NextEra Energy Names New Chief Risk, Finance Officers
By Colin Kellaher
NextEra Energy has named top finance executive Kirk Crews to the newly created post of executive vice president and chief risk officer.
NextEra on Monday said Brian Bolster, a partner at Goldman Sachs and a 25-year veteran of the firm, will succeed Crews as executive vice president of finance and chief financial officer of the Juno Beach, Fla., clean-energy company and finance chief of its majority owned NextEra Energy Partners.
Crews, who joined NextEra in April 2016, had been chief financial officer since March 2022.
NextEra said Bolster, who joined the energy and power group at Goldman Sachs as an associate in 1999 and became a partner in 2012, was serving as the firm's of natural resources in the Americas.
The company said Bolster, 52 years old, will receive a base salary of $950,000, a $1.5 million cash sign-on bonus and an annual bonus with a target of 70% of his base pay.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 06, 2024 08:09 ET (12:09 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst
-
How GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks