Florida Power CEO implicated in scandals abruptly steps down
Eric Silagy, the CEO of Florida Power & Light unexpectedly announced his retirement. The company said the move was not connected to a burgeoning political spending scandal.
Florida Power & Light, one of the largest utilities in the country, abruptly announced the retirement of its chief executive after a tenure marked by strong financial returns, moves toward greener energy and multiple scandals.
Under the leadership of Eric Silagy, 54, the company has been tied to allegations of campaign finance violations, media manipulation, and the surveillance of critical journalists. Silagy, CEO since 2014, will depart the company in April.
Its parent company, NextEra Energy, has commissionedtwo separate investigations
