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Duke Energy Corporation (DUK)

NYSE - Nasdaq Real-time price. Currency in USD
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114.40+1.17 (+1.03%)
At close: 04:03PM EDT
114.69 +0.29 (+0.25%)
After hours: 05:29PM EDT

Duke Energy Corporation

526 South Church Street
Charlotte, NC 28202-1803
United States
704 382 3853
https://www.duke-energy.com

Sector(s):Β Utilities
Industry:Β Utilitiesβ€”Regulated Electric
Full-time employees:Β 28,000

Key executives

NameTitlePayExercisedYear born
Ms. Lynn J. GoodChairman, Pres & CEO4.98MN/A1960
Mr. Steven Keith YoungExec. VP & CFO1.95MN/A1958
Mr. Dhiaa M. JamilExec. VP & COO2.13MN/A1956
Mr. Kodwo Ghartey-TagoeExec. VP, Chief Legal Officer & Company Sec.1.57MN/A1963
Ms. Julia Smoot Janson J.D.Exec. VP & CEO of Duke Energy Carolinas1.88MN/A1964
Ms. Cynthia S. LeeVP, Chief Accounting Officer & ControllerN/AN/A1967
Ms. Bonnie B. TitoneSr. VP & Chief Information OfficerN/AN/AN/A
Ms. Melody BirminghamSr. VP & Chief Admin. OfficerN/AN/A1972
Mr. Jack SullivanVP of Investor RelationsN/AN/AN/A
Ms. Melissa M. FeldmeierVP and Chief Ethics & Compliance OfficerN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. It also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. This segment serves approximately 8.2 million customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 91,000 square miles; and owns approximately 50,259 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in pipeline transmission and natural gas storage facilities. It has approximately 1.6 million customers, including 1.1 million customers in North Carolina, South Carolina, and Tennessee, as well as 550,000 customers in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, owns, develops, builds, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and corporate customers. It has 23 wind, 178 solar, and 2 battery storage facilities, as well as 71 fuel cell locations with a capacity of 3,554 MW across 22 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.

Corporate governance

Duke Energy Corporation’s ISS governance QualityScore as of 1 May 2022 is 2. The pillar scores are Audit: 5; Board: 3; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.