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NextEra Energy, Inc. announced the transition of Chief Executive Officer James L. Robo to Executive Chairman of the Company's board of directors, effective March 1, 2022. Mr. Robo has been CEO of NextEra Energy since July 1, 2012. From 2012 to 2020, Mr. Robo realized $305,058,017 in total compensation.
On March 1, 2022, John W. Ketchum will assume the role of Chief Executive Officer. Mr. Ketchum currently serves as the President and Chief Executive Officer of NextEra Energy Resources, LLC. Upon his promotion, his annual target compensation will be as follows:
| Base Salary | Target Bonus | Long-Term Incentive Awards | Total Annual Compensation |
|
$1,500,000
|
$2,250,000 | $8,750,000 | $12,500,000 |
To view the details of this transition, please click here.
Mr. Robo is the 2nd CEO from the Equilar 500 to announce their resignation in 2022.
Research Analyst at Equilar
Mason Mu, Research Analyst at Equilar, authored this post. Please contact Amit Batish, Director, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis.
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