Powered by ERI's Executive Compensation Assessor, Director, President and Chief Executive Officer, Chairman of the Board and Chief Executive Officer, Chief Executive Officer and Chairman of the Board. 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 Watch the Florida Legislature live: The Florida Channel, a public affairs programming service funded by the Legislature, livestreams coverage at thefloridachannel.org. 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. These documents are required to be sent out before a shareholder meeting to give shareholders insight into how the company is performing, as well as plans for how the company will be focused and managed in the upcoming year. Importantly, I want you to have confidence that FPL wont stop delivering affordable, reliable power that you can count on day in, day out. I wish Eric and his family all the best on this next chapter in life.". 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. Asked by Wall Street analysts during an earnings call on Wednesday whether Silagy's retirement was in any way prompted by those reports, the parent company's chief executive asserted that was not the case. The papers also reported that a member of the Jacksonville City Council who didnt want to sell the citys utility company to FPL was offered a job that was arranged by consultants for FPL in an unsuccessful attempt to get him to resign from the commission. Well send you a rundown on local, state and national politics coverage every Thursday. Silagy is to be replaced by Armando Pimentel, a former senior executive at NextEra Energy. Mr. Reagan holds a Bachelor of Science degree in electrical engineering from Clarkson University. Photos & Social Media. "We're not making a connection," said John Ketchum, CEO of NextEra Energy. We realize that these are difficult and unsettling times and we are committed to doing our part to help you navigate the uncertainty while we continue to deliver the clean, reliable and affordable electricity you depend on. He also is vice chairman of the state university systems Board of Governors. 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. Sign up for a free account. 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. - Our cutting-edge, smart grid-powered Energy Manager and Energy Analyzer are both available online to help you manage your energy usage. 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. We will never ask for your personal information over the phone or demand payment using money orders or gift cards. Its parent company, NextEra Energy, has commissioned two separate investigations - one internal, Lived In Spring TX, Houston TX, Shreveport LA, Washington DC. Palm Beach Gardens, Florida, United States, If you're not automatically redirected, please click here. We want to make sure were doing everything we can to support you just as we always have because turning off the lights due to non-payment remains a last resort. This information is derived from proxy statements filed for the 2021 fiscal year. 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. He served as a national office clearing partner, consulting with clients on complex accounting and reporting matters. Executive Vice PresidentNuclear Division and Chief Nuclear Officer. 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. 5 free lookups per month. Recently Eric Silagy announced his departure as CEO of Florida Power & Light (FPL), one of the nation's largest utility companies. Mr. Eric E. Silagy has been president of FPL since December 2011. That statement was made before additional rounds of damaging disclosures prompted the investigation by the outside law firm. Radioactive roads? He added that the company would soon challenge the complaint and call for its dismissal. 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. The list is ordered by the highest total pay and not the highest salary. 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. In the Southeast, power company money flows to news sites that attack their critics, She was an ABC News producer. In 2017, he was promoted to his current position. He was appointed FPL president in December 2011, CEO in May 2014 and chairman in March 2022, according to the companys website. 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. He has also completed the Emerging CFO Strategic Financial Leadership Program at Stanford University. Related To Laura Silagy, Angela Silagy, Joseph Silagy, Cision Distribution 888-776-0942 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. However, our plan would give you the total annual savings in a single months bill. 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. 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. 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. 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. Prior to joining NextEra Energy, Mr. Pimentel was a senior partner at Deloitte & Touche LLP. 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. President and Chief Executive Officer of Florida Power and Light Company. Find your next career with Americas leading
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. To benchmark total compensation for executives, we recommend subscribing to ERIs Assessor Platform. 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. Silagy also talked about FPL's role in convincing JEA to decommission and demolish the coal-fired St. Johns River Power Park in 2018. FPL has faced allegations of campaign-finance violations. 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. 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. Alissa Jean Schafer. United States, Florida, Tallahassee. Its CEO, Mark Crosswhite, stepped down in December. But that doesnt mean looking over the horizon is always easy. While our decision 20 years ago to modernize our power plants was not done with a global pandemic in mind, being able to generate electricity with fewer people physically located at the plants is advantageous. The announcement did not detail the reasons for Silagys retirement. Up to 5 Top 10 Highest-Paid Athletic Heads at Nonprofits 2022. Challenging times mustbe met with exceptional measures, and thisunconventional and unprecedentedactionwillprovide you with the opportunity to save as much money as possible duringthis uncertain economic time. NPR and Floodlight also reported in December that people working at Florida Power & Light's political consulting firm had paid a veteran ABC News freelance producer to try to trip up politicians who took stances opposed to the energy utility's economic interests. Helpful information for you to know before you pay your bills. John Ketchum, chairman, president, and chief executive officer of NextEra Energy, FPLs parent company, will become chairman of FPL on Feb. 15. Executive Vice PresidentHuman Resources and Corporate ServicesNextEra Energy, Inc. Deborah Caplan is executive vice president of human resources and corporate services for NextEra Energy, Inc., a leading clean energy company. COVID-19 certainly hasnt made it any easier. 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. them with making Rodrguez's life "a living hell.". information at all times, you will see FPL Northwest FL throughout your We are honored to serve you and Northwest Florida. He also completed the Emerging CFO Strategic Financial Leadership Program at Stanford University. Due to our efficiency and lower fuel prices, we have significantly reduced the amount of money we spendon fuel andplan to passthesesavingson to you as soon as possible. We are honored to serve you and Northwest Florida. 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. NextEra Energy, Inc. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered inJuno Beach, Florida. Common Compensation Terms and Formulas - January 2023. In 2015, he was named senior vice president, corporate development, strategy, quality and integration. FPL CEO Eric Silagy (left) speaks with Gov. Silagy, the former lobbyist turned CEO of Florida Power & Light, one of the nation's largest electric companies and Florida's most fearsome power broke will retire. Clarification: This story was updated on Jan. 27, 2022, to reflect that the Jacksonville job was arranged by consultants for FPL, not directly by the company. You can request a quote here. 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. 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. Be aware of scammers:Scammers continue to target FPL customers, threatening disconnection of service and asking for immediate payment over the phone. 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. Were working hard to bring you the latest news from the states legislative session. For example, hardening efforts such as stronger power poles and more neighborhood power lines underground will lead to less damage to our system. 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. 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. He has served in this role since the partnerships formation in 2014 and formerly served as a board member of the general partner of NextEra Energy Partners from May 2014 to August 2017. FPL has long been one of the most-powerful business and political players in Florida. Join the New Times community and help support 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. Relatives, Associates, Neighbors. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. And, well do it while delivering electricity thats clean, reliable and increasingly affordable. Executive compensation is a combination of the cash and non-cash pay that an executive-level employee receives. He was appointed president and CEO in February 2023. 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. What compensation data can we get from these disclosures? 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. President and Chief Executive Officer Florida Power & Light Company. Robert (Bob) Coffey is the Chief Nuclear Officer of NextEra Energys Nuclear Fleet. In fact, during recent storms, utilities in other parts of the country have already encountered this very challenge. Floridians are no strangers to difficult crises and Im confident that, together, we will become even stronger from our current challenges. And through it all, FPL will stay focused on delivering you the affordable, reliable power that you have come to count on. 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. 2023 ERI Economic Research Institute, Inc. ALL Rights Reserved. "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. Doing the right thingis a core value forFPL, which is why wewill always do the right thing for our customers. In October 2011, he was named president and CEO of NextEra Energy Resources,LLC, the company's competitive power generation subsidiary, a position he held until March 2019 when he retired. 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. He also served our nuclear organization as vice president for the southern region and site vice president for multiple sites. Importantly, these enhancements will help us restore power safely during a pandemic. 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. 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. 45,000 gallons of treated wastewater dumped into Boca Ciega Bay, Tampa owner of Outback, Flemings aims to keep prices steady in 2023, What Biden said about DeSantis, Florida and Disney at DC press dinner, Prominent Florida political consultants may face criminal charges in sham candidate case, Get Capitol Buzz, a special bonus edition of The Buzz with Emily L. Mahoney, each Saturday while the Legislature is meeting, Florida Senate sponsor agrees to weaken preemption bill. 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. 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.. As we have since March 2020, we will continue working closely with customers who contact us to do everything we can to avoid turning the lights off for nonpayment, which is and has always been a last resort. June 1, 2020, letter to customers from FPL President and CEO, Eric Silagy. 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. 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. A new year often brings fresh perspective. 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. 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. NextEra Energy Inc. Eric Silagymade $15,553,964in total compensation as President and Family Data. WebEric E Silagy is a resident of FL. Pleaseview available resourcesonline or contact us directly at 800-226-3545. WebAs President and CEO of FPL at NEXTERA ENERGY INC, Eric E. Silagy made $15,081,835 in total compensation. Sun Sentinel staff writer Ron Hurtibise contributed to this news article. The company says the move was not prompted by recent scandals. Protect yourself by learning how to spot a scam. 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. Ron DeSantis. Initially, he served as NextEra Energy's and FPL's CFO. He is a member of the Board of Directors of the 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. 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. 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. WebBuilding a more resilient and sustainable energy future From all of us at Florida Power & Light Company, welcome to the family. Eric Silagy, the president and CEO of Florida Power & Light along with Gera Peoples, the vice president and chief litigation counsel for NextEra Energy and David John Ketchum is chairman, president and chief executive officer (CEO) of NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company. 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. He was appointed to the board in 2019 by Gov. 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. DeSantis has this advantage over Trump in 2024. 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.. Executive Vice PresidentPower Generation Division. In addition to payment plans, FPL can connect you with financial assistance at the local, state and federal level while its still available. Learn about the latest updates for North American minimum wage changes on a monthly basis. "When John (Ketchum) became CEO of NextEra Energy last year, I committed to him that I would stay in my role for at least one more year and I've now satisfied that commitment, Silagy said in a prepared statement. "I 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.
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