NextEra Energy Resources has named John Ketchum as its new chief executive and president, replacing the retiring Armando Pimentel.
Ketchum is the chief financial officer at NextEra Energy. He is being replaced by Rebecca Kujawa, who is currently vice president of business management at NextEra Energy Resources.
NextEra Energy Resources is the competitive power generation subsidiary of NextEra Energy.
NextEra Energy chief executive Jim Robo said: “Armando has been an enormous contributor to NextEra Energy’s success during his more than 10 years with the company, helping to build an industry-leading business during his tenure as CEO of NextEra Energy Resources.
“His steady leadership, business acumen and financial discipline has steered Energy Resources through a period of unprecedented growth and financial success that saw a doubling of our combined solar and wind generation capacity and a significant increase in net income contribution.
“Years from now we will look back at Armando’s tenure and recognise the important path that he has paved for NextEra Energy and the renewables sector.
“It is an understatement to say we will miss him, but we are also excited for Armando and what will come in his next chapter.”
Robo said that Ketchum is an “exceptional leader” with a “strong finance and commercial expertise and deep knowledge” of the Energy Resources business.
“He is uniquely suited for his new responsibilities as president and CEO of NextEra Energy Resources and president of NextEra Energy Partners, and I look forward to his leadership in these new roles,” Robo said.
Meanwhile, NextEra Energy reported adjusted earnings of $3673m last year, compared with $3165m in 2017.
The company said that its Energy Resources subsidiary added about 6.5GW of renewables capacity to its contracted backlog, and commissioned 2.7GW of wind and solar projects, including 900MW of repowering schemes.