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North Carolina regulators, following an investigation, reached an agreement with Duke in which the company was required to choose a new CEO by the middle of 2013. Good was selected by a board composed of both Duke and Progress members. [4] Lynn Good became CEO of Duke Energy on July 1, 2013. [4] Good was also elected to the Duke board.
Per the merger agreement between Progress and Duke, he was slated to become CEO of the new combined company. Within an hour after the merger closed, he was removed as CEO by the new board, the majority of whom were legacy Duke Energy board members. [9] The Los Angeles Times estimated that Johnson received $44 million as severance pay. [10]
During 2006, Duke Energy also acquired Chatham, Ontario-based Union Gas, which is regulated under the Ontario Energy Board Act (1998). On January 3, 2007, Duke Energy spun off its gas business to form Spectra Energy. Duke Energy shareholders received 1 share of Spectra Energy for each 2 shares of Duke Energy.
Duke Energy’s Lynn Good on CEO succession planning: Good Morning from DLD in Munich, where there’s much relief and discussion about the Israel-Hamas ceasefire. Co-chair Yossi Vardi is an ...
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[6] [7] She was on the board of Polaris Industries from 2003 till 2021. [8] She was also the Vice President of Global Operations and Supply Chain at Dell from 2006 to 2021. [9] She is on the Board Of Directors of Duke Energy Corporation and NXP Semiconductors. [3] Nordson Corporation elected Annette to its board of directors in February 2024. [7]
Duke Energy receives key approvals for new gas plants at 2 North Carolina sites. Adam Wagner. January 4, 2025 at 7:00 AM. An aerial view of the Marshall Steam Station, a coal power plant owned by ...
After Progress Energy merged with Duke Energy in 2012, she was named the Vice President of Corporate Public Affairs. [7] [2] In this capacity, she worked with public officials at the local, state, and federal levels to develop public policies to protect consumers and businesses. [2] Pinnix-Ragland retired from Duke Energy in June 2016. [11]