share_log

8-K: Board of Directors Approved an Increase in the Size of the Board from Eleven to Twelve Members

SEC ·  Jul 11 02:14

Summary by Futu AI

On July 9, 2024, NextEra Energy's Board of Directors expanded from 11 to 12 members, appointing Geoffrey S. Martha to fill the new position. Martha, the chairman and CEO of Medtronic plc, was also named to the Board's Finance & Investment Committee.Martha assumed the role of Medtronic's CEO in April 2020 and became Chairman in December 2020. His extensive experience includes leadership positions at Medtronic and GE Healthcare, with a strong background in strategy, business development, and financial services.As a non-employee director, Martha will receive prorated compensation for 2024, including an annual cash retainer of $145,000 and an equity retainer of $185,000 in NextEra Energy common stock. This appointment brings valuable healthcare technology and leadership expertise to NextEra Energy's board.
On July 9, 2024, NextEra Energy's Board of Directors expanded from 11 to 12 members, appointing Geoffrey S. Martha to fill the new position. Martha, the chairman and CEO of Medtronic plc, was also named to the Board's Finance & Investment Committee.Martha assumed the role of Medtronic's CEO in April 2020 and became Chairman in December 2020. His extensive experience includes leadership positions at Medtronic and GE Healthcare, with a strong background in strategy, business development, and financial services.As a non-employee director, Martha will receive prorated compensation for 2024, including an annual cash retainer of $145,000 and an equity retainer of $185,000 in NextEra Energy common stock. This appointment brings valuable healthcare technology and leadership expertise to NextEra Energy's board.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.