JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today announced that Hansel E. Tookes II and Rudy E. Schupp have been elected to the company’s board of directors.
Tookes, 57, retired from Raytheon Company in December 2002. He joined Raytheon in 1999 and served as president of Raytheon International, chairman and chief executive officer of Raytheon Aircraft and executive vice president of Raytheon Company. Prior to joining Raytheon, Tookes served United Technologies Corporation as president of Pratt and Whitney’s Large Military Engines Group and in a variety of other leadership positions.
Tookes is a director of Ryder Systems Inc., Corning Incorporated and a member of the National Academies Aeronautics and Space Engineering Board.
Schupp, 54, is currently president, chief executive officer and a director of 1st United Bank, located in Boca Raton, Florida. Previously, Schupp was chairman, president and chief executive officer of Republic Security Bank in West Palm Beach, Florida. Under his leadership, Republic Security grew from a start-up in 1984 to a $3.5 billion (assets) financial institution when it was acquired by Wachovia Corporation in March 2001. Following the acquisition, Schupp served as chairman of Florida Banking of Wachovia Bank, N.A. until December 2001.
Schupp has held numerous leadership positions within national and state banking industry associations, including past president of the Florida Bankers Association. He formerly served as a director of the Miami Branch of the Federal Reserve Bank of Atlanta. He is a past chairman of the Business Development Board of Palm Beach County and a former director of the Economic Council of Palm Beach County. He also has been lauded by many community-based organizations for his dedication to the South Florida area.
“We are pleased to add Hansel and Rudy to our board of directors and look forward to drawing on their collective expertise and experience,” said Lew Hay, chairman and chief executive officer of FPL Group.
With the election of Tookes and Schupp, FPL Group’s board of directors now totals 12 members.
FPL Group, with annual revenues of more than $10 billion, is nationally known as a high-quality, efficient, and customer-driven organization focused on energy-related products and services. With a growing presence in 26 states, it is widely recognized as one of the country's premier power companies. Its principal subsidiary, Florida Power & Light Company, serves more than 4.2 million customer accounts in Florida. FPL Energy, LLC, an FPL Group energy-generating subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPLGroup.com, www.FPL.com andwww.FPLEnergy.com.