| CEO Name | Armando Pimentel |
| Nationality | United States |
| Net Worth Estimation | $40 million |
Armando Pimentel's estimated net worth of around $40 million is primarily due to his executive compensation from roles at NextEra Energy and Florida Power & Light, including salary, bonuses, and substantial stock holdings. Public filings and analyst assessments link his wealth to equity awards and long-standing leadership in the energy sector.
Armando Pimentel's estimated net worth of $40,000,000 places him midway between the minimum ($10,000,000) and maximum ($80,000,000) CEO net worths in the utility category. His net worth represents 42.86% of the range between the highest and lowest estimated net worths among utility CEOs.
Business Category: Utility
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 80000000 USD
Armando Pimentel Performance in Florida Power and Light
Armando Pimentel, CEO of Florida Power and Light, demonstrates strategic leadership and decisive decision-making focused on sustainable energy innovation and operational efficiency. Under his tenure, FPL has expanded its renewable energy portfolio while maintaining reliable power delivery and competitive costs. Pimentel's performance has significantly enhanced the company's market position and commitment to environmental responsibility.
Latest News
Florida Power & Light Faces Rate Hike Debate Amid Solar Expansion
FPL CEO Armando Pimentel defends proposed rate increases, citing investments in reliability and grid modernization, while critics argue the hikes could cost customers billions. The utility is also advancing ambitious solar and storage goals, aiming for 93 GW solar and 50 GW storage by 2045.
Source: http://www.cbsnews.com/miami/news/florida-power-light-rate-hike-hearing-sparks-debate-over-billions-in-customer-costs/