NextEra Energy CEO Ketchum's New Employment Agreement
Ticker: NEE-PV · Form: 8-K · Filed: Jul 10, 2024 · CIK: 753308
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: NEE
TL;DR
NextEra Energy just inked a new deal with CEO John Ketchum, locking in his comp for the future.
AI Summary
On July 9, 2024, NextEra Energy, Inc. announced changes to its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its President and Chief Executive Officer, John T. Ketchum, effective July 9, 2024. This agreement outlines his compensation and other terms of employment.
Why It Matters
This filing details the updated employment terms for the CEO, which can impact investor confidence and the company's future financial performance.
Risk Assessment
Risk Level: low — The filing concerns routine executive compensation adjustments and does not indicate any significant financial distress or operational issues.
Key Players & Entities
- NextEra Energy, Inc. (company) — Registrant
- John T. Ketchum (person) — President and Chief Executive Officer
- July 9, 2024 (date) — Effective date of new employment agreement
FAQ
What is the effective date of John T. Ketchum's new employment agreement?
The new employment agreement for John T. Ketchum is effective as of July 9, 2024.
Who is the President and Chief Executive Officer of NextEra Energy, Inc.?
John T. Ketchum is the President and Chief Executive Officer of NextEra Energy, Inc.
What type of filing is this for NextEra Energy, Inc.?
This is a Form 8-K Current Report filed by NextEra Energy, Inc.
What is the principal executive office address for NextEra Energy, Inc.?
The principal executive offices are located at 700 Universe Boulevard, Juno Beach, Florida 33408.
What is the IRS Employer Identification Number for NextEra Energy, Inc.?
The IRS Employer Identification Number for NextEra Energy, Inc. is 59-2449419.
Filing Stats: 802 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2024-07-10 14:10:54
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value NEE New York Stock Exchange
- $145,000 — consists of an annual cash retainer of $145,000, which amount for Mr. Martha will be pr
- $185,000 b — centive plan and determined by dividing $185,000 by the closing price of the common stock
Filing Documents
- nee-20240709.htm (8-K) — 26KB
- nee-20240709_g1.jpg (GRAPHIC) — 290KB
- 0000753308-24-000044.txt ( ) — 884KB
- nee-20240709.xsd (EX-101.SCH) — 3KB
- nee-20240709_def.xml (EX-101.DEF) — 15KB
- nee-20240709_lab.xml (EX-101.LAB) — 28KB
- nee-20240709_pre.xml (EX-101.PRE) — 16KB
- nee-20240709_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: July 9, 2024 NEXTERA ENERGY, INC. (Registrant) CHARLES E. SIEVING Charles E. Sieving Executive Vice President & General Counsel