Michael H. Dunne
Summary
Michael H. Dunne is NextEra Energy’s CFO and executive vice president of finance, a role he assumed in May 2025 after serving in the company’s treasury and finance functions since 2022. ([nexteraenergy.com](https://www.nexteraenergy.com/about-us/leadership.html))
Biography
Dunne joined NextEra Energy in early 2022 after a long career at Bank of America, where he became a managing director in power and renewables investment banking. At Bank of America, he worked on renewable-energy and energy-transition advisory assignments involving financing, commodities, mergers and acquisitions, and capital markets. ([nexteraenergy.com](https://www.nexteraenergy.com/about-us/leadership.html)) At NextEra, Dunne served as vice president of finance in 2022 and then as treasurer and assistant secretary from January 2023 until May 2025. In those positions, he was responsible for financing activities, corporate credit ratings, banking relationships, short-term liquidity and cash management before succeeding Brian Bolster as CFO. Dunne holds a bachelor’s degree in economics and history from Duke University and a law degree from Harvard Law School. ([nexteraenergy.com](https://www.nexteraenergy.com/about-us/leadership.html))
Notable achievements
- Built on prior treasury experience to become NextEra Energy’s CFO and executive vice president of finance in May 2025. ([sec.gov](https://www.sec.gov/Archives/edgar/data/753308/000075330825000019/nee-20250312.htm?utm_source=openai))
- Has responsibility for financing, liquidity, banking relationships and credit-rating management at a highly capital-intensive utility and infrastructure company. ([nexteraenergy.com](https://www.nexteraenergy.com/about-us/leadership.html))
- Helped maintain NextEra’s stated focus on credit quality and financing discipline while the company funded large utility, generation and storage investments. ([investor.nexteraenergy.com](https://www.investor.nexteraenergy.com/fixed-income-investors/financial-strength?utm_source=openai))
- Serves on the board of XPLR Infrastructure, linking his responsibilities to NextEra’s publicly traded infrastructure affiliate. ([nexteraenergy.com](https://www.nexteraenergy.com/about-us/leadership.html))
Problem areas / controversies
- Dunne has held the CFO role only since May 2025, so there is limited public evidence yet of a complete record of capital-allocation decisions made under his leadership. ([sec.gov](https://www.sec.gov/Archives/edgar/data/753308/000075330825000019/nee-20250312.htm?utm_source=openai))
- The finance organization faces exposure to interest rates, debt-market conditions, refinancing needs and the funding requirements of NextEra’s large capital program. ([investor.nexteraenergy.com](https://www.investor.nexteraenergy.com/fixed-income-investors/financial-strength?utm_source=openai))
- XPLR Infrastructure, where Dunne serves as a director, has faced capital and distribution pressures, including debt maturities and a suspension of common-unit distributions announced in 2025. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1603145/000160314525000006/xplr-20241231.htm?utm_source=openai))
- Dunne signed NextEra’s 2025 annual-report certifications while the company was dealing with litigation and settlement discussions related to alleged political disclosures involving FPL; the public allegations do not identify him as personally responsible for the alleged conduct. ([investor.nexteraenergy.com](https://www.investor.nexteraenergy.com/~/media/Files/N/NEE-IR/NEE%202025%2010-K.pdf))