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JUNO BEACH, Fla. - NextEra Energy, Inc. (NYSE: NEE), a utility giant with a market capitalization of $151 billion, has revealed a planned leadership transition at its competitive power generation subsidiary, NextEra Energy Resources, LLC. Rebecca Kujawa, the current president and CEO, will retire on May 22, 2025, with Brian Bolster set to take over her roles. Concurrently, Mike Dunne will step into Bolster’s previous position as executive vice president, finance and CFO at NextEra Energy. According to InvestingPro data, the company maintains strong financial health metrics with an overall "Fair" rating.
Kujawa’s retirement concludes an 18-year tenure with the company, during which she has been credited with significant contributions to NextEra Energy Resources’ growth and strategic direction. Under her leadership, the company has maintained impressive dividend payments for 55 consecutive years, with a current dividend yield of 3.08%. Kujawa expressed confidence in her successors, highlighting Bolster’s deep industry knowledge and Dunne’s financial expertise as assets that will continue to drive the company’s success.
Bolster joined NextEra Energy in May 2024, bringing nearly a quarter-century of experience from Goldman Sachs, where he had a substantial role in the natural resources sector. His background is expected to be beneficial in leading America’s largest energy infrastructure developer through upcoming growth opportunities.
Dunne, who became the treasurer of NextEra Energy in January 2023, has been instrumental in funding the company’s capital growth plans. His previous experience at Bank of America, where he focused on renewable energy and energy transition strategies, is anticipated to be valuable in his new role as CFO.
These appointments are part of a structured succession plan that has been in the works for several years, reflecting the company’s commitment to strategic leadership continuity.
NextEra Energy, headquartered in Juno Beach, Florida, is recognized as a leader in clean energy. It owns Florida Power & Light Company, the largest electric utility in the United States, and NextEra Energy Resources, a significant producer of renewable energy from wind, sun, and battery storage. The company’s subsidiaries also operate emissions-free nuclear power units in multiple states.
This leadership transition announcement is based on a press release statement from NextEra Energy, Inc. Investors seeking deeper insights can access comprehensive analysis through InvestingPro’s detailed research report, which is part of their coverage of over 1,400 US equities, providing essential metrics and expert analysis for informed investment decisions.
In other recent news, NextEra Energy Inc. and its subsidiary Florida Power & Light Company have submitted a proposal to the Florida Public Service Commission for a new four-year base rate plan starting in January 2026. The plan seeks to increase annual revenue requirements by approximately $1.545 billion in 2026 and an additional $927 million in 2027. Additionally, the plan includes a Solar and Battery Base Rate Adjustment to recover costs for solar and battery storage projects planned for 2028 and 2029. In another development, NextEra Energy announced the successful sale of $2 billion in First Mortgage Bonds, divided into three series with varying maturities. This bond sale is part of the company’s strategy to manage its capital structure effectively. Furthermore, the company declared a 10% increase in its quarterly dividend, raising it to $0.5665 per share, payable to shareholders of record as of February 28, 2025. This move aligns with NextEra Energy’s plan to grow its dividends annually by approximately 10% through at least 2026. These developments reflect NextEra Energy’s ongoing efforts to maintain financial stability and shareholder returns while expanding its clean energy initiatives.
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