, Southern Company, have commented on those disclosures.). 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. We urge you to be ready, too. PublishedJanuary 25, 2023 at 9:52 AM CST, Today's Schedule for WUWF-HD2 (Classical), Today's Schedule for WUWF-HD3 (Sightline). So, please take the time now tolearn moreabout how you can prepare for hurricane season. JUNO BEACH, Fla., Jan. 25, 2023 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that Eric Silagy, chairman, president and chief executive officer (CEO) of Florida Power & Light Company (FPL), has notified the company of his intention to retire after 20 years with the company, including 11 years leading FPL. Silagy is to be replaced by Armando Pimentel, a former senior executive at NextEra Energy. As we enter the hot summer months, many of us will likely continue to spend more time inside our homes than normal. The sum of all cash payments made to an individual for services during a given year. This means our air conditioners will be forced to work even harder and use even more energy to keep our homes cool. 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. 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+. FPL remains committed to helping support customers experiencing hardship during the coronavirus (COVID-19) global pandemic. As Ive said before, these unprecedented times call for exceptional measures. The list is ordered by the highest total pay and not the highest salary. 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. A proxy statement is a document that all publicly traded companies on the United States stock exchange are required to file annually. 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. 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. Were of course interested and continue to work with JEA, looking at what the opportunity is. 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. He was appointed FPL president in December 2011, CEO in May 2014 and chairman in March 2022, according to the companys website. DeSantis has this advantage over Trump in 2024. Additionally, FPLs fleet of modern, state-of-the-art power plants requires significantly fewer people to operate than the older power plants they replacedminimizing concerns about having large numbers of essential employees working in groups. 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. Previously, Mr. Sieving served as executive vice president, general counsel and secretary of one of the largest publicly held competitive telecommunications companies at the time, where he had responsibility for legal, regulatory and legislative affairs. He was appointed to the board in 2019 by Gov. In the Southeast, power company money flows to news sites that attack their critics, She was an ABC News producer. 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. The state senator went on to lose re-election by six votes. He has also served as chief financial officer of NextEra Energy and as chief financial officer of FPL. Our focus on delivering clean, reliable and affordable electricity demands that we must continue working to improve the energy grid, particularly as hurricane season quickly approaches. Annie Martin is an investigative reporter and the Higher Education reporter for the Orlando Sentinel. FPL is also supporting communities throughout the state through our charitable foundation and, for those who can afford or want to help others who may need assistance, we encourage you to make a donation to ourCare To Shareprogram. Helpful information for you to know before you pay your bills. Bottom line, waiting until a hurricane is on our doorstep to prepare isnt going to cut it. Heres why. NextEra Energy, Inc. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered inJuno Beach, Florida. Possible Criminal & Traffic Records. 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. If youre experiencing hardship as a result of COVID-19, FPL and federal, state and local authorities have resources available to help you. FPL, the states largest utility, serves more than 5 million customers. Please know that this work is essential to keeping our electric grid operating smoothly as we approach hurricane season, and support their efforts by practicing appropriate social distancing and know that they will extend the same courtesy to you. No credit card required. 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 Contact Information. He was the plant general manager for construction, startup and operation of the Cape Canaveral Next Generation Clean Energy Center. FPL is the primary electric utility serving Broward, Palm Beach and Miami-Dade counties. The nonprofit committees were set up by political consultants working for FPL, who had consulted with Silagy, according to reporting by the Orlando Sentinel, the Miami Herald and the Florida Times-Union. Executive Vice PresidentEngineering & Construction andIntegrated Supply Chain. We apologize for this inconvenience and are working to fix the issues as quickly as possible. FPL has long been one of the most-powerful business and political players in Florida. FPL CEO announces retirement in wake of political scandals, US principal forced out in porn flap views David statue, Florida lawmakers may postpone tougher high school graduation rules for class of 2023, Florida legislators take up cause of trafficked foster care children, and go after scofflaw hotels. Internationally, companies are required to file Canadian Information Circulars, EU/UK Annual Reports, etc., depending on the companys location. The complaint implicated Florida Power & Light in election law violations because of alleged attempts to obscure the source of the political donations. Get contact details including emails and phone numbers She also was a corporate operative. Under his leadership, the company operates over 62,000 megawatts of generating capacity at more than 300 sites across the U.S. and Canada, as well as 1,100 miles of pipeline. In this role, he works to identify and prioritize top quality and process improvement initiatives across the company, as well as corporate strategy, mergers, acquisitions and integration activities. Want more of our free, weekly newslettersinyourinbox? I encourage you touse these free toolsand discover even more ways to save. Job Matching for Compensation Benchmarking. This covers all compensation that don't fit in any of these other standard categories. FPL is prepared to respond during a pandemic. them with making Rodrguez's life "a living hell.". He also worked for U.S. Updated January 27, 2022 1:43 PM President and CEO of Florida Power & Light Eric Silagy speaks to the media after FPL imploded its last Florida-based coal-fired 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. To view more detailed proxy data including previous years contact our sales team. Below is a list of the top 10 highest-paid CEOs for the most recent complete fiscal year: 2021. This effort takes a lot of resources to gather and update. Lynn Hurtak defeats Janet Cruz in Tampa City Council runoff, CEO who turned Creative Pinellas into a thriving arts center is retiring. What compensation data can we get from these disclosures? 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 To benchmark total compensation for executives, we recommend subscribing to ERIs Assessor Platform. "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. ogx shampoo causing acne, using rivets on nylon webbing,
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