Summary
This 8-K filing by NextEra Energy, Inc. (NEE) on January 28, 2019, announces a significant leadership transition within its key subsidiaries, effective March 1, 2019. Armando Pimentel, Jr. will retire as President and CEO of NextEra Energy Resources, LLC (NEER). This marks a planned succession and signals continuity in leadership. The company has appointed John W. Ketchum to succeed Mr. Pimentel as President and CEO of NEER. Concurrently, Rebecca Kujawa will step into the role of Executive Vice President, Finance and Chief Financial Officer of NEE and Florida Power & Light Company (FPL), taking over from Mr. Ketchum. Terrell Kirk Crews, II will move to Vice President, Business Management of NEER, and James May will succeed Mr. Crews as Vice President, Controller and Chief Accounting Officer of NEE. These appointments reflect a strategic shuffle to maintain experienced leadership in critical financial and operational roles.
Key Highlights
- 1Armando Pimentel, Jr., President and CEO of NEER, will retire effective March 1, 2019.
- 2John W. Ketchum appointed President and CEO of NEER, effective March 1, 2019.
- 3Rebecca Kujawa appointed Executive Vice President, Finance and CFO of NEE and FPL, effective March 1, 2019, succeeding Mr. Ketchum.
- 4Terrell Kirk Crews, II appointed Vice President, Business Management of NEER, effective March 1, 2019.
- 5James May appointed Vice President, Controller and Chief Accounting Officer of NEE, effective March 1, 2019, succeeding Mr. Crews.
- 6The changes are part of a planned leadership succession process, indicating a smooth transition.
- 7Rebecca Kujawa will serve as the principal financial officer for NEE and FPL, and James May will serve as the principal accounting officer for NEE.