Kirk Crews, previously CFO, is appointed Executive Vice President and Chief Risk Officer, while Brian Bolster replaces him as Executive Vice President, Chief Financial Officer (CFO). Both join the management team under the supervision of John Ketchum, President and CEO of NextEra Energy. These changes, which take effect immediately, strengthen the company’s ability to lead the energy transition and seize future growth opportunities. According to Ketchum, Crews is ideally qualified for the new role, thanks to his experience in crucial functions within the company and his financial management and leadership skills. As for Bolster, his many years at Goldman Sachs forged his expertise in financial strategy in the energy and natural resources sectors. Ketchum emphasizes that this management reorganization will enable NextEra Energy to strengthen its ambitions.
The careers of Kirk Crews and Brian Bolster
Kirk Crews joined NextEra Energy in 2016 as Vice President, Controller and Chief Accountant. In 2019, he becomes Vice President of Commercial Management at NextEra Energy Resources. He was subsequently appointed Executive Vice President and CFO. Before joining NextEra, Crews worked at Deloitte and the US Securities and Exchange Commission, accumulating solid experience in accounting, consulting and financial management. Brian Bolster joins us after almost 25 years at Goldman Sachs, where he headed the Natural Resources division in the Americas. He has played a key role in the growth of the company’s energy business, helping customers in the sector to meet complex market challenges. His appointment at NextEra Energy will enable him to mobilize his knowledge and network to drive the company’s financial strategy.
Leadership Aligned with the Energy Transition
The appointments of Crews and Bolster come at a time of rapidly growing demand for renewable energy. NextEra Energy, a world leader in wind and solar power, is preparing to meet this growing demand while strengthening its dominant market position. The new managers are expected to optimize financial capabilities, risk management, and align NextEra Energy’s strategy with emerging market trends. Ketchum also stresses that this change in leadership is aimed at fully exploiting the new opportunities offered by the global energy transition. The company faces a variety of risks linked to price volatility, subsidy policies and technological advances. The new appointments will ensure that risk management is aligned with these factors.
Strategic Perspectives and Opportunities
NextEra Energy intends to capitalize on the skills of its team to pursue its growth in the renewable energy sector. The company is striving to expand its clean, diversified energy portfolio, while placing greater emphasis on sustainability and risk management. Crews and Bolster will be key to overseeing these efforts, while ensuring that financial strategies align with global energy market trends. The management reorganization will also enable NextEra Energy to deepen its strategic partnerships with influential companies and financial players, while enhancing its growth prospects. The diverse and experienced leadership provided by Crews and Bolster will serve as a solid foundation for NextEra Energy’s future expansion plans.
NextEra Energy’s management reorganization is designed to meet the growing demand for clean energy and the strategic needs of the energy transition. This strengthens the company’s ability to lead the industry with a diversified and competent management team, ready to seize opportunities while mitigating risks.
