Vice-Chair, Miami Dade College District Board of Trustees
Armando J. Olivera is the retired president and chief executive officer (CEO) of Florida Power & Light Company (FPL), a subsidiary of NextEra Energy, Inc. and one of the largest investor-owned electric utilities in the nation. He was appointed president in 2003, CEO in 2008 and retired in 2012 after observing his 40th anniversary with the company.
Under Trustee Olivera’s leadership, FPL grew its assets 79 percent to $31.8 billion, its revenues by 28 percent to $10.6 billion and its net income by 50 percent to $1.1 billion. Trustee Olivera managed a multibillion dollar capital investment program that included expanded nuclear capacity, a new highly efficient, natural gas, combined-cycle power plant, and three new solar energy centers. FPL also has one of the nation’s leading energy efficiency programs. Trustee Olivera is a director of AGL Resources Inc. and Fluor Corp., and previously served as a member of the Nicor Inc. board.
He is a member of the board and a past chairman of the Florida Reliability Coordinating Council, as well as a member of the board of Enterprise Florida and the Florida Council of 100. Trustee Olivera is a member of the Cornell University Board of Trustees, where he received a bachelor’s degree in electrical engineering, and he holds a Master of Business Administration from the University of Miami.