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. However, our plan would give you the total annual savings in a single months bill. "We're not making a connection," said John Ketchum, CEO of NextEra Energy. Artiles has pleaded not guilty to the charges. We are honored to serve you and Northwest Florida. He is a member of the New York, Washington, D.C., and Ohio bars. Mr. Hickson holds a bachelors degree in aerospace engineering from Texas A&M University and a Master of Business Administration degree from Columbia University, where he graduated with honors. ERI's Executive Compensation Assessor makes it easy to benchmark executive compensation packages for planning and reporting. Senator J. Bennett Johnston of Louisiana in several capacities, including chief of staff. As we enter the hot summer months, many of us will likely continue to spend more time 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. Here are some things Id like for you to know: Were monitoring COVID-19 closely:As part of our standard preparedness protocol, we have been closely monitoring and assessing the impact of COVID-19 and urging our employees to follow recommendations from the Centers for Disease Control and Prevention and the World Health Organization for protecting themselves and others from this virus. I wish Eric and his family all the best on this next chapter in life.". If you havent already subscribed, please consider buying a print or digital subscription. 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. I dont want our children and grandchildren to inherit a mess because of the decisions we made or refused to make today. President and Chief Executive Officer of Florida Power and Light Company, Contact us to find out more about the compensation structure for, The following Interpublic Group (IPG) board members are connected to Mr. Eric Silagy. 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. In response to the stories, FPL has repeatedly denied any wrongdoing. Possible Criminal & Traffic Records. WebEric Silagy. During his career at Deloitte, Mr. Crews primarily served clients in the financial services and energy industries. Mr. Ketchum joined NextEra Energy in 2002. WebEric E Silagy, Nextera Energy Inc: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. 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. 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. 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. Five people have been criminally charged in connection to the ghost candidate scheme, including two of the candidates. NPR media correspondent David Folkenflik reported this story with Mario Ariza of Floodlight, a nonprofit newsroom that investigates the powerful interests stalling climate action. Silagy has denied any knowledge of the spoiler candidate scheme, apparently intended to help Republicans win the three races. And, its why these policies will remain in effect through June. $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. Weve been through many storms together and, through it all, weve come out stronger. And, in the case of FPLs two dozen solar power plants, we dont need anyone to operate them at all. 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. 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. WebBuilding a more resilient and sustainable energy future From all of us at Florida Power & Light Company, welcome to the family. And, well do it while delivering electricity thats clean, reliable and increasingly affordable. 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. It also serves most of Floridas eastern coast and Southwest Florida counties south of the Tampa Bay area. 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. 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. FPL is prepared to respond during a pandemic. 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. There is a tremendous amount of misinformation being spread, particularly on the internet and through some social media channels, so please use trusted sources of information such as the CDC, World Health Organization or national news organizations to learn the latest information. At Entergy (NYSE: ETR), we power life. 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. 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. From 1996 to 1998, Mr. Pimentel worked in the Office of the Chief Accountant of the U.S. Securities and Exchange Commission as a professional accounting fellow. John Ketchum, chairman, president and CEO, NextEra Energy, is named chairman, FPL. He also worked for U.S. If we need to interact with you or enter your home or business for an emergency, we will be practicing social distancing for your safety and the safety of our employees. Learn about common compensation terms and formulas that businesses use and stay updated on new salary and compensation terminology with ERI. Email. 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. Phone Number, Email and Address History. Best wishes for a safe and joyous new year. 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. If youre experiencing hardship as a result of COVID-19, FPL and federal, state and local authorities have resources available to help you. Florida Power & Light CEO Eric Silagy, who became embroiled in scandals involving the utility giants ties to political operatives who worked to secretly sway elections and influence news coverage, is retiring after more than a decade leading the company. 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.. They cited utilities expert Karl Rabagos testimony in the rate case, in which he noted that FPL spent millions of dollars in dues paid to certain politically active trade associations and cited the commissions own documents in the rate case. 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.". 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. Copyright 2023 NextEra Energy, Inc. All rights reserved. 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 legislators responded on Jan. 10, saying they considered the commissions review incomplete given the news stories. DeSantis has this advantage over Trump in 2024. He was appointed to the board in 2019 by Gov. NextEra Energy is ranked No. The company is headquartered in Juno Beach in northern Palm Beach County. As we continue to navigate the coronavirus (COVID-19) crisis together,I wantedto sharea bit ofgood news with you. John Ketchum is chairman, president and chief executive officer (CEO) of NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. Find your next career with Americas leading
Silagy denied knowing about the surveillance or directing the consultants to monitor Monroe covertly, which they did on at least two occasions. He was appointed president in December 2011 and CEO in May 2014. As Floridians, each of us has a fundamental responsibility to prepare for hurricane season. 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. 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. Mr. Reagan was named to this position in January 2020. Lived In Spring TX, Houston TX, Shreveport LA, Washington DC. We have mobile and online tools available for your convenience: Ms. Caplan is also a member of the International Womens Forum. All rights reserved. Direct. After more than a decade leading Florida Power & Light (FPL), the state's largest power company, Eric Silagy is retiring. Ms. Kujawa earned a Bachelor of Arts degree in public policy studies and graduated with honors from Duke University. 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. Money from the company also covertly secured favorable media coverage, investigations by the Orlando Sentinel, the Miami Herald, the Guardian, NPR, and Floodlight found. He also previously worked as an accounting fellow with the Office of the Chief Accountant of the Securities and Exchange Commission. Prior to joining NextEra Energy, Mr. Crews was a partner at Deloitte & Touche, LLP. Chairman, President and Chief Executive Officer, Executive Vice President & General Counsel. NextEra Energy, Inc. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered inJuno Beach, Florida. Eric Silagy, President and CEO, Florida Power & Light Company. The sum of all cash payments made to an individual for services during a given year. "I think it took a toll," Ketchum said Wednesday of the multiple crises. 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. Florida Power & Light Co. President and CEO Eric Silagy said Friday the company is looking at bidding to buy JEA. Utility executives also were in close contact with the consultants as they surveilled Florida Times-Union columnist Nate Monroe, who had written critically about FPLs attempts to sway Jacksonville City Council members as it tried to acquire the city-owned utility. - FPLs Mobile App is the easiest way to manage your bill or report an outage. 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. Ketchum said NextEra was asking the FEC to dismiss the complaint. We apologize for this inconvenience and are working to fix the issues as quickly as possible. To benchmark total compensation for executives, we recommend subscribing to ERIs Assessor Platform. "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. While FPL is more prepared than ever to respond to a hurricane, you should expect that the pandemic will undoubtedly create extraordinary challenges that may ultimately delay restoration. Contact Information. What compensation data can we get from these disclosures? Mr. Hickson is also executive vice president, strategy and corporate development of NextEra Energy Partners, LP (NYSE: NEP), a growth-oriented limited partnership formed by NextEra Energy, Inc. NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. These enhancements tangibly benefited customers during hurricanes Irma and Matthew in recent years and shaved many days off the restoration effort. To ensure you have the best experience and receive the correct 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. Armando Pimentel, a former president and chief executive officer of NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, will become FPL president and CEO. The announcement did not detail the reasons for Silagys retirement. 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. New Orleans, Louisiana, LA, United States, US, View WebPresident and Chief Executive Officer Florida Power & Light Company READ MORE Rebecca J. Kujawa President and Chief Executive Officer NextEra Energy Resources, No credit card required. The company also said it will seek dismissal of a complaint filed last year at the Federal Election Commission and do not believe it is appropriate for a complaint such as this to move forward.. Mr. Sieving has served as executive vice president & general counsel since he joined NextEra Energy in December 2008. June 1, 2020, letter to customers from FPL President and CEO, Eric Silagy. A gift of electricity can make a massive difference in someones life, especially during this challenging time. Silagy is to be replaced by Armando Pimentel, a former senior executive at NextEra Energy. The reporting also found that the same FPL consultants have been involved in setting up front groups to advance FPLs political agenda, and paid activists to promote FPLs interests. 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. He also served as president and a member of the board of NextEra Energy Partners, LP from June 2014 until March 2019. 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. FPL remains committed to helping support customers experiencing hardship during the coronavirus (COVID-19) global pandemic. On Tuesday, it became clear that Wall Street had noticed the stories. million verified professionals across 35 million companies. As for Silagy's departure, Ketchum said, "It's a little earlier than Eric would've wanted to do it.". And, after a storm clears, our team of drone pilots will be able to quickly assess damage so we can pinpoint where to dispatch crews. The complaint implicated Florida Power & Light in election law violations because of alleged attempts to obscure the source of the political donations. NextEra officials say that investigation is close to completion. We have also implemented the same policies that we do during major crisis events and are suspending electrical disconnections, providing payment extensions and waiving certain late payment fees for customers in a hardship situation. independent local journalism in Miami. COVID-19 certainly hasnt made it any easier. Mr. Crews earned a Bachelor of Science in accounting with a minor in leadership studies from theUniversity of Richmond. ERIs database has data from proxy statements going back to the year 2000 to help compensation professionals price executive compensation packages. FPL.com is optimized for the following browsers and mobile operating systems: IE 11+, Firefox 55+, Chrome 70+, Safari 9+, Apple iOS 10+ and Android 6+. 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. 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. He served as a national office clearing partner, consulting with clients on complex accounting and reporting matters. sustainable energy company. Eric Silagy, of Palm Beach Gardens, is the President and CEO of Florida Power and Light Company. Bob served in the U.S. Navy Nuclear Submarine Force from 1982 to 2003 and retired as a senior chief electrician. FPL has long been one of the most-powerful business and political players in Florida. Mark Lemasney is executive vice president of the power generation division of NextEra Energy, Inc., a leading clean energy company. FPL is the primary electric utility serving Broward, Palm Beach and Miami-Dade counties. 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. And through it all, FPL will stay focused on delivering you the affordable, reliable power that you have come to count on. Mr. Silagy also spent time working for NextEra Energy Resources, LLC, where he served as vice president and general manager of the southern region, and vice president of business development. This includes limiting access to our control centers to essential personnel only and putting various processes and procedures in place that are designed to limit the spread of the virus. A new year often brings fresh perspective. WebContact Info. Mr. Ketchum earned a Bachelor of Arts degree in economics and finance, graduating magna cum laude, from the University of Arizona. January 25, 2023 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. Sign up for our newsletter: Get Capitol Buzz, a special bonus edition of The Buzz with Emily L. Mahoney, each Saturday while the Legislature is meeting. She is a certified Six Sigma Master Black Belt. 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. 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. 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. 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. 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. 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. In 2017, he was promoted to his current position. 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.. Just as I have no doubt that we will overcome COVID-19, I am confident that Floridians will rise to the occasion if a hurricane comes our way this year. In the Southeast, power company money flows to news sites that attack their critics, She was an ABC News producer. Want more of our free, weekly newslettersinyourinbox? NextEra Energy Inc. Eric Silagymade $15,553,964in total compensation as President and 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. A good place to learn more iswww.FPL.com/Help. Below is a list of the top 10 highest-paid CEOs for the most recent complete fiscal year: 2021. free lookups / month. He also serves on the board of directors of the general partner of NextEra Energy Partners. 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 United States, Florida, Tallahassee. 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. He is the head of the corporate legal department, with responsibility for the legal affairs of the company. He joined the companys rate-regulated electric utility subsidiary, Florida Power & Light Company, in 1990 and held operational and management positions in the power generation division. In fact, during recent storms, utilities in other parts of the country have already encountered this very challenge. 5 free lookups per month. Heres why. As the coronavirus (COVID-19) situation unfolds, I want to share three simple words with you:We are ready. The value of stock and option awards plus long term incentives granted.
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