But that doesnt mean looking over the horizon is always easy. Live from More than 100 years ago, our founder Harvey Couch started this company with a handshake, some sawdust and a vision. 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. 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. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. 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. 5 free lookups per month. 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. I know theres been a lot of back and forth and perhaps theres a lot of context to provide there. Dumoulin-Smith is director of U.S. Power, Utilities and Alternative Energy Equity Research for Bank of American Securities. She is a certified Six Sigma Master Black Belt. No credit card required. 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 announcement did not detail the reasons for Silagys retirement. 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.. This information is derived from proxy statements filed for the 2021 fiscal year. We urge you to be ready, too. and help keep the future of New Times, Use of this website constitutes acceptance of our. 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. "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. Executive compensation is a combination of the cash and non-cash pay that an executive-level employee receives. Republican Ileana Garcia won the election by 32 votes. Below is a list of the top 10 highest-paid CEOs for the most recent complete fiscal year: 2021. Best wishes for a safe and joyous new year. Prior to assuming his current role, Mr. Lemasney served as vice president of engineering & operations support services in the power generation division. Silagy remains the vice chair of the Florida Board of Governors, which oversees the state university system. Related To Laura Silagy, Angela Silagy, Joseph Silagy, The company announced on January 25, 2022 that Mr. Silagy will take on the added responsibility of Chairman of FPL effective March 1, 2022. The no-party candidate, Alexis Alex Rodriguez, who did not campaign, received more than 6,000 votes. Robo responded: Sure, Julian, I think you know, on some of the Florida political headlines I think what Id like to say on that is pretty simple., He said that when the company received the report and those allegations that have been in the press, we conducted a very extensive and thorough investigation that included looking at company financial records and include looking at everyone who was named and its company emails. He said those involved all provided access to their personal emails and texts to us as part of that investigation., He concluded: The bottom line is we found no evidence of any issues at all, any illegality, or any wrongdoing on the part of FPL or any of its employees., Robo added that he felt very good about the investigation that we did, and I feel very good that there is, you know, no basis to any of these allegations. To benchmark total compensation for executives, we recommend subscribing to ERIs Assessor Platform. "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. Were of course interested and continue to work with JEA, looking at what the opportunity is. President and Chief Executive OfficerNextEra Energy Resources, LLC. Just as we have done in the past, we will weather this storm and you have my personal commitment that were ready for whatever COVID-19 brings our way and all of us at FPL will continue to work hard every single day to deliver you affordable, reliable power you can count on. 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. Forthe averageresidential customerwho currently pays about $96 eachmonth, this willresult ina one-time decrease of nearly25%on your May bill. Mr. Sieving also oversees the companys environmental services, corporate secretary and corporate compliance groups; he also had responsibility for FPL FiberNet, the companys fiber optic services provider, from August 2015 until its sale in early 2017. 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. Ms. Caplan is also a member of the International Womens Forum. He is a certified Six Sigma Black Belt and holds a Florida Professional Engineering license. "Over the last decade, we have transformed FPL's generation fleet into one of the cleanest, most reliable and lowest-cost portfolios in the country, delivered award-winning customer service, ensured bills are significantly lower than the national average and provided our customers the best grid reliability in the country. While FPL is more prepared than ever to respond to a hurricane, you should expect that the pandemic will undoubtedly create extraordinary challenges that may ultimately delay restoration. The funds supported a total of five spoiler candidates in state senate and county commission races in 2018 and 2020, as well as efforts to foil a ballot initiative that would have deregulated Florida's energy market. Learn about common compensation terms and formulas that businesses use and stay updated on new salary and compensation terminology with ERI. 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. (Neither Alabama Power nor its corporate parent, Southern Company, have commented on those disclosures.). Silagy denied knowing about the surveillance or directing the consultants to monitor Monroe covertly, which they did on at least two occasions. Ms. Kujawa joined NextEra Energy in 2007 in NextEra Energy Marketing and has held various business and finance roles. 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. 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. A new year often brings fresh perspective. 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. He was appointed president and CEO in February 2023. 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? 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 I hope that you and your family continue to stay safe and well. That complaint named several Matrix-linked nonprofits, including Grow United, which was used to fund the ghost candidate ads in 2020. Want more of our free, weekly newslettersinyourinbox? Bloomberg/Bloomberg via Getty Images Copyright 2023, Florida Power & Light Company. Here are some things Id like for you to know: Were monitoring COVID-19 closely:As part of our standard preparedness protocol, we have been closely monitoring and assessing the impact of COVID-19 and urging our employees to follow recommendations from the Centers for Disease Control and Prevention and the World Health Organization for protecting themselves and others from this virus. 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. A gift of electricity can make a massive difference in someones life, especially during this challenging time. independent local journalism in Miami. In the Southeast, power company money flows to news sites that attack their critics, She was an ABC News producer. ERI gathers data from these proxy statements, as well as from salary surveys, and displays the executive compensation data for the latest year on executive data pages, like this one. FPLs parent company, NextEra Energy, announced Silagys upcoming departure in a press release Wednesday, which made no mention of recent political controversies and praised his leadership. In addition, she has held the positions of vice president of business management for NextEra Energy Resources; vice president of business management for the Midwest and International region for NextEra Energy Resources; and director of investor relations for NextEra Energy. Florida Power & Light CEO Eric Silagy, who became embroiled in scandals involving the utility giants ties to political operatives who worked to secretly sway elections and influence news coverage, is retiring after more than a decade leading the company. FPL has a number of free tools available such as the mobile app, personalized energy dashboard and Energy Analyzer to help you manage your energy usage. 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 We are ready for hurricane season and our employees continue to actively prepare for responding to a storm amid COVID-19. Legislature considers flooding our streets with cancer-causing chemicals | Column, A Duke Energy contractor hit a pipe. Relatives, Associates, Neighbors. President and Chief Executive Officer Florida Power & Light Company. She is a member of the National Petroleum Council, an oil and natural gas advisory committee to the U.S. Secretary of Energy. Blogger must say if he was paid to publish posts about candidate, judge rules. Executive Vice PresidentNuclear Division and Chief Nuclear Officer. After more than a decade leading Florida Power & Light (FPL), the state's largest power company, Eric Silagy is retiring. In one instance, leaked emails revealed Silagy even successfully suggested specific news coverage to one publication. We will never ask for your personal information over the phone or demand payment using money orders or gift cards. He is the head of the corporate legal department, with responsibility for the legal affairs of the company. 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. from 8 AM - 9 PM ET. These enhancements tangibly benefited customers during hurricanes Irma and Matthew in recent years and shaved many days off the restoration effort. At NextEra Energy, were committed to our core values of being committed to excellence, doing the right thing and treating people with respect. Media scrutiny of the company's political giving began shortly after the 2020 election, when a trio of spoiler candidates tipped close state senate races toward candidates considered friendly to Florida Power & Light. And, in the case of FPLs two dozen solar power plants, we dont need anyone to operate them at all. 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. 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. Florida Power & Light CEO Eric Silagy announced his retirement on Wednesday. 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. 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. 45,000 gallons of treated wastewater dumped into Boca Ciega Bay, Tampa owner of Outback, Flemings aims to keep prices steady in 2023, What Biden said about DeSantis, Florida and Disney at DC press dinner, Prominent Florida political consultants may face criminal charges in sham candidate case, Get Capitol Buzz, a special bonus edition of The Buzz with Emily L. Mahoney, each Saturday while the Legislature is meeting, Florida Senate sponsor agrees to weaken preemption bill.

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