BNET Industries

Last Fiscal Year Sales:$11.6B
  • Private
  • US
Dow Jones Description

Electric Utility

Chief Executive Officer
Armando J. Olivera
Number of Employees 10,500
Contact Information

700 Universe Blvd

Juno Beach, Florida 33408-2657

www.fpl.com

(561) 694-4000

NAICS Code Electric Bulk Power Transmission and Control: 221121

Recent Events

  • BRIEF: Progress Energy seeks lower fuel surcharge

    9/15/09 - Bond / Stock Rating - View Story

  • Two PSC staffers resign as nuclear plant weighed

    9/10/09 - Bond / Stock Rating - View Story

News & Analysis

florida power & light co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Armando J. Olivera Chief Executive Officer
Lewis Hay III CEO
Christopher A. Bennett Vice President & Chief Strategy, Policy & Business Process Improvemen
K. Michael Davis Chief Accounting Officer & Vice President, Accounting
Michael Leighton COO & Senior Vice President
Moray P. Dewhurst CFO & Senior Vice President
Armando Pimentel Senior Vice President, Finance & Vice President
John A. Stall Senior Vice President, Nuclear Division
Michael O'Sullivan Senior Vice President
Robert H. Escoto Senior Vice President, HR, Vice President & Assistant Secretary
Dennis Klinger Vice President, Info Management
Edward F. Tancer Vice President
James P. Higgins Vice President
Jeff Bartel Vice President, External Affairs
Joseph M. DeVito Vice President
Lawrence Kelleher Vice President, HR
Mary Kromer Vice President, Corp Communications
R. Wade Litchfield Vice President & General Counsel
Robert Fritz Vice President
Robert L. McGrath Vice President, Engineering, Construction & Corp Services
Terry Morrison Vice President
Debra Robinson General Manager, Quality
Anita Sharma Director, Info Mgmt
John Haney Director, Marketing
Jill Gordon Manager
John Franklin General Manager, Quality
Kathy A. Beilhart Manager & Assistant Treasurer
Paul I. Cutler Treasurer & Manager
Rachel Scott Manager, Comm
Alex Perdomo Senior Rate Analyst
Chuck Warrington
Joaquin Leon Senior Attorney
Marla Hetzel Market Research Analyst
Rod Macon
Sajad J Shah Engineer
Shelly McPhaul

Board of Directors

Name (plus bio) Position
Antonio Rodriguez Board of Directors
James L. Robo Board of Directors

Armando Olivera is president and chief executive officer of Florida Power & Light Company (FPL), the rate-regulated electric utility subsidiary of FPL Group, Inc., and one of the largest investor-owned electric utilities in the nation. He was appointed president in June 2003. Under Mr. Olivera's leadership, FPL has invested heavily in ensuring reliable service and meeting strong current and projected growth in demand for electric power in its vast service territory. FPL has one of the most efficient fossil power plant fleets in the nation and has taken a number of additional actions to mitigate high fuel costs. The company has implemented an industry-leading program to harden its electric system against hurricanes as well as ensure everyday reliability. Mr. Olivera joined FPL in 1972 and has served in a variety of management positions in the areas of transmission and distribution operations, fuels management, and strategic planning and resource allocation. His position before becoming president was as senior vice president of FPL's Power Systems business unit. Mr. Olivera holds a Bachelor of Science degree in electrical engineering from Cornell University and a Master of Business Administration degree from the University of Miami. He also is a graduate of the professional management development program of the Harvard Business School. In 2007, Mr. Olivera was appointed by Florida Governor Charlie Crist to serve on the Florida Governor's Action Team on Energy and Climate Change, which is tasked with developing a comprehensive strategy that achieves targets for statewide greenhouse gas reductions. He is the current president of the Southeastern Electric Exchange, immediate past chairman of the Florida Reliability Coordinating Council (FRCC), and a member of the board of Enterprise Florida, as well as a member of Cornell University Engineering Council and Cornell University Council.

Organization Position Status
FPL Group, Inc. President and CEO Current
Florida Power & Light Company Chief Executive Officer Current
Florida Power & Light Company President Current
Southeastern Electric Exchange, Inc President Current
Florida Power & Light Company Board of Directors Current
Enterprise Florida, Inc. Board of Directors Current
Southeastern Electric Exchange, Inc Board of Directors Current
Nicor Inc. Board of Directors Current
University of Miami Master of Business Administration Degree Former

Lewis Hay III, 52, is Chairman and Chief Executive Officer of FPL Group, Inc., a public utility holding company, and is Chairman of both Florida Power and Light Company and FPL Energy, LLC. He joined FPL Group in 1999 as Vice President, Finance and Chief Financial Officer. From March 2000 until December 2001, he served as President of FPL Groupa s competitive energy subsidiary, FPL Energy, LLC. He was named President and Chief Executive Officer of FPL Group in June 2001 and relinquished the title of President in December 2006. He was named Chairman in January 2002. Mr. Hay has been a member of our Board since February 2002 and is Chairperson of the Corporate Governance Committee and a member of the Audit Committee. In addition to being a director of FPL Group, Mr. Hay is also a director of Capital One Financial Corporation, Chairman of the Board of the Institute of Nuclear Power Operations, a director of the Florida Council of 100, a member of the Business Roundtable and a member of the Business Board of Advisors of the Tepper School of Business at Carnegie Mellon University.

Organization Position Status
FPL Group, Inc. Chief Executive Officer Current
Florida Power & Light Company CEO Current
Florida Power Corp Chief Executive Officer Current
Assured Communications Chairman, President and Chief Executive Officer of Fpl Group, Inc. Current
FPL Group, Inc. Chief Financial Officer Current
FPL Group, Inc. Vice President, Finance Current
Florida Power Corp Chairman Current
Lightcompany Chairman Current
Institute of Nuclear Power Operations Chairman of The Board of Directors Current
Florida Power & Light Company Chair of Board Current
FPL Group, Inc. Chairman Current
Harris Communications International, Inc. Board of Directors Current
Capital One Financial Corporation Board of Directors Current
Edison Electric Institute Board of Directors Current
The Advisory Council Board of Directors Current
Nuclear Energy Institute Board of Directors Current
Exigent International Inc. Board of Directors Current
Florida Council Director Current
Assured Communications Board of Directors Current
FPL Group, Inc. Director Current
Harris Corporation Board of Directors Current
FPL Group, Inc. President Former
Florida Power & Light Company President Former
Capital One Financial Corporation Director Former
Carnegie Mellon University Master of Science Degree In Industrial Administration Former
University of Miami member Former

Organization Position Status
Florida Power & Light Company Vice President & Chief Strategy, Policy & Business Process Improvemen Current

Organization Position Status
FPL Group, Inc. Chief Accounting Officer Current
Florida Power & Light Company Chief Accounting Officer & Vice President, Accounting Current
FPL Group, Inc. Vice President, Accounting Former
FPL Group, Inc. Controller Current

Organization Position Status
Florida Power & Light Company COO & Senior Vice President Current

Organization Position Status
Florida Power & Light Company CFO & Senior Vice President Current
FPL Group, Inc. Vice Chairman and Chief of Staff Current
Florida Chamber of Commerce Current
Florida Power & Light Company Board of Directors Current
Mercer Management Consulting, Inc. senior partner Former
MIT Sloan School of Management master of science in management Former
Massachusetts Institute of Technology bachelor of science degree in naval architecture and marine engineering Former
Dean & Company member Former

Organization Position Status
Florida Power & Light Company Senior Vice President, Finance & Vice President Current

Organization Position Status
Florida Power & Light Company Senior Vice President, Nuclear Division Current
Florida Power & Light Company Board of Directors Former

Organization Position Status
Florida Power & Light Company Senior Vice President Current

Organization Position Status
Florida Power & Light Company Senior Vice President, HR, Vice President & Assistant Secretary Current
FPL Group, Inc. Vice President, Hr Current
Florida Power & Light Company Assistant Secretary Former

Organization Position Status
Florida Power & Light Company Vice President, Info Management Current

Organization Position Status
FPL Group, Inc. Vice Chairman & Senior Vice President, Governmental Affairs, State Current
FPL Group, Inc. Vice President Former
Florida Power & Light Company Assistant Secretary Former
Florida Power & Light Company Board of Directors Former

Organization Position Status
FPL Group, Inc. Vice President, Tax Current
Florida Power & Light Company Vice President Current

Organization Position Status
Florida Power & Light Company Vice President, External Affairs Current

Organization Position Status
Florida Power & Light Company Vice President Current

Organization Position Status
Florida Power & Light Company Vice President, HR Current
FPL Group, Inc. Vice President, HR Former

Organization Position Status
Florida Power & Light Company Vice President, Corp Communications Current
FPL Group, Inc. Vice President, Corp Comm & Marketing Current

Organization Position Status
Florida Power & Light Company Vice President & General Counsel Current

Organization Position Status
Florida Power & Light Company Vice President Current

Organization Position Status
FPL Group, Inc. Executive Vice President, Engineering, Construction & Corporate Services Current
FPL Group, Inc. Vice President, Engineering, Construction & Corp Services Former
FPL Energy, LLC Cfo Former

Organization Position Status
Florida Power & Light Company Vice President Current

Organization Position Status
Florida Power & Light Company General Manager, Quality Current

Organization Position Status
Florida Power & Light Company Director, Info Mgmt Current

Organization Position Status
Florida Power & Light Company Director, Marketing Current

Organization Position Status
Florida Power & Light Company Manager Current

Organization Position Status
Florida Power & Light Company General Manager, Quality Current

Organization Position Status
Florida Power & Light Company Manager & Assistant Treasurer Current

Organization Position Status
Florida Power & Light Company Treasurer & Manager Current
FPL Group, Inc. Assistant Secretary Current
FPL Group, Inc. Treasurer Current
Florida Power & Light Company Treasurer & Asstsec Former

Organization Position Status
Florida Power & Light Company Manager, Comm Current

Organization Position Status
Florida Gold Coast Alumni Chapter President, E Current
South East Region Regional Director Current
Florida Power & Light Company Senior Rate Analyst Current
Florida Gold Coast Alumni Chapter Board of Directors Current

Chuck Warrington is the Managing Director & Executive Officer of the Clearwater Gas System (CGS), the 35th largest publicly-owned gas system in America & the 4th largest municipally-owned gas system in Florida. CGS is one of the fastest growing gas systems in America (about +7%/year) and serves 18 municipalities in 2 counties in the fast growing Tampa Bay area of Florida with both natural & propane gas. Chuck is currently President of the Florida Natural Gas Association, which represents the 38 public and investor-owned gas systems in Florida, and is the Immediate Past President of the Florida Municipal Natural Gas Association. He is a Past Chairman of the American Public Gas Association, which represents the nearly 1,000 publicly-owned gas systems in America. Chuck is a 35-year utility professional with both electric & gas background, having served his 1st 20 years with Florida Power & Light Company in positions including General Manager of Miami, Florida, & State-wide Director of Customer Services. He was intimately involved in FPL's winning of the Japanese Deming Award for Quality. He is a graduate of Georgia Tech as well as the Utility Executive Management Training program at the University of Michigan.

Organization Position Status
Clearwater Gas System Managing Director Current
Clearwater Gas System Executive Officer Current
Florida Power & Light Company Current
Apga Chairman Current
Apga Board of Directors Former

Organization Position Status
Florida Power Corp Assistant Secretary Current
Florida Power & Light Company Senior Attorney Current
Law Department, Inc. Attorney Current
Florida Power Corp Board of Directors Current
University of Miami Juris Doctor Former
Louisiana State University Bachelor's of Science Degree In Electrical Engineering Former

Organization Position Status
Rbff Director, Research & Evaluation Current
Plantation Gen Hospital Director of Marketing Current
Florida Power & Light Company Market Research Analyst Current
Rbff Manager, Research & Evaluation Former
Johnson & Johnson Market Research Analyst Former

Rod Macon has worked for Florida Power & Light for 35 years, holding various positions in engineering, power services, consumer services, marketing, commercial operations, sales and external affairs. As regional manager for external affairs, he is responsible for government affairs and community relations. Macon is on boards for the Economic Council of Palm Beach County, United Way, Children?s Services Council and more. He received his bachelor?s degree from the University of Florida, an M.B.A. from Florida Atlantic University and a D.B.A. from Nova University.

Organization Position Status
Florida Power & Light Company Current
Chamber of Commerce of The Palm Beaches Board of Directors Current

Organization Position Status
Florida Power & Light Company Engineer Current
The Borderhounds Current
Florida International University Former

Ms. McPhaul was born and raised in California and recently relocated to Sylvester. She is currently employed by Florida Power & Light in the construction of wind power facilities around the country. She works from her home office and periodically travels to work sites. She has worked in the power industry for the past 20 years and was in retail sales prior to that.

Organization Position Status
Bestfriendshumanesociety.Org Vice President, Director Current
Florida Power & Light Company Current
Bestfriendshumanesociety.Org Board of Directors Current

Organization Position Status
Florida Power & Light Company Board of Directors Current
Florida Power & Light Company Vice President Former

Organization Position Status
Presidential Forum On Renewable Energy President & Chief Operating Officer: Florida Power & Light Current
FPL Group, Inc. President Former
FPL Group, Inc. Chief Operating Officer Current
FPL Group, Inc. Vice President of Corporate Development and Strategy Current
J.B. Hunt Transport Services, Inc. Class II Director Current
J.B. Hunt Transport Services, Inc. Board of Directors Current
Presidential Forum On Renewable Energy Board of Directors Current
Florida Power & Light Company Board of Directors Current
FPL Energy, LLC President Former
Florida Power & Light Company Vice President, Corp Development Former
J.B. Hunt Transport Services, Inc. * Former
Mercer Management Consulting, Inc. Former
Harvard College BA Former
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