secwatch.observer — SEC 8-K summary
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Issuer:     FLORIDA POWER & LIGHT CO (—)
CIK:        0000037634
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000753308-24-000025
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NextEra Energy appoints Brian Bolster as CFO; Crews transitions to Chief Risk Officer
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- Brian Bolster named CFO of NextEra Energy and Florida Power & Light, effective May 6, 2024.
- Bolster succeeds T. Kirk Crews II, who becomes EVP & Chief Risk Officer.
- Bolster's base salary set at $950,000 with annual incentive target of 70%; equity awards of $3.4M target value.
- Bolster also receives $3M sign-on package ($1.5M cash, $1.5M restricted stock) subject to clawback/vesting.
- Bolster previously served as Partner Managing Director at Goldman Sachs, heading Natural Resources IB.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37634/000075330824000025/0000753308-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37634/000075330824000025/nee-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000753308-24-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer