He was appointed FPL president in December 2011, CEO in May 2014 and chairman in March 2022, according to the companys website. 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. WebEric E Silagy, Nextera Energy Inc: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. President & Chief Executive Officer. We are ready for hurricane season and our employees continue to actively prepare for responding to a storm amid COVID-19. Professionals should subscribe to ERIs Assessor Series. The legislators responded on Jan. 10, saying they considered the commissions review incomplete given the news stories. Chairman, President and Chief Executive Officer, Executive Vice President & General Counsel. As part of our commitment to you, FPL has continued our work to build a stronger, smarter and more storm-resilient energy grid in the nearly 15 years since Hurricane Wilma tore through our state. If you havent already subscribed, please consider buying a print or digital subscription. 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. DeSantis has this advantage over Trump in 2024. 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. 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. He and his wife Courtney live in Tequesta, Florida with their two children, Carrigan and Brogan. Ms. Kujawa joined NextEra Energy in 2007 in NextEra Energy Marketing and has held various business and finance roles. This means, from a safe distance from you and other members of the community, our crews will still be out trimming trees, flying drones to assess equipment, putting power lines underground and installing new, strongerand more efficient facilities. Mr. Silagy's last day with NextEra Energy will be May 15, 2023. But in a separate Securities and Exchange Commission filing, NextEra Energy said it had substantially completed a review and indicated it thinks FPL will be cleared of wrongdoing alleged in numerous media reports. He is the head of the corporate legal department, with responsibility for the legal affairs of the company. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. Forthe averageresidential customerwho currently pays about $96 eachmonth, this willresult ina one-time decrease of nearly25%on your May bill. President and CEO, Florida Power & Light Company, May 20, 2020, letter to customers from FPL President and CEO, Eric Silagy. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, NextEra Energy first-quarter 2023 financial results available on company's website, NextEra Energy announces date for release of first-quarter 2023 financial results. 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. "When John (Ketchum) 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, Silagy said in a prepared statement. I wish Eric and his family all the best on this next chapter in life.". He is a certified Six Sigma Black Belt and holds a Florida Professional Engineering license. John Ketchum is chairman, president and chief executive officer (CEO) of NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. But that doesnt mean looking over the horizon is always easy. Our four-year rate agreement, unanimously approved by the Florida Public Service Commission, will lower the typical residential customer bill by 2025 as we continue building a more resilient and sustainable energy future all of us can depend on including future generations. Silagy, the former lobbyist turned CEO of Florida Power & Light, one of the nation's largest electric companies and Florida's most fearsome power broke will retire. - Our cutting-edge, smart grid-powered Energy Manager and Energy Analyzer are both available online to help you manage your energy usage. We are taking the spread of this virus seriously and we urge our customers to do the same. million verified professionals across 35 million companies. Lived In Spring TX, Houston TX, Shreveport LA, Washington DC. Please view available resources online or contact us directly at 800-226-3545. However, this year presents the unique challenge of potentially dealing with a hurricane and a global pandemic at the same time. In the Southeast, power company money flows to news sites that attack their critics, She was an ABC News producer. Mr. Reagan was named to this position in January 2020. Protect yourself by learning how to spot a scam. 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.". Silagy remains the vice chair of the Florida Board of Governors, which oversees the state university system. 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. Cision Distribution 888-776-0942 Find your next career with Americas leading John Ketchum, chairman, president, and chief executive officer of NextEra Energy, FPLs parent company, will become chairman of FPL on Feb. 15. Mr. Pimentel also previously served as executive vice president, finance, and chief financial officer of NextEra Energy. Please know that were committed to serving you today while always keeping an eye on the future in our rapidly growing state thats on the front lines of climate change. The papers also reported that a member of the Jacksonville City Council who didnt want to sell the citys utility company to FPL was offered a job that was arranged by consultants for FPL in an unsuccessful attempt to get him to resign from the commission. 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. While Silagys announcement was accompanied by kind words from the chairman of NextEra, FPLs parent company, there is no doubt that his departure FPL CEO Eric Silagy (left) speaks with Gov. Family Data. The tens of thousands of intelligent devices installed across the energy grid will allow us to prevent outages and restore power without even sending men and women into the field. 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. The money was allegedly funneled through a network of tax-exempt nonprofits that obscured its origin. - FPLs Mobile App is the easiest way to manage your bill or report an outage. This reporting has raised significant questions around the potential of ratepayer funds being used to not only influence elections but to undermine democracy through fake candidate schemes, astroturfing, and attempted bribes, wrote state Reps. Anna Eskamani, Carlos Guillermo Smith, Angie Nixon and Travaris McCurdy. from 8 AM - 9 PM ET. Prior to this position, Ms. Caplan served as vice president & chief operating officer for Florida Power & Light Company, a subsidiary of NextEra Energy, Inc., and one of the largest investor-owned electric utilities in the nation. Silagy, CEO since 2014, will depart the company in April. Sign up for a free account. 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. Initially, he served as NextEra Energy's and FPL's CFO. Florida Power & Light CEO Eric Silagy announced his retirement on Wednesday. She is a member of the National Petroleum Council, an oil and natural gas advisory committee to the U.S. Secretary of Energy. "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. Please provide us with the Personal Identification Number (PIN) that you were given for a co-browse session with our representative. He is a member of the Board of Directors of the He is also a life-long Floridian who cares deeply about serving our customers. Phone Number, Email and Address History. FPL is prepared to respond during a pandemic. NextEra Energy Resources operates three nuclear power plants in two states, and its parent company, NextEra Energy, operates one of the largest nuclear power fleets in the nation. 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. Below is a list of the top 10 highest-paid CEOs for the most recent complete fiscal year: 2021. Eric Silagy. 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. Ron DeSantis Tampa Bay hometown has evolved. Silagy is to be replaced by Armando Pimentel, a former senior executive at NextEra Energy. It was also announced that Silagy, the president and CEO of FPL, will take on the added responsibility of chairman of FPL. That complaint named several Matrix-linked nonprofits, including Grow United, which was used to fund the ghost candidate ads in 2020. Bob served in the U.S. Navy Nuclear Submarine Force from 1982 to 2003 and retired as a senior chief electrician. Eric Silagy. 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. All rights reserved. President and Chief Executive Officer of Florida Power and Light Company. 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. Its parent company had initiated an investigation of related media reports there. 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. For example, hardening efforts such as stronger power poles and more neighborhood power lines underground will lead to less damage to our system. He has also served as chief financial officer of NextEra Energy and as chief financial officer of FPL. free lookups / month. {{ userNotificationState.getAlertCount('bell') }}. These enhancements tangibly benefited customers during hurricanes Irma and Matthew in recent years and shaved many days off the restoration effort. Moreover, the investments weve made over the past decade in smart grid technology have helped us automate our system, preventing millions of power outages and providing superior reliability for our customers. No one at FPL has been accused of wrongdoing by authorities and the company has said an internal review cleared its employees. Business customers will also see asignificantone-time decrease in May. 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. In addition to payment plans, FPL can connect you with financial assistance at the local, state and federal level while its still available. So, please take the time now tolearn moreabout how you can prepare for hurricane season. 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. A good place to learn more iswww.FPL.com/Help. Challenging times mustbe met with exceptional measures, and thisunconventional and unprecedentedactionwillprovide you with the opportunity to save as much money as possible duringthis uncertain economic time. These results are the consequence of the hard work and dedication of our nearly 10,000 FPL employees, who every day put the customer first and always strive to innovate and do better. 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. You can request a quote here. He was the plant general manager for construction, startup and operation of the Cape Canaveral Next Generation Clean Energy Center. "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. COVID-19 certainly hasnt made it any easier. Check out the top banking and finance CEO salaries for the 2021 fiscal year and learn how executive compensation has changed in the banking industry. We must work to earn your trust with every decision we make and we are committed to doing so. The preparations we make now, before a hurricane formslet alone threatens our statewill make a meaningful difference in how we get through a storm together. United States, Florida, Tallahassee. Mr. Crews earned a Bachelor of Science in accounting with a minor in leadership studies from theUniversity of Richmond. Web1 Antonia Hover From: charley7722@aol.com Sent: Saturday, March 4, 2023 11:59 AM To: ron.desantis@eog.myflorida.com Cc: martha.lynn@eog.myflorida.com; Office of Commissioner Clark; Office of Chairman Fay; Office of Commissioner Graham; Office of Commissioner Passidomo; Office of Commissioner La Rosa; Ellen Plendl; Shonna So, thats probably all that were going to say on that today.. 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. Ron Reagan is executive vice president of engineering & construction and integrated supply chain for NextEra Energy, Inc. (NYSE: NEE), a leading clean energy 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. We have mobile and online tools available for your convenience: Relatives, Associates, Neighbors. This effort takes a lot of resources to gather and update. During his career at Deloitte, Mr. Crews primarily served clients in the financial services and energy industries. Similar Profiles, Chief of Staff @ u.s Senator J Bennett Johnston. He also completed the Emerging CFO Strategic Financial Leadership Program at Stanford University. National Compensation Forecast April 2023. Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast. Miami's independent source of John Ketchum, chairman, president, and chief executive officer of NextEra Pleaseview available resourcesonline or contact us directly at 800-226-3545. June 1, 2020, letter to customers from FPL President and CEO, Eric Silagy. In 2015, he was named senior vice president, corporate development, strategy, quality and integration. In 2006, he joined the Power Marketing unit of NextEra Energy Resources, the companys competitive generation subsidiary, serving as vice president of asset operations and trading. John Ketchum, chairman, president and CEO, NextEra Energy, is named chairman, FPL. 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. Questions about recent news stories came up during NextEras fourth-quarter earnings call with financial analysts. WebBuilding a more resilient and sustainable energy future From all of us at Florida Power & Light Company, welcome to the family. 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? 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. Eric Silagy, of Palm Beach Gardens, is the President and CEO of Florida Power and Light Company. FPL has long been one of the most-powerful business and political players in Florida. PublishedJanuary 25, 2023 at 9:52 AM CST, Today's Schedule for WUWF-HD2 (Classical), Today's Schedule for WUWF-HD3 (Sightline). However, our plan would give you the total annual savings in a single months bill. WebEric E Silagy is a resident of FL. More recently, the company hired an outside law firm to look more broadly at the company's actions. 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.
