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Duke Energy Corp (DUK.N)

DUK.N on New York Stock Exchange

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7 Dec 2016
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Summary

Name Age Since Current Position

Lynn Good

56 2016 Chairman of the Board, President, Chief Executive Officer

Steven Young

57 2013 Chief Financial Officer, Executive Vice President

Dhiaa Jamil

59 2016 Chief Operating Officer, Executive Vice President

Melissa Anderson

51 2016 Chief Human Resource Officer, Executive Vice President - Administration

Julie Janson

51 2012 Executive Vice President, Chief Legal Officer, Corporate Secretary

Douglas Esamann

58 2015 Executive Vice President, President - Midwest and Florida Regions

Lloyd Yates

55 2014 Executive Vice President - Market Solutions and President - Carolinas Region

William Currens

47 2016 Senior Vice President, Chief Accounting Officer, Controller

Paul Draovitch

55 2016 Senior Vice President - Environmental Health and Safety

Clark Gillespy

54 2016 Senior Vice President - Economic Development

Alex Glenn

51 2016 Senior Vice President - State and Federal Regulatory Legal Support

Regis Repko

2016 Senior Vice President and Chief Fossil/Hydro Officer

Brian Savoy

40 2016 Senior Vice President - Business Transformation and Technology

Michael Browning

69 2016 Lead Independent Director

William Webster

2016 Director

Michael Angelakis

51 2015 Independent Director

Daniel DiMicco

65 2007 Independent Director

John Forsgren

2009 Independent Director

Ann Gray

70 2016 Independent Director

John Herron

62 2013 Independent Director

James Hyler

68 2008 Independent Director

William Kennard

59 2014 Independent Director

E McKee

65 1999 Independent Director

Charles Moorman

64 2016 Independent Director

Carlos Saladrigas

67 2001 Independent Director

Joseph Crapster

Manager-Shareholder Communications

Biographies

Name Description

Lynn Good

Ms. Lynn J. Good has been appointed as Chairman of the Board, President, Chief Executive Officer of the Company., effective January 1, 2016. Ms. Good has served as Duke Energy's executive vice president and chief financial officer since July 2009. She joined Cinergy, a Duke Energy predecessor company, in 2003 following 20 years working in senior management roles and as a partner for Deloitte & Touche and Arthur Andersen. Prior to her tenure as Duke Energy's CFO, Good served as group executive and president of Duke Energy's Commercial Businesses organization. In this role, she was principally responsible for the Midwest non-regulated generation, Duke Energy International, Duke Energy Renewables, corporate development, and merger and acquisition activities.

Steven Young

Mr. Steven K. Young serves as Chief Financial Officer, Executive Vice President of the Company., since August 6, 2013. Mr. Young joined Duke Power in 1980 and over his career has led a number of key functions, including system planning and operating, rates and regulatory affairs, and as CFO of Duke Power. He has also been accountable for the company's interaction with the utility commissions in North Carolina and South Carolina and the Federal Energy Regulatory Commission. He earned a Bachelor of Arts degree in business administration from the University of North Carolina at Chapel Hill and has completed the Wharton Advanced Management Program.

Dhiaa Jamil

Mr. Dhiaa M. Jamil has been re-designated as Chief Operating Officer, Executive Vice President of the Company., effective 1 May 2016. Mr. Jamil has served as Executive Vice President and President, Generation and Transmission, since May 2015 and currently oversees nuclear, fossil, hydro, fuels and systems optimization, coal combustion products and transmission operations, as well as construction and project management and environmental health and safety. He will also assume responsibility for the supply chain organization. Prior to his current position, Mr. Jamil was Executive Vice President and President, Regulated Generation from August 2014 to May 2015, Executive Vice President and President, Duke Energy Nuclear from March 2013 until August 2014, Chief Nuclear Officer from 2008 until March 2013, and Group Executive and Chief Generation Officer from July 2009 until March 2013.

Melissa Anderson

Ms. Melissa H. Anderson has been re-designated as Chief Human Resource Officer, Executive Vice President - Administration of the Company., effective May 16, 2016. Anderson most recently served as senior vice president of human resources for Domtar, Inc., a Montreal-based company with 10,000 employees that produces fiber-based products, technology and services. Her previous experience includes serving as vice president of human resources of global financing at IBM Corporation. During her 17-year tenure with the Fortune 100 company, Anderson created and implemented talent strategies as well as led successful cultural initiatives. Anderson graduated from the University of North Carolina, Chapel Hill, where she received her BS in industrial relations. She received her Master of Industrial and Labor Relations from Cornell University.

Julie Janson

Ms. Julie S. Janson is an Executive Vice President, Chief Legal Officer, Corporate Secretary of the Company. She was President, Duke Energy Ohio and Duke Energy Kentucky. She was named to her current position in December 2008. Previously, Janson served as senior vice president of ethics and compliance, and corporate secretary for Duke Energy, a position she held since 2006. Prior to that, she served as corporate secretary and chief compliance officer for Cinergy Corp. She was appointed chief compliance officer in 2004 and corporate secretary in 2000. From 1998 to 2004, Janson served as senior counsel, providing advice on general corporate, corporate governance and securities-related matters. From 1996 to 1998, Janson served as counsel for Cinergy, providing research, advice and support for divestitures, mergers and acquisitions, and numerous internal clients including investor relations, shareholder services, corporate communications and government and regulatory affairs. She also served as corporate counsel to the international business unit. She was manager of investor relations for Cinergy from 1995 to 1996. Prior to joining Cinergy, Janson was corporate attorney for The Cincinnati Gas & Electric Company (CG&E), playing a role in the merger of CG&E and PSI Energy, which formed Cinergy Corp. Before joining CG&E, she served as a law clerk with Adams, Brooking, Stepner, Wolterman & Dusing in Covington, Ky. She earned a juris doctor degree from the University of Cincinnati College of Law. She holds a bachelor of arts degree in American Studies from Georgetown College in Georgetown, Ky.

Douglas Esamann

Mr. Douglas F. Esamann is a Executive Vice President, President - Midwest and Florida Regions of the Company., effective June 1, 2015. Mr. Esamann, age 57, has been President of Duke Energy Indiana, Inc., an indirect wholly owned subsidiary of Duke Energy, since November 2010. Mr. Esamann served as Senior Vice President of Corporate Strategy from July 2009 until November 2010. In connection with the appointment of Mr. Esamann to Executive Vice President and President, Midwest and Florida Regions, the Compensation Committee of the Board of Directors of Duke Energy, effective as of June 1, 2015, In addition, Mr. Esamann will participate in the Duke Energy Corporation Executive Severance Plan as a “Tier I” participant and has entered into a Change in Control Agreement in substantially the same form as Duke Energy’s other executive officers.

Lloyd Yates

Mr. Lloyd M. Yates is Executive Vice President - Market Solutions and President - Carolinas Region of the Company. Mr. Yates has served as Executive Vice President of Regulated Utilities since December 2012, and was Executive Vice President, Customer Operations from the time of the Merger until December 2012. Mr. Yates was previously President and Chief Executive Officer of Duke Energy Progress, Inc. (formerly, Progress Energy Carolinas, Inc.) from July 2007 until the Merger.

William Currens

Mr. William E. Currens Jr., has been appointed as Senior Vice President, Chief Accounting Officer, Controller of the Company., effective 16 May 2016. He has served as Vice President, Investor Relations, since September 2013, and served as General Manager, Investor Relations from April 2008 until September 2013. Prior to joining the Investor Relations organization, Mr. Currens served in various roles within the Corporate Controller’s organization after joining the Corporation in 2002. Prior to joining the Corporation, Mr. Currens had over nine years of experience in public accounting with KPMG LLP.

Paul Draovitch

Paul Draovitch serves as Senior Vice President - Environmental Health and Safety of the Company. Draovitch will be responsible for developing and advancing policies, programs and strategies to ensure Duke Energy's compliance with environmental, health and safety laws and regulations.

Clark Gillespy

Mr. Clark Gillespy serves as Senior Vice President - Economic Development of the Company. He will also lead the company's efforts to identify and promote wider adoption of new and emerging grid-enabled technologies, including electric vehicle charging infrastructure.

Alex Glenn

Mr. Alex Glenn serves as Senior Vice President - State and Federal Regulatory Legal Support of the Company. He is currently Duke Energy's Florida state president, will become senior vice president of state and federal regulatory legal support, partnering with the company's corporate and regulatory strategy team and state presidents to advance rate and regulatory initiatives, and update regulatory models. Glenn also will provide legal advice on state and federal regulatory matters.

Regis Repko

Mr. Regis Repko is Senior Vice President and Chief Fossil/Hydro Officer of the company. effective April 1, 2016. Prior to that, he served as site vice president of Duke Energy's McGuire Nuclear Station inHuntersville, N.C. Repko joined the company in 1985 as a junior engineer at Oconee Nuclear Station and has held a variety of engineering and leadership assignments throughout his career.

Brian Savoy

Mr. Brian D. Savoy has been re-designated as Senior Vice President - Business Transformation and Technology of the Company., effective 16 May 2016. He has served as director of financial forecasting since 2012. He has led a number of key functions, including vice president and controller of the company's Commercial Power segment, since joining Duke Energy in 2001. Previously, Savoy was a manager with Deloitte & Touche, where he oversaw audit engagements with energy clients. Savoy, a certified public accountant, earned a bachelor's degree in accounting from Lamar University in Texas and completed the Advanced Management Program at the Fuqua School of Business at Duke University.

Michael Browning

Mr. Michael G. Browning is a Lead Independent Director of the Company. Mr. Browning's qualifications for election include his management experience and his knowledge and understanding of Duke Energy's Midwest service territory. Mr. Browning's financial and investment expertise adds a valuable perspective to the Board and its committees. Mr. Browning has been Chairman of Browning Consolidated, LLC (and its predecessor), a real estate development firm, since 1981 and served as President from 1981 until 2013. He also serves as owner, general partner or managing member of various real estate entities. Mr. Browning is a former director of Standard Management Corporation, Conseco, Inc. and Indiana Financial Corporation.

William Webster

Mr. William E. Webster, Jr. has been appointed as Director of the Company, effective September 1, 2016. Mr. Webster has been determined by the Board to be independent pursuant to the Corporation’s Standards for Assessing Director Independence, the listing standards of the New York Stock Exchange and the rules and regulations of the Securities and Exchange Commission. In making the determination regarding Mr. Webster’s independence, the Board considered a relationship between the Corporation and PriceWaterhouseCoopers (“PwC”), a firm which provides professional tax and other services from time to time to the Corporation and at which Mr. Webster’s brother-in-law is a partner. The Board determined that Mr. Webster had no material interest in the transactions between the Corporation and PwC and approved the transactions. The Board determined that the transactions were in the best interests of the shareholders of the Corporation as they have been entered into in the ordinary course of business on terms that were negotiated at an arm’s length basis for services that are not provided by many other firms. Mr. Webster’s directorship will expire, along with the Corporation’s other directors’ terms, at the next annual meeting of shareholders. Mr. Webster has been appointed to the Nuclear Oversight Committee and Regulatory Policy and Operations Committee of the Board effective September 1, 2016.

Michael Angelakis

Mr. Michael J. Angelakis is an Independent Director of the Company. Mr. Angelakis served as Comcast's vice chairman and CFO from 2007 to July 2015 , overseeing the global media and technology company's strategic planning, corporate development, investor relations, taxation, and internal and external reporting units. Earlier in his career, Angelakis held the posts of managing director at Providence Equity Partners; CEO and president at State Cable TV Corp. and Aurora Telecommunications; and vice president at Manufacturers Hanover Trust Co.

Daniel DiMicco

Mr. Daniel R. DiMicco is an Independent Director of the Company. Mr. DiMicco has served as Chairman Emeritus of Nucor Corporation, a steel company, since December 2013. From January 2013 until December 2013, Mr. DiMicco served as Executive Chairman of Nucor Corporation and as Chairman from May 2006 to December 2012, Chief Executive Officer from September 2000 to December 2012 and President from September 2000 to December 2010. He was a member of the Nucor Board of Directors from 2000 to 2013. Mr. DiMicco is a former chair of the American Iron and Steel Institute.

John Forsgren

Mr. John H. Forsgren is an Independent Director of the Company. As a former Vice Chairman and Chief Financial Officer of a large utility company, Mr. Forsgren's qualifications for election include financial and risk management expertise as well as extensive knowledge of the energy industry, the regulatory environment within the industry and insight on renewable energy. Mr. Forsgren has been Chairman of The Phoenix Companies, Inc. since 2013 and was Vice Chairman, Executive Vice President and Chief Financial Officer of Northeast Utilities from 1996 until his retirement in 2004. He is a former director of CuraGen Corporation and Neon Communications Group, Inc.

Ann Gray

Ms. Ann Maynard Gray is Independent Director of the Company., since Jan. 1, 2016. She is no longer Chairman of the Board of Duke Energy Corp., effective December 31, 2013. Ms. Gray's qualifications for election include her business experience, both from a management perspective and as a result of her experience as a director at several public companies. Ms. Gray's public company experience has also given her in-depth knowledge of governance principles, which she utilizes on a variety of matters, including, among other things, succession planning, executive compensation and corporate governance. Ms. Gray was President of Diversified Publishing Group of ABC, Inc., a television, radio and publishing company, from 1991 until 1997 and was a Corporate Vice President of ABC, Inc. and its predecessors from 1979 to 1998. Ms. Gray is a former director of Elan Corporation, plc and former trustee of JPMorgan Funds.

John Herron

Mr. John T. Herron is an Independent Director of the Company, since March 1, 2013. Mr. Herron's qualifications for election include his knowledge and extensive insight gained as a senior executive in the utility industry, including his three decades of experience in nuclear energy. During Mr. Herron's career, he has gained significant regulatory and risk management expertise, which is an asset to the Board and its committees. Mr. Herron was President, Chief Executive Officer and Chief Nuclear Officer of Entergy Nuclear from 2009 until his retirement in 2013. Mr. Herron joined Entergy Nuclear in 2001 and held a variety of positions. He began his career in nuclear operations in 1979 and has held positions at a number of nuclear stations across the country. Mr. Herron is a director of Ontario Power Generation and also has served on the Institute of Nuclear Power Operations' board of directors.

James Hyler

Mr. James B. Hyler is an Independent Director of the Company., since 2008. Mr. Hyler's qualifications for election include his understanding of Duke Energy's North Carolina service territory and his knowledge and expertise in financial services, corporate finance and risk management. Mr. Hyler is Managing Director of Morehead Capital Management, LLC, a firm which invests in and acquires companies in various industries, since December 2011. He retired as Vice Chairman and Chief Operating Officer of First Citizens Bank in 2008, having served in these positions from 1994 until 2008. Mr. Hyler was President of First Citizens Bank from 1988 to 1994 and was Chief Financial Officer of First Citizens Bank from 1980 to 1988. Prior to joining First Citizens Bank, Mr. Hyler was an auditor with Ernst & Young for 10 years. Mr. Hyler served as a director of First Citizens BancShares from 1988 until 2008.

William Kennard

Mr. William E. Kennard is an Independent Director of the Company, since January 1, 2014. He Mr. Kennard's qualifications for election include his considerable experience and knowledge of the regulatory arena, as well as his financial knowledge, legal knowledge and international perspective. As former Chairman of the Federal Communications Commission, Mr. Kennard also has a great deal of expertise in technology, which is extremely valuable to the Board and its committees. Mr. Kennard is Non-Executive Chairman of Velocitas Partners, LLC, an asset management and advisory firm, since November 2014, as well as a member of the Operating Executive Committee of Staple Street Capital, a private equity firm. Prior to joining Velocitas Partners, LLC, Mr. Kennard served as Senior Advisor at Grain Management from October 2013 to November 2014; U.S. Ambassador to the European Union from 2009 to August 2013; Managing Director of The Carlyle Group from 2001 to 2009; and Chairman of the Federal Communications Commission from 1997 to 2001. Mr. Kennard holds a law degree from Yale Law School.

E McKee

Ms. E. Marie McKee is an Independent Director of the Company., since 1999. Ms. McKee's qualifications for election include her experience in human resources, which provides her with a thorough knowledge of employment and compensation practices. Her prior experience as a senior executive of Corning Incorporated has also given her excellent operating skills and an understanding of financial matters. Ms. McKee is a retired Senior Vice President of Corning Incorporated, a manufacturer of components for high-technology systems for consumer electronics, mobile emissions controls, telecommunications and life sciences. Ms. McKee has over 35 years of experience at Corning, where she held a variety of management positions with increasing levels of responsibility, including Senior Vice President of Human Resources from 1996 to 2010; President of Steuben Glass; and President of The Corning Museum of Glass and The Corning Foundation from 1998 to 2014.

Charles Moorman

Mr. Charles W. Moorman IV, is an Independent Director of the Company., effective 1 March 2016. Mr. Moorman retired as Chairman and Chief Executive Officer of Norfolk Southern Corporation where he was named President and Chief Executive Officer in 2005, Chairman, President and Chief Executive Officer in 2006, and Chairman and Chief Executive Officer in June 2013.

Carlos Saladrigas

Mr. Carlos A. Saladrigas is an Independent Director of the Company., since 2001. Mr. Saladrigas' qualifications for election include his extensive expertise in the human resources, financial services and accounting arenas, as well as his understanding of Duke Energy's Florida service territory. Mr. Saladrigas is Chairman of Regis HR Group, which offers a full suite of outsourced human resources services to small and mid-sized businesses. He has served in this position since July 2008. Mr. Saladrigas also serves as Chairman of Concordia Healthcare Holdings, LLC, which specializes in managed behavioral health, since January 2011. He served as Vice Chairman, from 2007 to 2008, and Chairman, from 2002 to 2007, of Premier American Bank in Miami, Florida. Mr. Saladrigas served as Chief Executive Officer of ADP Total Source (previously the Vincam Group, Inc.) from 1984 to 2002.

Joseph Crapster