Duke Energy Announces Leadership Restructuring and Clean Energy Focus
Duke Energy (NYSE: DUK) unveiled a series of executive leadership changes aimed at bolstering its clean energy transition strategy.
Harry Sideris Takes the Helm:
- Effective April 1, Harry Sideris assumes the role of President, overseeing electric and gas utilities, customer service, and operations.
- Sideris, a Duke Energy veteran with 28 years of experience, brings extensive leadership across various company functions.
- Lynn Good, Chair and CEO, praised Sideris’s qualifications: “His experience equips him to lead during this crucial transformation as we strive to deliver affordable, reliable, and increasingly clean energy.”
Executive Departures and Transitions:
- Steve Young, Executive Vice President and Chief Commercial Officer, is retiring on June 30th.
- Young will serve as a senior advisor until his official retirement.
- The company acknowledged Young’s 40-year career with Duke Energy, highlighting his contributions as CFO and his role in shaping the company’s strategic direction.
Additional Leadership Appointments:
- Bonnie Titone assumes the role of Senior Vice President and Chief Administrative Officer, overseeing IT, cyber security, supply chain, and facilities.
- Sasha Weintraub takes over as Senior Vice President and Chief Customer Officer, leading customer service and new product development.
- Scott Batson is appointed Senior Vice President and Chief Power Grid Operations Officer, responsible for managing the electric transmission and distribution systems.
Focus on Clean Energy Future:
These leadership changes underscore Duke Energy’s commitment to its clean energy goals. The company remains dedicated to:
- Providing affordable and reliable energy.
- Investing in renewable energy sources.
- Upgrading the power grid infrastructure.
- Implementing innovative technologies.
About Duke Energy:
Duke Energy (NYSE: DUK) is a leading energy company serving millions of customers across six states. The company employs over 27,500 individuals and is committed to building a sustainable energy future through its ambitious carbon reduction goals.