NextEra Energy said its board on July 9, 2024 approved increasing the board's size from 11 to 12 members. On the recommendation of the Governance & Nominating Committee, it appointed Geoffrey S. Martha to fill the newly created seat.

1. 01

   NextEra Energy said its board on July 9, 2024 approved increasing the board's size from 11 to 12 members. On the recommendation of the Governance & Nominating Committee, it appointed Geoffrey S. Martha to fill the newly created seat.

2. 02

   The company said the board also approved on the same day the appointment of Geoffrey S. Martha to the Finance & Investment Committee.

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   The company said Geoffrey S. Martha is chairman and chief executive officer of Medtronic plc, a global healthcare technology company. He became CEO on April 27, 2020 and rose to chairman of the board on December 11, 2020, the company explained.

4. 04

   The company said Geoffrey S. Martha will receive compensation for his board service on the same basis as NEE's other non-employee directors. It said the annual cash retainer is $145,000 in 2024, prorated for his appointment date. The equity retainer is the number of shares equal to $185,000 divided by the NYSE closing price on the grant date, rounded up to the nearest 10 shares, and is also prorated.

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