On July 21, 2021, Duke Energy Corp.'s CFO is defending the Company's investment decisions and leadership direction against Elliott Investment Management LP waging a campaign to highlight an erosion of value at one of the nation's top utilities. Elliott Investment publicly released another letter it sent to the Company's board of directors reiterating concerns about the oversight of the utility giant's current leadership team. Duke Energy CFO Steven Young contends that the Company is moving in the right strategic direction as activist pushes for leadership changes. Elliott believes that the Company should require the chair of the board to be an independent director, thus removing CEO Lynn Good from this post, and should improve operational performance in line with its higher electricity rates in Florida, accelerate growth in Indiana and show investors how it intends to close its valuation gap with other utility holding companies. The Company CFO Steven Young stated that the Company always entertained those ideas, and it continued to have dialogue with Elliott but thus far, Elliott's ideas have lacked any strategic or financial benefits. Steven Young stated the Company has reviewed these proposals in depth and shared this with the Company board but determined they are not in the best interest of the Company shareholders.