NextEra CFO retires; replacement named

NextEra Energy, Inc. (NEE) today announced that, as part of a previously announced leadership succession plan, John Ketchum has been appointed executive vice president, finance, and chief financial officer following the retirement of Moray P. Dewhurst, vice chairman and chief financial officer.

The leadership transition plan was announced in February 2015. Ketchum’s appointment is effective March 4, 2016. Dewhurst has been part of the NextEra senior leadership team for more than a decade.

In his new role, Ketchum has responsibility for accounting, forecasting, tax, treasury, investor relations, risk management and information management.

Ketchum, who also has been appointed chief financial officer and a member of the board of NextEra Energy Partners, LP (NEP), has a diverse finance, legal, business and commercial transactions background with experience in domestic and international project development, project finance, mergers and acquisitions, dispute resolution, tax, corporate governance, corporate finance, securities, bankruptcy, operations, risk management, finance and accounting. 

He joined NextEra Energy in 2002 and has held various business, finance and legal roles. Most recently, he served as senior vice president, finance for NextEra Energy.