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FPL > SEC Filings for FPL > Form 8-K on 17-Aug-2009All Recent SEC Filings

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Form 8-K for FPL GROUP INC


17-Aug-2009

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Effective August 17, 2009, Moray P. Dewhurst rejoined FPL Group, Inc. (Company) as Vice Chairman and Chief of Staff. Mr. Dewhurst previously had served as the Company's Chief Financial Officer from July 2001 until May 2008. For his service as Vice Chairman and Chief of Staff, Mr. Dewhurst will be paid a base salary at an annual rate of $589,800 in 2009, which was his previous annual base salary rate in 2008, and will participate in, and be eligible to receive annual incentive payments, equity grants and other benefits under, the Company's Executive Annual Incentive Plan, Amended and Restated Long Term Incentive Plan, executive retention employment agreement, Supplemental Executive Retirement Plan and other benefit programs available to the Company's other executive officers, as provided or described in the Company's filings with the Securities and Exchange Commission.

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