Armando J. Olivera

Executive Bios

Armando J. Olivera

President
Florida Power & Light Company

Armando Olivera is president of Florida Power & Light Company (FPL), the principal subsidiary of FPL Group, Inc., and one of the largest investor-owned electric utilities in the nation. He was appointed president in June 2003.

Under Mr. Olivera’s leadership, FPL has invested heavily in ensuring reliable service and meeting strong current and projected growth in demand for electric power in its vast service territory. FPL has 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 has implemented an industry-leading program to harden its electric system against hurricanes as well as 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. His position before becoming president was as 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 Cornell University Engineering Council and Cornell University Council.

FPL Group, with annual revenues of over $15 billion, is nationally known as a high quality, efficient, and customer driven organization focused on energy related products and services. With a growing presence in 27 states, it is widely recognized as one of the country’s premier power companies. Its principal subsidiary, Florida Power & Light Company, serves approximately 4.5 million customer accounts in Florida. FPL Energy, LLC, an FPL Group competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at http://www.FPLGroup.com, http://www.FPL.com and http://www.FPLEnergy.com.

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