Leadership change Rebecca J. Kujawa departed as CEO, NextEra Energy Resources (from CEO, NEER) · DEF 14A, 2026-04-01

NextEra Energy, Inc. ·NEE

Two operating-company CEOs report directly to the parent CEO

Energy · Fortune #173 · Divisional structure · 17K employees · Juno Beach, FL

View as of:
4
CEO span
↓ tighter than peers (avg 8)
4
Avg span
moderate
2
Max depth
2 levels
3 yr
Avg tenure
↓ 1.0yr from FY2024
50%
Internal hires
near industry avg
Consolidated financials FY2012 · period end 2012-12-31 · 10-K
Revenue
$14.3B
Operating income
$8.3B
Net income
$6.8B
Total assets
$212.7B
Shares out
2.08B

Sourced from NextEra Energy, Inc. DEF 14A · filed 2026-04-01 ↗ View on SEC

Interactive org chart

NextEra Energy, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Two operating-company CEOs report directly to the parent CEO, highlighting NextEra Energy’s distinctive divisional structure. This page outlines the executive org chart, leadership tenure, and recent changes, with analysis and peer comparisons for context.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Terrell Kirk Crews II departed as Executive Vice President and Chief Risk Officer

Resigned effective March 20, 2026.

Source · See change log

Scenario views in the chart

  • Add Group COO Role Introduce a Chief Operating Officer to consolidate oversight of FPL and Energy Resources operations.
  • Rebuild Risk Function Re-establish a dedicated Chief Risk Officer role following the 2026 resignation.

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The people

Who's running this

5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

John W. Ketchum

Chairman, President and Chief Executive Officer

Executive

5 yr

4 reports

Michael H. Dunne

Executive Vice President, Finance and Chief Financial Officer

Finance

1 yr

0 reports

Brian W. Bolster

President and Chief Executive Officer, NextEra Energy Resources

Energy Resources

1 yr

0 reports

Armando Pimentel, Jr.

Chief Executive Officer, Florida Power & Light

Regulated Utilities

3 yr

0 reports

internal

Charles E. Sieving

Executive Vice President, Chief Legal, Environmental and Federal Regulatory Affairs Officer

Legal & Regulatory

8 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

John W. Ketchum $24.2M
Base salary
$1.61M
Stock awards
$12.87M
Option awards
$3.10M
Non-equity incentive
$5.12M
Pension change
$978K
Other
$515K
Fiscal year
FY2025

The businesses

How NextEra Energy, Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

NextEra Energy Resources

8K employees

President and CEO (Brian W. Bolster)

Develops, owns and operates renewable energy generation assets across North America.

Florida Power & Light

9K employees

CEO (Armando Pimentel, Jr.)

Regulated electric utility serving customers across Florida.

Corporate Functions

1K employees

Chairman, President and CEO (John W. Ketchum)

Provides finance, legal, governance and strategic oversight for the enterprise.

The thesis

Why this org is unusual

Two large operating-company CEOs—NextEra Energy Resources and Florida Power & Light—report directly to the parent CEO.

This structure keeps capital allocation and strategy centralized at the holding-company level while allowing each operating business to retain full P&L leadership. The absence of a group COO reinforces the CEO’s direct oversight of both growth-oriented renewables and regulated utility operations.
  • No group COO
  • Direct reporting of FPL and NEER CEOs

The comparison

How NextEra Energy, Inc. stacks up

Compared with other large U.S. utilities, NextEra Energy maintains a more pronounced divisional model with strong subsidiary CEOs. Peers such as Duke Energy and Southern Company rely more heavily on regional or functional consolidation under a COO or president, whereas NextEra concentrates authority in two operating …

C-suite size

Reporting depth

NextEra Energy, Inc.
2 levels
5 levels
4 levels

Avg C-suite tenure

NextEra Energy, Inc.
3 yr
4 yr

Has COO / Has CAIO

NextEra Energy, Inc. — no COO — no CAIO
Duke Energy ✓ COO — no CAIO
Southern Company ✓ COO — no CAIO
Dominion Energy ✓ COO — no CAIO
Exelon — no COO — no CAIO

Current signals

What changed recently

The most significant recent change was the resignation of Chief Risk Officer Terrell Kirk Crews II in March 2026.

  • departed
    Terrell Kirk Crews II Executive Vice President and Chief Risk Officer

    Resigned effective March 20, 2026.

    Source
  • promoted
    Michael H. Dunne Chief Financial Officer

    Appointed CFO effective May 22, 2025.

    Source
  • departed
    Rebecca J. Kujawa President and CEO, NextEra Energy Resources

    Retired effective May 22, 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-01
CEO
John W. Ketchum
CEO span
4
C-suite
5
Avg tenure
3 yr

Structure centered on two major operating subsidiaries reporting directly to the CEO.

Named executive officers (5)
  • John W. Ketchum - CEO since 2021
  • Michael H. Dunne - CFO since 2025
  • Brian W. Bolster - CEO, NEER since 2025
  • Armando Pimentel, Jr. - CEO, FPL since 2023
  • Charles E. Sieving - Chief Legal Officer since 2017
FY2024
DEF 14A filed 2025-04-01
CEO
John W. Ketchum
CEO span
5
C-suite
6
Avg tenure
4 yr

Energy Resources leadership transitioned in 2025.

Named executive officers (5)
  • John W. Ketchum - CEO since 2021
  • Brian W. Bolster - CFO since 2024
  • Rebecca J. Kujawa - CEO, NEER since 2022
  • Armando Pimentel, Jr. - CEO, FPL since 2023
  • Charles E. Sieving - Chief Legal Officer since 2017

Year-over-year changes

FY2024 → FY2025

The 2025–2026 period saw a streamlined C-suite following the Energy Resources CEO retirement and CFO transition.

  • CEO span: 5 → 4
  • C-suite size: 6 → 5
  • Avg tenure: 4 → 3 yr
  • departed Rebecca J. Kujawa - CEO, NextEra Energy Resources (was CEO, NEER) (DEF 14A, 2026-04-01)
  • promoted Michael H. Dunne - Chief Financial Officer (was Executive Vice President, Finance) (DEF 14A, 2026-04-01)

Frequently Asked Questions

Who is the CEO of NextEra Energy?

John W. Ketchum has served as Chairman, President and CEO since 2021.

What type of organizational structure does NextEra Energy use?

NextEra Energy uses a divisional structure centered on major operating subsidiaries.

How many direct reports does NextEra Energy's CEO have?

The CEO has four direct reports, including the CEOs of FPL and NextEra Energy Resources.

How has NextEra Energy's leadership changed recently?

Recent changes include the March 2026 resignation of Chief Risk Officer Terrell Kirk Crews II and the 2025 CFO transition.

Does NextEra Energy have a COO?

No, NextEra Energy does not have a group COO; operating-company CEOs report directly to the CEO.

Sources

  • 8-K Filing, Mar 2026
  • Company Proxy, Apr 2026
  • SEC EDGAR: NextEra Energy, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: NextEra Energy, Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). NextEra Energy, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/nextera-energy/
MLA 9th
"NextEra Energy, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/nextera-energy/. Accessed .
Chicago 17
Creately. "NextEra Energy, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/nextera-energy/.
Original SEC source View on SEC ↗
NextEra Energy, Inc.. DEF 14A. Filed 2026-04-01. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/753308/000110465926038551/tm261592-1_def14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/nextera-energy/ · last updated 2026-04-01

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