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Duke Energy elects Lynn Good as president and CEO

Staff writer |
Charlotte, N.C., USA - June 19, 2013, Charlotte, N.C., USA - Duke Energy announced that it has unanimously elected Lynn Good as its next president and chief executive officer, effective July 1, 2013.

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Ms. Good will also serve as a director on the Duke Energy board. She 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, Ms. 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.

Ms. Good will succeed Jim Rogers, who will continue to serve as chairman of the board until his retirement on December 31, 2013.

Mr. Rogers has served as a CEO in the utility industry for more than 23 years. He became president and CEO of Duke Energy following the merger between Duke Energy and Cinergy in 2006. Before the merger, he served as Cinergy's chairman and CEO for more than 11 years. Prior to the formation of Cinergy, he joined PSI Energy in 1988 as the company's chairman, president and CEO.

Mr. Rogers has served as deputy general counsel for litigation and enforcement for the Federal Energy Regulatory Commission (FERC); executive vice president of interstate pipelines for the Enron Gas Pipeline Group; and as a partner in the Washington, D.C., law office of Akin Gump Strauss Hauer & Feld.

Prior to those appointments, Mr. Rogers served as assistant to the chief trial counsel at FERC; as a law clerk for the Supreme Court of Kentucky; and as assistant attorney general for the Commonwealth of Kentucky. He was also a reporter for the Lexington (Kentucky) Herald-Leader for three years.

Mr. Rogers has served on the boards of directors of eight Fortune 500 companies, and is currently a director of Cigna and Applied Materials. He earned the reputation as a "CEO Statesman." Newsweek named him one of "The 50 Most Powerful People in the World."

In the U.S., Mr. Rogers was chairman of the Edison Electric Institute when it changed its position to support federal climate change legislation in 2007. He was also the founding chairman of the Institute for Electric Efficiency and past co-chair of both the National Action Plan for Energy Efficiency and the Alliance to Save Energy.

Mr. Rogers serves on the boards of directors of the Institute of Nuclear Power Operations and the World Association of Nuclear Operators. He also serves on the boards of the Aspen Institute, Brookings Institute, Duke University's Nicholas Institute for Environmental Policy Solutions and is a lifetime member of the Council on Foreign Relations.

Mr. Rogers attended Emory University and earned Bachelor of Business Administration and Juris Doctor degrees from the University of Kentucky, where he was a member of the Kentucky Law Journal and Beta Gamma Sigma National Honor Society.

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