NextEra Energy announces appointment of Nicole S. Arnaboldi to board of directors

Rhea-AI Summary

NextEra Energy (NYSE: NEE) has appointed Nicole S. Arnaboldi to its board of directors, effective immediately. Arnaboldi, a partner at Oak Hill Capital Management since 2021, brings over three decades of experience in investment banking and private equity, previously serving as vice chairman at Credit Suisse Asset Management. Her extensive expertise in finance is expected to enhance the company's strategic direction as it aims to lead in U.S. decarbonization efforts. NextEra Energy is recognized as a top clean energy company and the largest electric utility in the U.S., providing power to over 12 million Floridians.

Positive

• Nicole Arnaboldi brings significant finance and strategic expertise to the board.
• Her experience in investment banking and private equity can provide valuable insights for future growth.
• The appointment aligns with NextEra's goal of leading in decarbonization.

Negative

• None.

JUNO BEACH, Fla., Oct. 13, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) announced the appointment of Nicole S. Arnaboldi to its board of directors.

"We're extremely pleased to welcome Nicole to the NextEra Energy board," said John Ketchum, chairman, president and chief executive officer of NextEra Energy. "Nicole brings to our board a wealth of finance and business expertise, along with a proven track record as an experienced leader and strategist in investment banking and private equity for more than three decades. We look forward to benefitting from her valuable insight and counsel as we continue to grow NextEra Energy and position the company to lead the decarbonization of the U.S. economy."

Ms. Arnaboldi has been a partner at Oak Hill Capital Management since 2021. She was previously the vice chairman of Credit Suisse Asset Management and a managing director of Credit Suisse Securities Corp. from 2000 to 2019. Prior to her roles at Credit Suisse, Ms. Arnaboldi served as a managing director of its predecessor, Donaldson Lufkin and Jenrette (DLJ), in the firm's venture capital group from 1985 to 1992 and then in its private equity group, where she became a managing director in 1996.

Ms. Arnaboldi holds a law degree from Harvard Law School, a Master of Business Administration degree from the Harvard Business School and a Bachelor of Arts degree from Harvard College.

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million people across Florida. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune's 2022 list of "World's Most Admired Companies," recognized on Fortune's 2021 list of companies that "Change the World" and received the S&P Global Platts 2020 Energy Transition Award for leadership in environmental, social and governance. For more information about NextEra Energy companies, visit these websites:  www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. 

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SOURCE NextEra Energy, Inc.

FAQ

Who is Nicole S. Arnaboldi and what is her background?

Nicole S. Arnaboldi is a seasoned professional with over 30 years of experience in investment banking and private equity, currently a partner at Oak Hill Capital Management and previously vice chairman at Credit Suisse.

What does Nicole Arnaboldi's appointment mean for NextEra Energy?

Her appointment is expected to enhance the board's strategic capabilities, supporting NextEra's growth and leadership in clean energy.

When was Nicole S. Arnaboldi appointed to the NextEra Energy board?

Nicole S. Arnaboldi was appointed to the NextEra Energy board on October 13, 2022.

What is NextEra Energy's focus going forward?

NextEra Energy aims to lead the decarbonization of the U.S. economy while continuing to provide clean, reliable electricity to its customers.