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MarketScreener Homepage  >  Equities  >  Nyse  >  Duke Energy Corporation    DUK

DUKE ENERGY CORPORATION

(DUK)
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Duke Energy : announces leadership changes

11/19/2020 | 12:37pm EST

CHARLOTTE, N.C. - Duke Energy today announced several executive changes, including a newly formed chief generation officer role, to further drive the company's ambitious strategy to achieve net-zero carbon emissions by 2050. In addition, the company also named new leaders in the critical areas of corporate security, risk management and ethics and compliance.

The six executives involved in the moves bring diverse backgrounds, expertise and experience that will further advance Duke Energy's industry leadership.

The changes are effective Dec. 1, 2020.

Preston Gillespie, currently senior vice president and chief nuclear officer, will become senior vice president and chief generation officer. In this new role, Gillespie will be responsible for integrating the company's nuclear, fossil, hydro and regulated renewable generation strategies to support Duke Energy's target of net-zero carbon emissions by 2050. A 30-year industry veteran, Gillespie has held a variety of leadership roles across the Duke Energy nuclear fleet, including operations shift manager, operations manager, plant manager, site vice president and senior vice president of nuclear operations.

Kelvin Henderson, currently senior vice president of North Carolina nuclear operations, will replace Gillespie as senior vice president and chief nuclear officer. Henderson has spent more than two decades in the nuclear industry and has a deep knowledge of nuclear operations, given his roles as senior reactor operator, maintenance manager, plant manager and site vice president. He also oversaw the company's corporate nuclear operations, driving efficiencies and operational excellence and will spearhead subsequent relicensing of these carbon-free assets.

Ben Waldrep, currently senior vice president and chief security officer, will assume Henderson's role, leading the North Carolina nuclear operations. This includes managing the operations of Duke Energy's McGuire, Brunswick and Harris nuclear stations. He also managed the company's corporate nuclear operations, overseeing the integration of Progress Energy and Duke Energy's nuclear fleets. Prior to his most recent role, Waldrep had a long history of leading teams in the nuclear industry, with more than 30 years in the energy sector.

Keith Butler, currently senior vice president, global risk management and insurance, chief risk officer and acting chief ethics and compliance officer, will become senior vice president and chief security officer. Butler will bring more than 35 years of experience in risk management, finance, accounting and operations to this critical leadership role for Duke Energy and the broader energy industry. He will oversee the company's cybersecurity, physical security, threat management and emergency planning functions and integrate with other peer utilities to help ensure critical infrastructure remains well protected.

Katie Aittola, currently managing director of supply chain risk, continuous improvement and governance, will become vice president, global risk management and insurance and chief risk officer. Aittola joined Duke Energy in 2009 and her background includes more than a decade in corporate development, financial planning and analysis and supply chain, which will serve her well as she leads the team responsible for identifying, evaluating and mitigating risks across the company.

Melissa Feldmeier, currently deputy general counsel, will be named vice president and chief ethics and compliance officer. Feldmeier has been a part of Duke Energy's legal team since 2001. She most recently provided legal counsel on human resources matters, serving as a trusted advisor to many senior leaders and distinguishing herself as a strong advocate to oversee Duke Energy's ethics program, data privacy and compliance standards.

'These executives exemplify the diverse, knowledgeable and experienced leadership we value at Duke Energy,' said Lynn Good, Duke Energy chair, president and CEO. 'Each of these leaders is dedicated to serving our customers, inspiring our people and advancing the company's strategic goals.'

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 2,300 megawatts through its nonregulated Duke Energy Renewables unit.

Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve 7.8 million retail electric customers in six states: North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to 1.6 million customers in five states: North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.

Duke Energy was named to Fortune's 2020 'World's Most Admired Companies' list and Forbes' 'America's Best Employers' list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: 800.559.3853

Disclaimer

Duke Energy Corporation published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2020 17:36:02 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 25 296 M - -
Net income 2020 2 929 M - -
Net Debt 2020 64 130 M - -
P/E ratio 2020 23,2x
Yield 2020 4,19%
Capitalization 67 789 M 67 789 M -
EV / Sales 2020 5,21x
EV / Sales 2021 5,09x
Nbr of Employees 28 793
Free-Float 94,7%
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 98,31 $
Last Close Price 92,11 $
Spread / Highest target 21,6%
Spread / Average Target 6,73%
Spread / Lowest Target -3,38%
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Managers and Directors
NameTitle
Lynn J. Good Chairman, President & Chief Executive Officer
Dhiaa M. Jamil Chief Operating Officer & Executive Vice President
Steven K. Young Chief Financial Officer & Executive Vice President
Bonnie Titone Chief Information Officer
Michael G. Browning Lead Independent Director
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