Michael Yackira
For more information on working with this expert, please contact:
Education
B.S., accounting, Lehman College
Summary of Experience
Mr. Yackira is an expert on business strategy, and on corporate finance and development in the energy sector. He is a former executive with experience developing operating strategies for company transformation, and he has served on the boards of several public companies. Mr. Yackira was one of three independent directors as well as chair of the audit committee at 8point3 Energy Partners, a publicly traded “yieldco” formed by First Solar and SunPower. Previously, he was the CEO and CFO of NV Energy. During Mr. Yackira’s tenure, the company’s assets grew from approximately $7 billion to $12 billion over the course of 10 years, primarily from investments in electric power plants and increased company-owned generating capacity. His responsibilities included developing strategies to improve financial health and operating performance, as well as regulatory and investor relationships. Mr. Yackira also served on the board of directors at the Edison Electric Institute for seven years, including as vice chairman and chairman. Earlier in his career, he spent more than a decade with FPL Group (now NextEra Energy) in various senior-level positions, including CFO of both the parent company and its Florida Power & Light subsidiary, as well as president of FPL Energy during a strategic expansion that led it to become the largest energy company in the US.