Skip to content

The CEO Who Turned NextEra Into a Clean-Energy Giant Is Stepping Down

  • Company veteran John Ketchum set to take over as CEO
  • Robo joined NextEra in 2002 and led shift into wind and solar
Jim Robo
Jim RoboPhotographer: Gonzalo Marroquin/Patrick McMullan/Getty Images
Updated on

Jim Robo, who transformed NextEra Energy Inc. from a sleepy Florida utility into a clean-energy juggernaut, is stepping down as the company’s top executive.

NextEra appointed company veteran John Ketchum as successor, naming him president and chief executive officer as part of a series of management changes announced Tuesday that take effect March 1. Robo, who’s also chairman, will become executive chairman for a brief period, and Ketchum, 51, is expected to be appointed to NextEra’s board. Shares plunged.