Silagy, CEO since 2014, will depart the company in April. FPL parent company investigates after dark money controversy 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. Jeff Weiner is Content Director for Local News for the Orlando Sentinel. Executive Vice President & General CounselNextEra Energy, Inc. Charles E. Sieving is executive vice president & general counsel ofNextEra Energy, Inc.(NYSE: NEE), a leading clean energy company. 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. Asked during a Wednesday morning earnings call whether Silagys retirement was tied to the scandals, NextEra CEO John Ketchum said he was not making that connection but acknowledged 2022 was a challenging year for FPL. 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 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. 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. And through it all, FPL will stay focused on delivering you the affordable, reliable power that you have come to count on. March 23, 2020, letter to customers from FPL President and CEO, Eric Silagy. 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. We have mobile and online tools available for your convenience: Artiles has pleaded not guilty to the charges. The sum of all cash payments made to an individual for services during a given year. FPL.com is optimized for the following browsers and mobile operating systems: IE 9+, Firefox 31+, Chrome 37+, Safari 6.1+, Apple iOS 7+ and Android 4+. She is a certified Six Sigma Master Black Belt. Mr. Hickson joined NextEra Energy in 2012 as vice president, corporate development and operational excellence. Ron DeSantis. The company is headquartered in Juno Beach in northern Palm Beach County. 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, he said. Helpful information for you to know before you pay your bills. 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.". The value of stock and option awards plus long term incentives granted. (business & personal). Executive Vice PresidentPower Generation Division. 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. 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. 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. John Ketchum, chairman, president, and chief executive officer of NextEra ERIs database has data from proxy statements going back to the year 2000 to help compensation professionals price executive compensation packages. 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. 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. Copyright 2023, Florida Power & Light Company. We are honored to serve you and Northwest Florida. The Summary Compensation table displayed in proxy statements includes data for Salary, Bonus, Stock Awards, Option Awards, Non-equity Incentive Plan Compensation, Pension and Nonqualified Deferred Compensation (NQDC) Earnings, All Other Compensation, and Total Compensation for the top five named executive officers (NEOs) in an organization. During her tenure with GE, she held leadership positions in customer service, operations, manufacturing, Six Sigma and project management with GE Capital and Aircraft Engines. More recently, the company hired an outside law firm to look more broadly at the company's actions. Eric Silagy email address & phone number - RocketReach As we enter the hot summer months, many of us will likely continue to spend more time 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. 3 min read. NextEra Energy ownsFlorida Power& Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million people across Florida. 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. No one at FPL has been accused of wrongdoing by authorities and the company has said an internal review cleared its employees. FPL CEO Eric Silagy (left) speaks with Gov. NextEra Energy Inc. Eric Silagymade $15,553,964in total compensation as President and Senator J. Bennett Johnston of Louisiana in several capacities, including chief of staff. Legislature considers flooding our streets with cancer-causing chemicals | Column, A Duke Energy contractor hit a pipe. 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. Some customers may experience issues when trying to log in. COVID-19 certainly hasnt made it any easier. During his career at Deloitte, Mr. Crews primarily served clients in the financial services and energy industries. I encourage you touse these free toolsand discover even more ways to save. 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. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. 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. Ms. Caplan is also a member of the International Womens Forum. Eric Silagy, President and CEO, Florida Power & Light Company. Couch wanted to bring safe, affordable, reliable energy to the Middle South energy that would power the lives of people and communities. Find contact details for 700 million professionals. The company announced on January 25, 2022 that Mr. Silagy will take on the added responsibility of Chairman of FPL effective March 1, 2022. 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. 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. As Ive said before, these unprecedented times call for exceptional measures. 5 free lookups per month. Business customers will also see asignificantone-time decrease in May. Mr. Crews is also executive vice president, finance and CFO of the companys vertically integrated rate-regulated electric utility subsidiary, Florida Power & Light Company, as well as CFO and a member of the board of directors 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. Ms. Kujawa is also president and a member of the board of directors of NextEra Energy Partners, LP, a growth-oriented limited partnership formed by NextEra Energy (NYSE: NEE) to acquire, manage and own contracted clean energy projects. He also led Deloittes power and utilities business segment. Eric In addition to payment plans, FPL can connect you with financial assistance at the local, state and federal level while its still available. Prior to joining NextEra Energy, Mr. Silagy served as vice president, mergers, acquisitions and divestitures at Entergy Wholesale Operations, and as vice president and managing director, Southeast Asia, for The Wing Group, a subsidiary of Western Resources. {{ userNotificationState.getAlertCount('bell') }}. Executive compensation is a combination of the cash and non-cash pay that an executive-level employee receives. 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. He was the plant general manager for construction, startup and operation of the Cape Canaveral Next Generation Clean Energy Center. Mr. Pimentel holds a Bachelor of Science degree in accounting from Florida State University. Find your next career with Americas leading 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. In early 2019, leaked emails showed Silagy told two subordinates to make Rodrguezs life a living hell seriously, a message an FPL vice president almost immediately forwarded to Matrix consultants. FPL CEO announces retirement in wake of political scandals - MSN FPL remains committed to helping support customers experiencing hardship during the coronavirus (COVID-19) global pandemic. Photos & Social Media. Armando Pimentel is president and chief executive officer (CEO) of Florida Power & Light Company (FPL), a subsidiary of NextEra Energy, Inc., and the largest investor-owned electric utility in the nation. NextEra Energy announces leadership succession at Florida Power From all of us at Florida Power & Light Company, welcome to the family. 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. Recently Eric Silagy announced his departure as CEO of Florida Power & Light (FPL), one of the nation's largest utility companies. If youre experiencing hardship as a result of COVID-19, FPL and federal, state and local authorities have resources available to help you. 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 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. A good place to learn more iswww.FPL.com/Help. He was appointed FPL president in December 2011, CEO in May 2014 and chairman in March 2022, according to the companys website. He is responsible for enterprise-wide power plant engineering and construction activities and enterprise-wide sourcing activities. The state senator went on to lose re-election by six votes. 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. 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. Top 10 Highest-Paid CEOs in Banking and Finance in 2021. 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. He was named president and CEO in March 2022 and became chairman of the board of directors in July 2022. Mr. Crews joined NextEra Energy in 2016 and has held various business and finance roles. Florida Power & Light CEO Eric Silagy announced his retirement on Wednesday. Best wishes for a safe and joyous new year. 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. Silagy denied knowing about the surveillance or directing the consultants to monitor Monroe covertly, which they did on at least two occasions. Challenging times call for exceptional measures, and FPL is here to support our customers most in need. Job Matching for Compensation Benchmarking. This week, we aretakingthe unprecedented step of askingthe Florida Public Service Commission to allow us to fast-track asignificantbill decreasebeginning in May. Want more of our free, weekly newslettersinyourinbox? (Neither Alabama Power nor its corporate parent, Southern Company, have commented on those disclosures.). The company says the move was not prompted by recent scandals. Bloomberg/Bloomberg via Getty Images Letsgetstarted. Cision Distribution 888-776-0942 This page is a promotion for ERIs Assessor Series and is not intended for professional use. 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. Mr. Reagan holds a Bachelor of Science degree in electrical engineering from Clarkson University. Possible Criminal & Traffic Records. Eric Silagy. 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. ", 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. 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 The utility did not disclose its intended use for the property, but it operates several solar farms to the east. WebEric E Silagy is a resident of FL. Mr. Reagan was named to this position in January 2020. 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. Eric Silagy Salary Infomation 2021 | ERI Economic Research Institute Money from the company also covertly secured favorable media coverage, investigations by the Orlando Sentinel, the Miami Herald, the Guardian, NPR, and Floodlight found. "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. 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. While Silagys announcement was accompanied by kind words from the chairman of NextEra, FPLs parent company, there is no doubt that his departure PublishedJanuary 25, 2023 at 9:52 AM CST, Today's Schedule for WUWF-HD2 (Classical), Today's Schedule for WUWF-HD3 (Sightline). I wish Eric and his family all the best on this next chapter in life.". Copyright 2023 NextEra Energy, Inc. All rights reserved. COVID-19 certainly hasnt made it any easier. Palm Beach Gardens, Florida, United States, If you're not automatically redirected, please click here. As we enter the hot summer months, many of us will likely continue to spend more time inside our homes than normal. The money was allegedly funneled through a network of tax-exempt nonprofits that obscured its origin. 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. Mr. Sieving was a frequent contributor to that firms publication on SEC and stock exchange developments. Florida Power & Light CEO Eric Silagy, who became embroiled in scandals involving the utility giants ties to political operatives who worked to secretly sway Forthe averageresidential customerwho currently pays about $96 eachmonth, this willresult ina one-time decrease of nearly25%on your May bill. Prior to joining NextEra Energy, Mr. Silagy served as vice president, mergers, acquisitions and divestitures at Entergy Wholesale Operations, and as vice It is comprised of yearly Base Pay and Bonuses. local news and culture, Alex DeLuca ", Commenting on Mr. Pimentel rejoining NextEra Energy, Ketchum said, "We welcome Armando back to our company. Executive Vice PresidentEngineering & Construction andIntegrated Supply Chain. Publicly Available Info. "I want to thank Eric for his 20 years of dedicated service to our company, our customers and the communities where we do business," said Mr. Ketchum. Does it still claim him? Prior to joining NextEra Energy, Mr. Crews was a partner at Deloitte & Touche, LLP. A gift of electricity can make a massive difference in someones life, especially during this challenging time. At NextEra Energy, were committed to our core values of being committed to excellence, doing the right thing and treating people with respect. Ketchum said NextEra was asking the FEC to dismiss the complaint. The no-party candidate, Alexis Alex Rodriguez, who did not campaign, received more than 6,000 votes. 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. In the Southeast, power company money flows to news sites that attack their critics, She was an ABC News producer. Prior to joining NextEra Energy in 2003, Mark spent several years overseeing construction and commissioning of new power plants worldwide, including at General Electric and Black & Veatch Inc. Mr. Lemasney earned a bachelors degree with honors in mechanical engineering from the Cork Institute of Technology in Ireland. 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.. 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. 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. On an adjusted basis, NextEra reported full-year earnings of $5.742 billion, or $2.90 per share, compared to $5.021 billion, or $2.55 per share, in 2021. Florida Power & Light CEO Eric Silagy announced his retirement on Wednesday. Eric Silagy. 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. million verified professionals across 35 million companies. It was also announced that Silagy, the president and CEO of FPL, will take on the added responsibility of chairman of FPL. Mr. Sieving has served as executive vice president & general counsel since he joined NextEra Energy in December 2008. Mr. Ketchum earned a Bachelor of Arts degree in economics and finance, graduating magna cum laude, from the University of Arizona. Our company has a strong track record of preparing for many kinds of emergencies, including a potential pandemic. 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. 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. Radioactive roads? President and CEO, Florida Power & Light Company, May 20, 2020, letter to customers from FPL President and CEO, Eric Silagy. 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. 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. Matrix operatives also gained control of the online news site The Capitolist during the 2020 election cycle, giving FPL executives, including Silagy, input on the outlets coverage. Ron DeSantis Tampa Bay hometown has evolved. Annie Martin is an investigative reporter and the Higher Education reporter for the Orlando Sentinel. Under the leadership of Eric Silagy, 54, the company has been tied to allegations of campaign finance violations, media manipulation, and the surveillance of critical journalists. 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. His previous roles at NextEra Energy Partners include president and chief financial officer. Ms. Kujawa serves on the board of directors for Nuclear Electric Insurance Limited. Mr. Crews had direct profit and loss responsibility of NextEra Energy Resources approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021. All rights reserved. Executive Vice PresidentNuclear Division and Chief Nuclear Officer. We must work to earn your trust with every decision we make and we are committed to doing so. Get answers to some of our most frequently asked questions. Internal documents obtained by the Sentinel show that Silagy used a pseudonym email, Theodore Hayes, to communicate with consultant Jeff Pitts, who controlled Grow United, with the memos noting that one goal was to minimize all public reporting of entities and activities.. Common Compensation Terms and Formulas - January 2023.
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