NextEra Energy CEO James Robo's 2018 pay rises 14% to $21M
NextEra Energy reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
NextEra Energy reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five executives at NextEra Energy received on average a compensation package of $9.1M, a 17% increase compared to previous year.
Average pay of disclosed executives at NextEra Energy
James L. Robo, Chief Executive Officer, received $21M in total, which increased by 14% compared to 2017. 54% of Robo's compensation, or $12M, was in stock awards. Robo also received $855K of change in pension value and nonqualified deferred compensation earnings, $4.5M in non-equity incentive plan, $2.6M in option awards, $1.4M in salary, as well as $388K in other compensation.
For fiscal year 2018, the median employee pay was $125,365 at NextEra Energy. Therefore, the ratio of James L. Robo's pay to the median employee pay was 170 to one.
Armando Pimentel, Jr, Chief Executive Officer, received a compensation package of $6.7M, which increased by 16% compared to previous year. 49% of the compensation package, or $3.3M, was in stock awards.
Eric E. Silagy, Chief Executive Officer, earned $6.6M in 2018, a 26% increase compared to previous year.
Manoochehr K. Nazar, President, Nuclear Division and Chief Nuclear Officer of NextEra Energy and FPL, received $5.7M in 2018, which increases by 10% compared to 2017.
John W. Ketchum, Chief Financial Officer, earned $5M in 2018, a 31% increase compared to previous year.
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Source: SEC filing on April 5, 2019.