In 2022, James L. Robo earned $2.65M in total compensation at NextEra Energy Partners, primarily from $1.65M salary. Led NextEra Energy Partners as CEO for 4 years.
Compensation History
Annual executive compensation data for James L. Robo, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.65M
Salary
$1.65M
Bonus
$0.00
Other
$1.00M
Salary
$1.65MBoard Justification
The fundamental objective of NextEra Energy’s executive compensation program is to motivate and reward actions that will increase shareholder value, particularly over the longer term. The Compensation Committee believes the Company’s executive compensation program reflects a strong pay-for-performance philosophy and is well-aligned with the short-term and long-term interests of shareholders and other important Company stakeholders, including customers and employees.
Bonus
$0.00Board Justification
No discretionary bonuses were paid to NEOs in 2022.
Other Compensation
$1.00MBoard Justification
Includes personal benefits such as vehicle allowance, financial planning, and legal services.
Restricted Stock
Board Justification
Performance shares generally vest on the last day of the applicable performance period, with payouts determined by the Compensation Committee at its first regular meeting after the end of the year. Because the end of the performance period for the performance shares granted to each of the NEOs in 2019 was December 31, 2022, these performance shares are not included in the outstanding equity awards at fiscal year end and are included in the option exercises and stock vested under columns (D) and (E), "Stock Awards—Number of Shares Acquired on Vesting" and "Stock Awards—Value Realized on Vesting," and discussed in footnote (1) to that table.
Performance Metrics
The principal financial metrics in 2022 were adjusted ROE and adjusted EPS growth.
James L. Robo
Ex-CEO of NextEra Energy Partners
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Utilities
Born
January 1, 1963 - 62 years ago
CEO of NextEra Energy Partners for
4 years 7 months (Aug 2017 - Mar 2022)
Previous Experience
Chairman and Chief Executive Officer of NextEra Energy Partners, LP since its establishment in August 2017; served on the Board of NEP's general partner since March 2014.
Other NextEra Energy Partners CEOs
Holdings
Track James L. Robo's stock holdings and portfolio value over time.
Insider Trading
James L. Robo's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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