Armando J. Olivera

    <b>Education</b>

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    Armando J. Olivera is an accomplished professional whose career spans several decades, primarily in the utilities and energy sectors. His educational journey laid a strong foundation for his future achievements. Olivera earned a Bachelor's Degree in Electrical Engineering from Cornell Engineering, completing his studies in 1972. He then pursued further education, obtaining a Master of Business Administration (MBA) from the University of Miami between 1974 and 1976. This comprehensive educational background equipped him with both technical and managerial expertise, essential for his future roles.

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    <b>Career at Florida Power & Light</b>

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    Olivera's career reached a significant milestone at Florida Power & Light (FPL), where he served as President and CEO from 2003 to 2012. During his tenure, FPL experienced substantial growth. The company's assets increased by 79% to $31.8 billion, revenues grew by 28% to $10.6 billion, and net income rose by 50% to $1.1 billion. Under his leadership, FPL became one of the most reliable and economical electric utilities in the country, also focusing on cleaner energy with lower carbon dioxide emissions compared to the industry average. Olivera spearheaded significant investments in nuclear capacity, combined cycle plants, and solar fields, underscoring his commitment to sustainable energy.

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    <b>Awards and Recognition</b>

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    Olivera's achievements have been recognized with several prestigious awards. He received the Leadership in Power Award from the IEEE Power and Engineering Society and was named CEO of the Year by the Solar Electric Power Association. These accolades highlight his leadership and contributions to the energy sector.

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    <b>Post-FPL Career</b>

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    After retiring from FPL, Olivera continued to influence the industry through various advisory and board roles. He became the CEO of AJO Consulting Services, LLC in 2012 and took on board memberships at prominent companies such as Lennar Commercial and Con Edison. His board involvement extends to the Fluor Corporation and he served as a venture partner in the sustainability practice at Ridge-Lane Limited Partners from 2018 to 2021.

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    <b>Engagement in Educational and Sustainability Initiatives</b>

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    In addition to his corporate roles, Olivera has been actively involved in educational and sustainability initiatives. He has served as an advisor at Cornell's Atkinson Center for a Sustainable Future since 2010 and held trustee positions at both Miami Dade College and Cornell University. His commitment to education and sustainability demonstrates his broader vision beyond corporate success.

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    <b>Skills and Current Endeavors</b>

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    Olivera's extensive skills in strategic planning, energy, program management, and business strategy have made him a sought-after leader and advisor. His career reflects a blend of technical knowledge, strategic foresight, and a deep commitment to sustainable practices. As a private investor since 2020, he continues to leverage his experience and insight in fostering business growth and sustainable energy initiatives.

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    <b>Summary</b>

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    In summary, Armando J. Olivera's career is marked by significant accomplishments in the utilities and energy sectors, underpinned by his solid educational background and a genuine commitment to sustainability and corporate excellence.
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