|[October 04, 2012]
Former Florida Power & Light CEO Armando Olivera To Support GridGlo's Board of Directors
DELRAY BEACH, Fla. --(Business Wire)--
LLC, a company specializing in data fusion and smart grid data
analytics, announced today the addition of Armando
J. Olivera as an Advisor to its Board of Directors. Olivera is the
retired president and chief executive officer of Florida Power & Light
Company (FPL), a subsidiary of NextEra Energy, Inc.
"GridGlo is honored to have Mr. Olivera as a key resource to the
company," said Isaias
Sudit, founder and CEO of GridGlo. "His decades of utility industy
experience and relationships will provide tremendous support to GridGlo
as we continue to grow our business."
FPL, one of the largest investor-owned electric utilities in the U.S.,
grew its assets 79 percent to $31.8 billion under Olivera's leadership.
He was appointed president in 2003, CEO in 2008, and retired in May 2012
after 40 years with the company. During his tenure he managed a
multibillion-dollar capital investment program that included one of the
country's largest deployments of smart meters.
Olivera earned a bachelor's degree in electrical engineering from
Cornell University and a master of business administration from the
University of Miami. He serves as a director for AGL (News - Alert) Resources Inc. and
is a member of the board of trustees for Cornell University and Miami
GridGlo also recently added Ronald Renzini, former VP of Sales for
Itron, to its Advisory
Board. Renzini is now the Chief Operations Officer for Corporate
Systems Engineering, a leader in the direct load control industry.
Renzini joins existing GridGlo Advisors including chairman Jesse Berst,
a leading authority on the emerging smart grid market, and Paul De
Martini, former head of Cisco's (News - Alert) Energy division.
GridGlo® is a private company providing insights into energy
consumption. Based in Delray Beach, Florida, we work with utilities to
extract value from energy consumption data. Our core strengths are data
fusion, data aggregation, algorithm development, and scoring matrices.
We have developed a proprietary software platform that can identify,
score, and provide recommendations to improve utility operations and
increase customer engagement. Our platform allows us to create many
dynamic applications that offer insights into the behavior of all smart
grid players from the utility to the consumer. For more information,
please visit: http://www.gridglo.com.
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