NextEra Energy CEO James Robo's 2020 pay rises 8% to $24M
NextEra Energy reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
NextEra Energy reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, five executives at NextEra Energy received on average a compensation package of $9.9M, a 23% increase compared to previous year.
James L. Robo, Chief Executive Officer, received $24M in total, which increased by 8% compared to 2019. 55% of Robo's compensation, or $13M, was in stock awards. Robo also received $952K of change in pension value and nonqualified deferred compensation earnings, $4.8M in non-equity incentive plan, $3M in option awards, $1.5M in salary, as well as $367K in other compensation.
For fiscal year 2020, the median employee pay was $134,919 at NextEra Energy. Therefore, the ratio of James L. Robo's pay to the median employee pay was 176 to one.
Eric E. Silagy, Chief Executive Officer, received a compensation package of $8.8M, which increased by 15% compared to previous year. 49% of the compensation package, or $4.3M, was in stock awards.
John W. Ketchum, Chief Executive Officer, earned $7.5M in 2020, a 22% increase compared to previous year.
Charles E. Sieving, General Counsel, received $5.2M in 2020, which increases by 10% compared to 2019.
Rebecca J. Kujawa, Chief Financial Officer, earned $4.3M in 2020, a 34% increase compared to previous year.