NextEra Energy CFO Moray Dewhurst To Retire In Spring 2016

(RTTNews) - Electric utility NextEra Energy, Inc. (NEE) said Monday that its vice chairman and chief financial officer, Moray Dewhurst, plans to retire in the spring of 2016 as part of a planned leadership succession process.

Dewhurst was appointed to his current role in October 2011. Previously, he served as vice chairman and chief of staff of NextEra Energy from 2009 to 2011 and as chief financial officer from 2001 to 2008.

The company also announced two senior leadership promotions. John Ketchum, currently senior vice president, business management and finance for NextEra Energy subsidiary, NextEra Energy Resources, LLC, has been named senior vice president, finance, NextEra Energy, with responsibility for accounting, forecasting, tax and investor relations.

Ketchum, who is expected to succeed Dewhurst as chief financial officer as part of a planned year-long transition, will report to Dewhurst during the transition period.

Mark Hickson, currently vice president, operational excellence, strategic initiatives and corporate development, has been named senior vice president, corporate development and strategic initiatives and will continue to be responsible for corporate strategy, merger- and acquisition-related activity, business development, and quality and process improvement initiatives. Hickson, who also has been appointed to the board of directors of the general partner of NextEra Energy Partners, LP (NYSE: NEP), will continue to report to Robo.