popular articles

NextEra Energy: New management for an energy transition

NextEra Energy has announced new appointments to its management team, aimed at consolidating its strategic objectives against a backdrop of growing demand for renewable energy.
Réorganisation direction NextEra Energy

Please share:

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.

Register free of charge for uninterrupted access.

Publicite

Recently published in

SBM Offshore announces the launch of its €141 million ($150 million USD) share repurchase program, following the completion of the €130 million program, as part of its strategy to reduce capital and support employee programs.
Air Liquide anticipates a limited direct impact from global tariff hikes, while expecting an increase in its operational margin for 2025, despite weak demand in certain industrial sectors.
Air Liquide anticipates a limited direct impact from global tariff hikes, while expecting an increase in its operational margin for 2025, despite weak demand in certain industrial sectors.
Eni announces a 3% drop in its net profit for the first quarter, with savings planned to offset falling oil prices and uncertainty surrounding tariffs. The company expects reduced investment spending in 2025.
Eni announces a 3% drop in its net profit for the first quarter, with savings planned to offset falling oil prices and uncertainty surrounding tariffs. The company expects reduced investment spending in 2025.
Channel Tunnel operator Getlink reported a 17% drop in its revenue for Q1 2025, primarily due to the interruption of its ElecLink cross-Channel cable, and maintains its targets for the year.
Channel Tunnel operator Getlink reported a 17% drop in its revenue for Q1 2025, primarily due to the interruption of its ElecLink cross-Channel cable, and maintains its targets for the year.
Chinese giant Sinopec publishes its first international global energy outlook, forecasting a peak in primary energy consumption by 2045 and a rise in non-fossil energy sources.
TotalEnergies’ Antwerp platform plans to end operations of one steam cracker by late 2027, while continuing investments in green hydrogen and sustainable fuels.
TotalEnergies’ Antwerp platform plans to end operations of one steam cracker by late 2027, while continuing investments in green hydrogen and sustainable fuels.
Shanghai Electric has secured strategic partnerships with Masdar and Mawarid Group for large-scale solar and wind projects, strengthening its industrial presence in the Middle East.
Shanghai Electric has secured strategic partnerships with Masdar and Mawarid Group for large-scale solar and wind projects, strengthening its industrial presence in the Middle East.
Weaker North American market conditions weighed on Halliburton's quarterly results, despite strong international activity and revenues exceeding analysts’ expectations.
Weaker North American market conditions weighed on Halliburton's quarterly results, despite strong international activity and revenues exceeding analysts’ expectations.
The global artificial intelligence market applied to the energy sector is expected to grow at an annual rate of 36.9% between 2024 and 2030, according to a report published by MarketsandMarkets™ on April 22.
Xavier Huillard departs from Vinci’s executive leadership after two decades of major transformations, handing over to Pierre Anjolras following Thursday’s general assembly.
Xavier Huillard departs from Vinci’s executive leadership after two decades of major transformations, handing over to Pierre Anjolras following Thursday’s general assembly.
Technip Energies has secured a contract with Jet Zero Australia for the engineering of a project aimed at producing sustainable aviation fuel in Townsville, Australia, with an annual capacity of 102 million litres by 2028.
Technip Energies has secured a contract with Jet Zero Australia for the engineering of a project aimed at producing sustainable aviation fuel in Townsville, Australia, with an annual capacity of 102 million litres by 2028.
South African group Eskom has issued a call for tenders to establish an independent entity focused on renewable energy, as part of its strategic restructuring.
South African group Eskom has issued a call for tenders to establish an independent entity focused on renewable energy, as part of its strategic restructuring.
France Chimie warns that 47 industrial sites in France and up to 350 across the European Union could shut down without an emergency response to the escalating trade tensions with the United States and China.
A master agreement between ExxonMobil and Rice University initiates a series of joint energy research projects focused on technological innovation in water treatment and resource recovery.
A master agreement between ExxonMobil and Rice University initiates a series of joint energy research projects focused on technological innovation in water treatment and resource recovery.
Dutch group SBM Offshore has secured a new USD1.1bn revolving credit facility from an international banking consortium, extending and enlarging a previous financing agreement.
Dutch group SBM Offshore has secured a new USD1.1bn revolving credit facility from an international banking consortium, extending and enlarging a previous financing agreement.
Equinor restructures operations to enhance earnings in growing power markets by merging its renewables and flexible generation assets into a single business unit.
Equinor restructures operations to enhance earnings in growing power markets by merging its renewables and flexible generation assets into a single business unit.
According to the International Energy Agency, artificial intelligence will drive a global rise in data centre electricity consumption, reaching the current level of Japan’s national use by the end of the decade.
Sinopec and Saudi Aramco have signed a framework agreement to expand the Yanbu complex, aiming to establish an integrated refining and petrochemical platform with high industrial capacity.
Sinopec and Saudi Aramco have signed a framework agreement to expand the Yanbu complex, aiming to establish an integrated refining and petrochemical platform with high industrial capacity.
Fusion Fuel has signed a letter of intent to acquire a UK-based fuel distribution company valued at £50mn, as part of its strategy to expand its presence across the energy value chain.
Fusion Fuel has signed a letter of intent to acquire a UK-based fuel distribution company valued at £50mn, as part of its strategy to expand its presence across the energy value chain.
SBM Offshore finalises a non-recourse leaseback agreement worth $400 million for FPSO Cidade de Paraty, transferring ownership to a consortium of Chinese lessors for an eight-year period.
SBM Offshore finalises a non-recourse leaseback agreement worth $400 million for FPSO Cidade de Paraty, transferring ownership to a consortium of Chinese lessors for an eight-year period.
Mining companies are turning to copper production to drive growth from 2025, marking a strategic shift in capital allocation, according to Wood Mackenzie.
Swedish manufacturer Autoliv signs two 12-year renewable power purchase agreements with Alight and Eurowind Energy to ensure stable supply and anticipate volatility in European energy markets.
Swedish manufacturer Autoliv signs two 12-year renewable power purchase agreements with Alight and Eurowind Energy to ensure stable supply and anticipate volatility in European energy markets.
Avangrid brought together over 150 energy stakeholders in Cambridge during its annual forum to accelerate the development of technological solutions involving artificial intelligence, storage, and infrastructure resilience.
Avangrid brought together over 150 energy stakeholders in Cambridge during its annual forum to accelerate the development of technological solutions involving artificial intelligence, storage, and infrastructure resilience.
British oil group BP has confirmed the planned departure of its chairman of the board Helge Lund, launching a transition process expected to conclude in 2026.
British oil group BP has confirmed the planned departure of its chairman of the board Helge Lund, launching a transition process expected to conclude in 2026.

Advertising