Bob most recently served as corporate nuclear vice president. He is also a life-long Floridian who cares deeply about serving our customers. As Floridians, each of us has a fundamental responsibility to prepare for hurricane season. Before that, he was a partner in the Corporate, Securities and Finance Practice Group of Hogan & Hartson, L.L.P. 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. Silagy and FPL, however, have been embroiled in a controversy about allegations that the utility was involved in shadowy behind-the-scenes efforts in 2018 and 2020 to elect Republicans to the Florida Senate. No credit card required. 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 Legislature considers flooding our streets with cancer-causing chemicals | Column, A Duke Energy contractor hit a pipe. 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. He was the plant general manager for construction, startup and operation of the Cape Canaveral Next Generation Clean Energy Center. Executive Vice PresidentEngineering & Construction andIntegrated Supply Chain. Silagy is to be replaced by Armando Pimentel, a former senior executive at NextEra Energy. Phone Number, Email and Address History. Were taking actions to protect our employees and others:Out of an abundance of caution and our commitment to protecting the health and safety of our employees and our customers, effectively immediately, we are temporarily suspending non-emergency in-home and in-business visits. During his career at Deloitte, Mr. Crews primarily served clients in the financial services and energy industries. Related To Laura Silagy, Angela Silagy, Joseph Silagy, The company says the move was not prompted by recent scandals. Ahora la informacin que necesitas sobre tu servicio elctrico est disponible en espaol en FPL.com. That statement was made before additional rounds of damaging disclosures prompted the investigation by the outside law firm. 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. Copyright 2023, Florida Power & Light Company. Republican Ileana Garcia won the election by 32 votes. Its why FPL implemented special crisis policies in mid-March and immediately suspended electrical disconnections while offering payment extensions and waiving late fees. A new year often brings fresh perspective. Ron Reagan is executive vice president of engineering & construction and integrated supply chain for NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. In addition to payment plans, FPL can connect you with financial assistance at the local, state and federal level while its still available. Were here to help:We know this is a difficult and unsettling time, but you are not alone. Lynn Hurtak defeats Janet Cruz in Tampa City Council runoff, CEO who turned Creative Pinellas into a thriving arts center is retiring. I know the last couple of months have not been easy and the weeks and months ahead will present many challenges, but I remain confident that we will overcome COVID-19 together and be stronger for it. Executive Vice PresidentPower Generation Division. (business & personal). June 1, 2020, letter to customers from FPL President and CEO, Eric Silagy. We must work to earn your trust with every decision we make and we are committed to doing so. This page is a promotion for ERIs Assessor Series and is not intended for professional use. Report: 350+ Books Banned in Florida School Districts Since Last July, Uber, Lyft Drivers Strike at Florida Airports to Demand Livable Wages, All 200+ Books Banned in Florida and What Miami Booksellers Have to Say About It, Miami Dolphins Fan Guide to the 2023 NFL Draft, Shareholders Reeling in Wake of Miami SPAC-Merger Deals, Carollo Abuse-of-Power Trial Moves Forward in Wake of Jury-Tampering Claim. 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. So, please take the time now tolearn moreabout how you can prepare for hurricane season. 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. Eric Silagy, of Palm Beach Gardens, is the President and CEO of Florida Power and Light Company. COVID-19 certainly hasnt made it any easier. He has also completed the Emerging CFO Strategic Financial Leadership Program at Stanford University. President and Chief Executive Officer of Florida Power and Light Company. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. A day later, Public Service Commission chairperson Andrew Fay responded with an unequivocal rejection of their request, saying that the commission has a long-standing prohibition on the inclusion of lobbying and other expenses, which have been determined to bring no benefit to ratepayers, among the expenses to be recovered through rates charged to the public for service., Fay added that when FPL filed its rate request, the appropriate auditing function was conducted during the commissions consideration of the most recent FPL rate case, and the audit produced no evidence that FPL used, or was intending to use, ratepayer funds for the private benefit of the companys lobbying, campaigning or marketing affairs.. Its parent company, NextEra Energy, has commissioned two separate investigations - one internal, All rights reserved. John Ketchum is chairman, president and chief executive officer (CEO) of NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. As neighbors and fellow Floridians, were in this together and FPL remains here to help, especially if you are experiencing hardship. March 13, 2020, letter to customers from FPL President and CEO, Eric Silagy. WebEric E Silagy, Nextera Energy Inc: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. Photos & Social Media. 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. So, thats probably all that were going to say on that today.. 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. Chairman, President and Chief Executive Officer, Executive Vice President & General Counsel. WebEric E Silagy, 57. Statewide, the company has more than 5.7 million accounts, or more than 12 million people, according to its website. Few are talking about it. Resides in Palm Beach Gardens, FL. The JEA board voted in July to explore privatization of the city-owned utility. The money was allegedly funneled through a network of tax-exempt nonprofits that obscured its origin. Job Matching for Compensation Benchmarking. If youre experiencing hardship as a result of COVID-19, FPL and federal, state and local authorities have resources available to help you. He is the head of the corporate legal department, with responsibility for the legal affairs of the company. 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. However, our plan would give you the total annual savings in a single months bill. FPL remains committed to helping support customers experiencing hardship during the coronavirus (COVID-19) global pandemic. And, in the case of FPLs two dozen solar power plants, we dont need anyone to operate them at all. 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. About half of FPLs accounts 2.9 million are in the tricounty area. Previously, Mr. Pimentel 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. 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. In November, the utility purchased 943 acres of farmland in western Palm Beach County from St. Lucie River Farm LLC for $15.9 million. hide caption. While it may be the last thing on your mind, hurricane season is here. 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. As Ive said before, these unprecedented times call for exceptional measures. from 8 AM - 9 PM ET. He also is vice chairman of the state university systems Board of Governors. 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. WebAs President and CEO of FPL at NEXTERA ENERGY INC, Eric E. Silagy made $15,081,835 in total compensation. Questions about recent news stories came up during NextEras fourth-quarter earnings call with financial analysts. FPL is the primary electric utility serving Broward, Palm Beach and Miami-Dade counties. Bloomberg/Bloomberg via Getty Images Of this total $1,400,000 was received as a salary, $1,960,000 was received as a bonus, $983,999 was received in stock options, $10,517,092 was awarded as stock and $220,744 came from other types of compensation. 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. Ron DeSantis Tampa Bay hometown has evolved. More recently, the company hired an outside law firm to look more broadly at the company's actions. 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. Mr. Ketchum holds a Master of Laws degree in taxation and a Juris Doctor from the University of Missouri-Kansas City School of Law, where he was managing editor of the Law Review. Earlier, he served in the business management organization with responsibility for several wind, solar, hydroelectric and natural gas assets. It is comprised of yearly Base Pay and Bonuses. Hillsboroughs only rape crisis center to open 2nd clinic. 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. FPL has faced allegations of campaign-finance violations. 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. In response to the stories, FPL has repeatedly denied any wrongdoing. Ms. Kujawa serves on the board of directors for Nuclear Electric Insurance Limited. FPLs relationship with two political nonprofit committees Grow United and Lets Preserve the American Dream has come under recent scrutiny as part of a criminal investigation by the Miami-Dade County state attorney into a ghost candidate scandal. Copyright 2023, Florida Power & Light Company. I encourage you touse these free toolsand discover even more ways to save. Ms. Kujawa holds the Chartered Financial Analyst designation and previously was a member of the New York Stock Exchange and National Association of Securities Dealers joint committee on the research analyst qualification exams. Best wishes for a safe and joyous new year. Lived In Spring TX, Houston TX, Shreveport LA, Washington DC. ", Commenting on Mr. Pimentel rejoining NextEra Energy, Ketchum said, "We welcome Armando back to our company. 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. Become a member to support the independent voice of South Florida No credit card required. Silagy, CEO since 2014, will depart the company in April. Executive Vice PresidentNuclear Division and Chief Nuclear Officer. Prior to joining NextEra Energy, Mr. Pimentel was a partner at Deloitte & Touche and held various client and leadership positions in the financial services and energy industries. Internationally, companies are required to file Canadian Information Circulars, EU/UK Annual Reports, etc., depending on the companys location. Similar Profiles, Chief of Staff @ u.s Senator J Bennett Johnston. 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. And, its why these policies will remain in effect through June. 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 Forthe averageresidential customerwho currently pays about $96 eachmonth, this willresult ina one-time decrease of nearly25%on your May bill. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. 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. Protect yourself by learning how to spot a scam. 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. To view more detailed proxy data including previous years contact our sales team. NextEra Energy Inc. Eric Silagymade $15,553,964in total compensation as President and Leaks from Matrix revealed Silagy at times used a pseudonymous email address to communicate with Matrix operatives, including to receive a proposal in late 2019 for how FPL money could be secretly filtered through a network of entities to make political contributions. I hope you and your family continue to be safe and well amid the ongoing disruptions associated with the coronavirus (COVID-19) pandemic. NextEra officials say that investigation is close to completion. Artiles has pleaded not guilty to the charges. The value of stock and option awards plus long term incentives granted. Prior to joining NextEra Energy, Mr. Silagy served as vice president, mergers, acquisitions and divestitures at Entergy Wholesale Operations, and as vice Subsequent leaks led to additional damaging stories about the utility. FPL CEO Eric Silagy (left) speaks with Gov. 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. Florida Power & Light CEO Eric Silagy announced his retirement on Wednesday. We take very seriously our duty to serve you and understand the foundational role FPL plays in responding to the coronavirus challenge by providing the critical infrastructure and electricity that powers our states hospitals, health care facilities, emergency response centers and, of course, your homes and businesses. COVID-19 certainly hasnt made it any easier. Published January 25, 2023 at 9:52 AM CST. Mr. Crews earned a Bachelor of Science in accounting with a minor in leadership studies from theUniversity of Richmond. 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. Location. Ron DeSantis. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. 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. Long-term incentives, like stock and option awards, Perquisites, like use of a company car or country club membership. 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. Sign up for a free account. 5 free lookups per month. We have mobile and online tools available for your convenience: And, well do it while delivering electricity thats clean, reliable and increasingly affordable. Eric Silagy made $15,553,964 in total compensation as President and Chief Executive Officer of Florida Power and Light Company at NextEra Energy Inc in 2021. Most recently, he served as vice president, business management for NextEra Energy Resources, the worlds largest generator of renewable energy from the wind and sun and a world leader in battery storage. He was appointed to the board in 2019 by Gov. The state senator went on to lose re-election by six votes. 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. 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. 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. 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. Florida Power & Light Co. President and CEO Eric Silagy said Friday the company is looking at bidding to buy JEA. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. Ms. Caplan holds a bachelors degree in aerospace engineering from the University of Michigan and a masters degree in manufacturing engineering from Boston University. The company says the move was not prompted by recent scandals. I want you to know that Florida Power & Light Companys commitment to serve you before, during and after a storm remains unchanged. Mr. Ketchum is also chairman of the companys rate-regulated electric utility Florida Power & Light Company (FPL) as well as chairman and CEO 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. Silagy also talked about FPL's role in convincing JEA to decommission and demolish the coal-fired St. Johns River Power Park in 2018. 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. Mr. Ketchum joined NextEra Energy in 2002. 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. We understand that everyones situation is different and we will work closely with you to create a plan that meets your needs while ensuring you are able to fulfill your personal commitment to your FPL balance. 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. These enhancements tangibly benefited customers during hurricanes Irma and Matthew in recent years and shaved many days off the restoration effort. 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. Palm Beach Gardens, Florida, United States, If you're not automatically redirected, please click here. Armando has deep knowledge of our company and our culture and he will bring incredible discipline and industry experience to his role leading FPL. Top 10 Highest-Paid CEOs in the United States in 2021. WebEric Silagy, President and CEO, Florida Power & Light Company FPL Northwest FL To ensure you have the best experience and receive the correct information at all times, Professionals should subscribe to ERIs Assessor Series. While the conditions we are facing have changed, our commitment to you has not: we will work around the clock and we wont stop until everyones power is restored. President and Chief Executive Officer Florida Power & Light Company. 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. The last year of Silagy's leadership was marked by high natural gas prices; the global supply chain crisis; two disastrous hurricanes; and a barrage of damning media reports. Blogger must say if he was paid to publish posts about candidate, judge rules. Mark Lemasney is executive vice president of the power generation division of NextEra Energy, Inc., a leading clean energy company. information at all times, you will see FPL Northwest FL throughout your President and CEO, Florida Power & Light Company, May 20, 2020, letter to customers from FPL President and CEO, Eric Silagy. Up to 5 The no-party candidate, Alexis Alex Rodriguez, who did not campaign, received more than 6,000 votes. 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. 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." Were working hard to bring you the latest news from the states legislative session. I wish Eric and his family all the best on this next chapter in life.". $3,360,000 was received as Total Cash, $11,501,091 was received as Equity and $692,873 was received as Pension and other forms of compensation. 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. 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 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. billing, payments and web experiences. 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. We are taking the spread of this virus seriously and we urge our customers to do the same. His previous roles at NextEra Energy Partners include president and chief financial officer. 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. WebSilagy remains the vice chair of the Florida Board of Governors, which oversees the state university system. He and his wife Courtney live in Tequesta, Florida with their two children, Carrigan and Brogan. Mr. Silagy has worked for NextEra Energy for nearly two decades. Get contact details including emails and phone numbers 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 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. The utility did not disclose its intended use for the property, but it operates several solar farms to the east. 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. United States, Florida, Tallahassee. Below is a list of the top 10 highest-paid CEOs for the most recent complete fiscal year: 2021. Initially, he served as NextEra Energy's and FPL's CFO. Rebecca Kujawa is the president and chief executive officer ofNextEra Energy Resources, LLC, a competitive energy supplier with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021. No one at FPL has been accused of wrongdoing by authorities and the company has said an internal review cleared its employees. We urge you to be ready, too. Email. Mr. Sieving was a frequent contributor to that firms publication on SEC and stock exchange developments. 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. Does it still claim him? 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. In 2017, he was promoted to his current position. While Silagys announcement was accompanied by kind words from the chairman of NextEra, FPLs parent company, there is no doubt that his departure Alissa Jean Schafer. FPL is prepared to respond during a pandemic. Join the New Times community and help support And with travel restrictions and social distancing, well need to reevaluate what a smart evacuation plan looks like. 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. Importantly, I want you to have confidence that FPL wont stop delivering affordable, reliable power that you can count on day in, day out. He also served our nuclear organization as vice president for the southern region and site vice president for multiple sites. 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.