Market Overview

Nextera Energy's Lew Hay To Step Down As Ceo In 2012, Retire In 2013


Lewis "Lew" Hay, III, 56, today announced that he intends to retire from NextEra Energy, Inc. (NYSE: NEE), at the end of 2013 as part of a planned leadership succession process. Mr. Hay will step down as CEO effective July 1, 2012.

The Board of Directors today appointed Mr. Hay to serve as Executive Chairman from July 1, 2012, until his retirement, and appointed James L. Robo, 49, currently President and Chief Operating Officer of NextEra Energy, to succeed Mr. Hay as Chief Executive Officer of the company, effective July 1, 2012. It is anticipated that Mr. Robo will be appointed to the Board of Directors on or about the effective date of his appointment as CEO.

Posted-In: News Management


Related Articles (NEE)

View Comments and Join the Discussion!

Partner Center