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Duke Energy ( (DUK) ) just unveiled an update.
Duke Energy announced that Harry Sideris will become President and CEO, effective April 1, 2025, following Lynn J. Good’s retirement. Sideris, a 29-year company veteran, is expected to leverage his extensive experience to continue the company’s growth and innovation in regulated utility operations, while Theodore F. Craver, Jr. will become the independent Chair of the Board. The transition is part of a long-term succession plan aimed at maintaining the company’s strong market position and commitment to customer service and stakeholder engagement.
More about Duke Energy
Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. It provides electric utilities to 8.4 million customers across several states and owns 54,800 megawatts of energy capacity. The company also serves 1.7 million natural gas customers and is committed to a clean energy transition with goals for net-zero emissions by 2050.
YTD Price Performance: -1.81%
Average Trading Volume: 3,216,936
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $81.78B
Learn more about DUK stock on TipRanks’ Stock Analysis page.
