Armando J. Olivera President and Chief Executive Officer
Florida Power & Light Company
Armando Olivera is president and chief executive officer of Florida Power & Light Company (FPL), a subsidiary of FPL Group, Inc., one of the largest investor-owned electric utilities in the nation. He was appointed to his current position in June 2003.
Under Mr. Olivera’s leadership, FPL has invested heavily in ensuring reliable service and meeting projected growth in demand for electric power in its vast service territory. The company is a clean energy leader and is moving forward to bring three state-of-the-art solar power plants to Florida as well as additional emissions-free nuclear power. FPL has the No. 1 energy-efficiency program in the U.S., one of the most efficient fossil power plant fleets in the nation and has taken a number of additional actions to mitigate high fuel costs. The company is also implementing actions to harden its electric system against hurricanes and ensure everyday reliability.
Mr. Olivera joined FPL in 1972 and has served in a variety of management positions in the areas of transmission and distribution operations, fuels management, and strategic planning and resource allocation. Prior to being named to his current role, he was senior vice president of FPL’s power systems business unit.
Mr. Olivera holds a Bachelor of Science degree in electrical engineering from Cornell University and a Master of Business Administration degree from the University of Miami. He also is a graduate of the professional management development program of the Harvard Business School.
In 2007, Mr. Olivera was appointed by Florida Governor Charlie Crist to serve on the Florida Governor’s Action Team on Energy and Climate Change, which is tasked with developing a comprehensive strategy that achieves targets for statewide greenhouse gas reductions.
He is the current president of the Southeastern Electric Exchange, immediate past chairman of the Florida Reliability Coordinating Council (FRCC), and a member of the board of Enterprise Florida, as well as a member of the Cornell University Engineering Council and Cornell University Council.
Florida Power & Light Company (FPL) is the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. FPL serves 4.5 million customer accounts in Florida and is a leading employer in the state with nearly 11,000 employees. The company consistently outperforms national averages for service reliability while customer bills are well below the national average. A clean energy leader, FPL has one of the lowest emissions profiles and the No. 1 energy-efficiency program among utilities nationwide. FPL is a subsidiary of Juno Beach, Fla.-based FPL Group, Inc. (NYSE: FPL). For more information, visit www.FPL.com.
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