NextEra Energy Announces Executive Shake-up

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Florida-based clean energy company NextEra Energy Inc. has announced a number of leadership changes.

First, Armando Pimentel, president and CEO of NextEra Energy Resources LLC, the company’s power generation subsidiary, will be retiring on March 1 as part of a planned leadership succession process.

John Ketchum, currently executive vice president and chief financial officer (CFO) of NextEra Energy, will replace Pimentel as president and CEO of NextEra Energy Resources. Rebecca Kujawa, currently vice president of business management at NextEra Energy Resources, will succeed Ketchum as executive vice president and CFO of NextEra Energy.

“Armando has been an enormous contributor to NextEra Energy’s success during his more than 10 years with the company, helping to build an industry-leading business during his tenure as CEO of NextEra Energy Resources,” comments Jim Robo, chairman and CEO of NextEra Energy. “His steady leadership, business acumen and financial discipline has steered Energy Resources through a period of unprecedented growth and financial success that saw a doubling of our combined solar and wind generation capacity and a significant increase in net income contribution.

“Years from now, we will look back at Armando’s tenure and recognize the important path that he has paved for NextEra Energy and the renewables sector,” Robo continues. “It is an understatement to say we will miss him, but we are also excited for Armando and what will come in his next chapter.”

Ketchum has served as CFO of NextEra Energy since March 2016. He has worked for the company for more than 16 years and has a diverse background in finance, legal, business and commercial transactions. He is currently a member of the board of directors of NextEra Energy Partners LP. As part of his new responsibilities, Ketchum will continue to serve as a member of the board and will be appointed president of NextEra Energy Partners.

Kujawa joined NextEra Energy in February 2007 and has held a number of roles, including vice president of business management for the Midwest and international region for NextEra Energy Resources and, prior to that, director of investor relations for NextEra Energy. Prior to joining the company, Kujawa worked as senior vice president of research for Stanford Group Co. and senior equity analyst for Avalon Research Group. She started her career as an equity derivatives sales trader for Goldman Sachs & Co. in New York.

In her new role, Kujawa will have responsibility for accounting, forecasting, tax, treasury, investor relations, risk management and information technology. She will also become a member of the board of directors of NextEra Energy Partners.

All appointments will be effective March 1.

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