NextEra Energy CEO James Robo's 2019 pay rises 2% to $22M
NextEra Energy reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
NextEra Energy reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, seven executives at NextEra Energy received on average a compensation package of $8.1M, a 11% decrease compared to previous year.
James L. Robo, Chief Executive Officer, received $22M in total, which increased by 2% compared to 2018. 54% of Robo's compensation, or $12M, was in stock awards. Robo also received $907K of change in pension value and nonqualified deferred compensation earnings, $4.6M in non-equity incentive plan, $2.8M in option awards, $1.5M in salary, as well as $381K in other compensation.
For fiscal year 2019, the median employee pay was $129,735 at NextEra Energy. Therefore, the ratio of James L. Robo's pay to the median employee pay was 169 to one.
Eric E. Silagy, Chief Executive Officer, received a compensation package of $7.6M, which increased by 16% compared to previous year. 48% of the compensation package, or $3.7M, was in stock awards.
Armando Pimentel, Jr, Chief Executive Officer, earned $7.1M in 2019, a 7% increase compared to previous year.
John W. Ketchum, Chief Executive Officer, received $6.2M in 2019, which increases by 24% compared to 2018.
Manoochehr K. Nazar, President, Nuclear Division of NextEra Energy and FPL, earned $5.8M in 2019, a 2% increase compared to previous year.
Charles E. Sieving, General Counsel, received $4.7M in 2019.
Rebecca J. Kujawa, Chief Financial Officer, earned $3.2M in 2019.
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