NextEra Energy, Inc. (ticker: NEE, exchange: New York Stock Exchange (.N))
News Release -
William H. Swanson Appointed to FPL Group's Board of Directors; Board Also Declares 256th Consecutive Quarterly Dividend
JUNO BEACH, Fla.--(BUSINESS WIRE)--Oct. 16, 2009--
FPL Group, Inc. (NYSE:FPL) today announced that William H. Swanson has
been appointed to the company's board of directors. Swanson, 60, is
chairman and chief executive officer of Raytheon Company (NYSE: RTN).
Swanson's appointment increases the size of the FPL Group board from 12
to 13 members.
"We are pleased to have Bill join our board and to be able to draw upon
his proven business leadership as well as his deep understanding of
innovation and technology," said Lew Hay, chairman and chief executive
officer of FPL Group.
At Raytheon, Swanson heads a technology and innovation leader
specializing in defense, homeland security and other government markets
throughout the world. With headquarters in Waltham, Mass., Raytheon
employs 73,000 people worldwide. Swanson joined Raytheon in 1972, became
CEO in 2003 and added the responsibilities of chairman to his position
in January 2004.
In addition to his professional accomplishments, Swanson is a member of
the Congressional Medal of Honor Foundation board, the California
Polytechnic State University President's Cabinet, and the John F.
Kennedy Library Foundation board of directors. He is vice chairman of
the Business-Higher Education Forum.
A native of California, Swanson graduated magna cum laude from
California Polytechnic State University with a bachelor's degree in
industrial engineering. His graduate work was performed in business
administration at Golden Gate University. Swanson has received the
National Defense Industrial Association James Forrestal Industry
Leadership Award, a Diversity Best Practices CEO Diversity Leadership
Award, and a Woodrow Wilson Award for Corporate Citizenship.
In a separate action today, the FPL Group board of directors also
declared a regular quarterly common stock dividend of 47.25 cents per
share. The dividend is payable on December 15, 2009, to shareholders of
record on November 27, 2009. Today's board action marks the 256th
consecutive quarterly dividend paid to common shareholders.
FPL Group: Energy Solutions for the Next Era
FPL Group, Inc. (NYSE: FPL) is a leading clean energy company with 2008
revenues of more than $16 billion, approximately 39,000 megawatts of
generating capacity, and more than 15,000 employees in 27 states and
Canada. Headquartered in Juno Beach, Fla., FPL Group's principal
subsidiaries are NextEra Energy Resources, LLC, the largest generator in
North America of renewable energy from the wind and sun, and Florida
Power & Light Company, which serves 4.5 million customer accounts in
Florida and is one of the largest rate-regulated electric utilities in
the country. Through its subsidiaries, FPL Group collectively operates
the third largest U.S. nuclear power generation fleet. For more
information about FPL Group companies, visit these Web sites: www.FPLGroup.com,
Source: FPL Group, Inc.
FPL Group, Inc.
Randy Clerihue, 305-552-3888