Records anonymously delivered to the Orlando Sentinel in late 2021 showed FPL had given more than $10 million in recent years to dark-money groups controlled by the same network of consultants. During his career at Deloitte, Mr. Crews primarily served clients in the financial services and energy industries. Mr. Pimentel also previously served as executive vice president, finance, and chief financial officer of NextEra Energy. When typing in this field, a list of search results will appear and be automatically updated as you type. Join the New Times community and help support 1 in the electric and gas utilities industry on Fortune's 2022 list of "World's Most Admired Companies," recognized on Fortune's 2021 list of companies that "Change the World" and received the S&P Global Platts 2020 Energy Transition Award for leadership in environmental, social and governance. And, its why these policies will remain in effect through June. 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. Were of course interested and continue to work with JEA, looking at what the opportunity is. Given the current travel restrictions and guidance from health officials, it is unlikely we will be able to amass a restoration workforce of that size and with less people it simply takes longer to restore power. June 1, 2020, letter to customers from FPL President and CEO, Eric Silagy. She serves on the boards for the HR Policy Association, the Health Transformation Alliance, the Center for Energy Workforce Development, the Association to Advance Collegiate Schools of Business, the Urban League-Palm Beach County and the American Heart Association-Palm Beach County. Its CEO, Mark Crosswhite, stepped down in December. 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. 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. He also served as president and a member of the board of NextEra Energy Partners, LP from June 2014 until March 2019. And, well do it while delivering electricity thats clean, reliable and increasingly affordable. ", Commenting on Mr. Pimentel rejoining NextEra Energy, Ketchum said, "We welcome Armando back to our company. John Ketchum, chairman, president, and chief executive officer of NextEra Energy, FPLs parent company, will become chairman of FPL on Feb. 15. Earlier this month, the reporting by the Orlando Sentinel, Florida Times-Union, and the Miami Herald prompted four Democratic lawmakers to ask state regulators to conduct an audit of FPL, the largest utility company in the nation and a monopoly regulated by the Florida Public Service Commission. He is a certified Six Sigma Black Belt and holds a Florida Professional Engineering license. Top 10 Highest-Paid CEOs in Banking and Finance in 2021. 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. 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. Chairman, President and Chief Executive Officer, Executive Vice President & General Counsel. Earlier, he served in the business management organization with responsibility for several wind, solar, hydroelectric and natural gas assets. Mark Lemasney is executive vice president of the power generation division of NextEra Energy, Inc., a leading clean energy company. 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. While it may be the last thing on your mind, hurricane season is here. 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. COVID-19 certainly hasnt made it any easier. It also serves most of Floridas eastern coast and Southwest Florida counties south of the Tampa Bay area. "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. President & Chief Executive Officer. We are taking the spread of this virus seriously and we urge our customers to do the same. 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. Company Name. 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. sustainable energy company. However, this year presents the unique challenge of potentially dealing with a hurricane and a global pandemic at the same time. More recently, the company hired an outside law firm to look more broadly at the company's actions. Palm Beach Gardens, Florida, United States, If you're not automatically redirected, please click here. Prior to joining NextEra Energy, Mr. Silagy served as vice president, mergers, acquisitions and divestitures at Entergy Wholesale Operations, and as vice 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. We are honored to serve you and Northwest Florida. Robert (Bob) Coffey is the Chief Nuclear Officer of NextEra Energys Nuclear Fleet. Below is a list of the top 10 highest-paid CEOs for the most recent complete fiscal year: 2021. WebEric E Silagy, 57. 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. 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. Florida Power & Light, one of the largest utilities in the country, abruptly announced the retirement of its chief executive after a tenure marked by strong financial returns, moves toward greener energy and multiple scandals. 5 free lookups per month. No credit card required. 5 free lookups per month. No credit card required. If you need more lookups, subscriptions start at $39 USD/month. Not the Eric Silagy you were looking for? Find contact details for 700 million professionals. In order to do this, you may continue to see FPL team members working in your communities, performing work such as tree trimming, executing undergrounding and hardening projects and even requesting access to your property to check on equipment. While Silagys announcement was accompanied by kind words from the chairman of NextEra, FPLs parent company, there is no doubt that his departure As we enter the hot summer months, many of us will likely continue to spend more time "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. Under his leadership, the company operates over 62,000 megawatts of generating capacity at more than 300 sites across the U.S. and Canada, as well as 1,100 miles of pipeline. Mr. Reagan was named to this position in January 2020. During major hurricanes, we typically bring in tens of thousands of out-of-state workers from across the country to help us restore power. To benchmark total compensation for executives, we recommend subscribing to ERIs Assessor Platform. This week, we aretakingthe unprecedented step of askingthe Florida Public Service Commission to allow us to fast-track asignificantbill decreasebeginning in May. These enhancements tangibly benefited customers during hurricanes Irma and Matthew in recent years and shaved many days off the restoration effort. Mr. Lemasney directs power production activities for all renewable and clean energy power plants of NextEra Energys principal subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC. Eric Silagy. 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. Initially, he served as NextEra Energy's and FPL's CFO. 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. 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. United States, Florida, Tallahassee. I hope you and your family continue to be safe and well amid the ongoing disruptions associated with the coronavirus (COVID-19) pandemic. Bob most recently served as corporate nuclear vice president. "It has been an honor and privilege to lead the FPL team for more than a decade and I couldn't be more proud of the accomplishments we have delivered to our customers and the state of Florida," said Mr. 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. He was appointed to the board in 2019 by Gov. This includes adding more zero-emissions solar, pairing it with battery storage and even piloting innovative green hydrogen technology, that could potentially unlock 100% carbon-free electricity thats available 24 hours a day. ERIs database has data from proxy statements going back to the year 2000 to help compensation professionals price executive compensation packages. Ron DeSantis. Live from NextEra officials say that investigation is close to completion. Top 10 Highest-Paid CEOs in the United States in 2021. 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. FPL CEO Eric Silagy (left) speaks with Gov. local news and culture, Alex DeLuca Related To Laura Silagy, Angela Silagy, Joseph Silagy, 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. In response to the stories, FPL has repeatedly denied any wrongdoing. 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 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. A proxy statement is a document that all publicly traded companies on the United States stock exchange are required to file annually. Ron DeSantis Tampa Bay hometown has evolved. He also led Deloittes power and utilities business segment. The company says the move was not prompted by recent scandals. FPL CEO Eric Silagy (left) speaks with Gov. Resides in Palm Beach Gardens, FL. In a South Florida race, the tactic helped oust state Sen. Jos Javier Rodrguez, one of FPLs chief antagonists in the Legislature. He has also served as chief financial officer of NextEra Energy and as chief financial officer of FPL. Long-term incentives, like stock and option awards, Perquisites, like use of a company car or country club membership. He was appointed president and CEO in February 2023. 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. Family Data. Statewide, the company has more than 5.7 million accounts, or more than 12 million people, according to its website. Well send you a rundown on local, state and national politics coverage every Thursday. 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. Mr. Sieving was a frequent contributor to that firms publication on SEC and stock exchange developments. NextEra Energy Resources is the worlds largest generator of renewable energy from the wind and sun, and a world leader in battery storage. Please know that this work is essential to keeping our electric grid operating smoothly as we approach hurricane season, and support their efforts by practicing appropriate social distancing and know that they will extend the same courtesy to you. Silagy has denied any knowledge of the spoiler candidate scheme, apparently intended to help Republicans win the three races.
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