JUNO BEACH, Fla., March 1, 2016 /PRNewswire/ -- NextEra
Energy, Inc. (NYSE: NEE) today announced that, as part of a
previously announced leadership succession plan, John Ketchum has been appointed executive vice
president, finance, and chief financial officer following the
retirement of Moray P. Dewhurst, vice chairman and chief financial
officer. The leadership transition plan was announced in
February 2015. Ketchum's appointment
is effective March 4, 2016.
"As I shared last year when we announced our planned leadership
transition, Moray has been a key member of our senior leadership
for well over a decade and is recognized as one of the premier CFOs
in the industry," said Jim Robo,
chairman and chief executive officer of NextEra Energy. "His
leadership and counsel helped guide us through a period of
exceptional growth and success. He has been a great friend,
colleague and valued counselor to me personally, and I know I speak
for all employees when I say we will miss him. We wish Moray and
his family the best."
In his new role, Ketchum has responsibility for accounting,
forecasting, tax, treasury, investor relations, risk management and
information management.
"I'm extremely pleased to have John lead our finance functions
and serve as our chief financial officer," said Robo. "Moray and
John have worked very closely during the past year as part of our
long-planned transition, and I have every confidence in John as he
assumes his new responsibilities. Having been an integral part of
NextEra Energy for the past 14 years, John has distinguished
himself as an exceptional leader with a proven track record. His
strong commercial sense, deep finance and tax expertise, and
in-depth knowledge of our company and industry will serve him well.
I look forward to working with John and the other members of
NextEra Energy's leadership team as we work to achieve our vision
of being North America's clean
energy leader and create value for our shareholders."
Ketchum, who also has been appointed chief financial officer and
a member of the board of NextEra Energy Partners, LP (NYSE: NEP),
has a diverse finance, legal, business and commercial transactions
background with experience in domestic and international project
development, project finance, mergers and acquisitions, dispute
resolution, tax, corporate governance, corporate finance,
securities, bankruptcy, operations, risk management, finance and
accounting.
He joined NextEra Energy in 2002 and has held various business,
finance and legal roles. Most recently, he served as senior vice
president, finance for NextEra Energy. Ketchum also has served in a
variety of leadership roles within NextEra Energy Resources,
including senior vice president, business management and finance,
with responsibility for the CFO organization and the financial
performance of the generation portfolio. In addition, he held the
positions of general counsel and corporate secretary for NextEra
Energy Resources. Prior to joining the company, Ketchum served as
corporate counsel to TECO Energy and as a corporate and securities
law associate for Holland &
Knight, LLP in Tampa, Fla. He
began his career as a tax lawyer for Lathrop & Gage in
Kansas City, Mo., and, prior to
that, worked in corporate banking. Ketchum earned a Bachelor of
Arts degree in economics and finance from the University of Arizona and a Master of Laws degree
in taxation and a Juris Doctor from the University of Missouri - Kansas City School of
Law.
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE)
is a leading clean energy company with consolidated revenues of
approximately $17.5 billion,
approximately 46,400 megawatts of generating capacity, which
includes megawatts associated with noncontrolling interests related
to NextEra Energy Partners, LP (NYSE: NEP), and approximately
14,300 employees in 27 states and Canada as of year-end 2015. Headquartered in
Juno Beach, Fla., NextEra Energy's
principal subsidiaries are Florida
Power & Light Company, which serves more than 4.8
million customer accounts in Florida and is one of the largest
rate-regulated electric utilities in the
United States, and NextEra Energy Resources, LLC, which,
together with its affiliated entities, is the world's largest
generator of renewable energy from the wind and sun. Through its
subsidiaries, NextEra Energy generates clean, emissions-free
electricity from eight commercial nuclear power units in
Florida, New Hampshire, Iowa and Wisconsin. NextEra Energy has been recognized
often by third parties for its efforts in sustainability, corporate
responsibility, ethics and compliance, and diversity, and has been
ranked No. 1 in the electric and gas utilities industry in
Fortune's 2016 list of "World's Most Admired Companies." For more
information about NextEra Energy companies, visit these websites:
www.NextEraEnergy.com, www.FPL.com,
www.NextEraEnergyResources.com.
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SOURCE NextEra Energy, Inc.