NextEra Energy CFO Armando Pimentel appointed president, CEO of utility's competitive power generation subsidiary, NextEra Energy Resources; Moray Dewhurst named vice chairman, CFO of NextEra Energy
JUNO BEACH, Florida
October 5, 2011
– NextEra Energy, Inc., (NYSE: NEE) today announced the following organizational changes, which are effective immediately:
Armando Pimentel, currently Executive Vice President and Chief Financial Officer of NextEra Energy, Inc., is named President and CEO of NextEra Energy Resources, the company's competitive power generation subsidiary. Pimentel joined the company as CFO in 2008. He replaces Mitch Davidson, who has decided to leave the company.
Moray Dewhurst is named Vice Chairman and Chief Financial Officer of NextEra Energy. Dewhurst served as the company's CFO from 2001 to 2008. He has served in his present role as Vice Chairman and Chief of Staff of NextEra Energy since 2009, and will retain those responsibilities.
"Armando has played an important role in the evolution and execution of NextEra Energy's business strategy since joining the company and will bring a wealth of experience, including superb financial acumen, to his new role. Moray is a proven leader with deep experience in the CFO role," said NextEra Energy Chairman and CEO Lew Hay.
NextEra Energy, Inc.
NextEra Energy, Inc., (NYSE: NEE) is a leading clean energy company with 2010 revenues of more than $15 billion, nearly 43,000 megawatts of generating capacity, and approximately 15,000 employees in 28 states and Canada. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are NextEra Energy Resources, LLC, which together with its affiliated entities is the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves approximately 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country. Through its subsidiaries, NextEra Energy collectively operates the third largest U.S. nuclear power generation fleet. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.NextEraEnergyResources.com, www.FPL.com.