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Duke Energy Corporation (DUK)

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Duke Energy Corporation
550 South Tryon Street
Charlotte, NC 28202
United States - Map
Phone: 704-382-3853

Index Membership:N/A
Industry:Diversified Utilities
Full Time Employees:27,948

Business Summary 

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in Ohio and Kentucky; and transports and sells natural gas in Southwestern Ohio and Northern Kentucky. This segment owns approximately 50,000 megawatts of generation capacity; and uses coal, oil, hydroelectric, natural gas, and nuclear fuel to generate electricity. It serves approximately 7.2 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States with a service area covering approximately 104,000 square miles; approximately 500,000 retail natural gas customers in southwestern Ohio and northern Kentucky. This segment is also involved in the wholesale of electricity to incorporated municipalities, electric cooperative utilities, and other load-serving entities. The International Energy segment operates and manages power generation facilities; and markets and sells electric power, natural gas, and natural gas liquids. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial and commercial companies. The Commercial Power segment owns, operates, and manages power plants, as well as is involved in the wholesale marketing and procurement of electric power, fuel, and emission allowances related to plants. It also retails electricity; and operates and develops transmission projects. This segment generates electricity through coal, natural gas, and renewable energy sources. Duke Energy Corporation was founded in 1916 and is headquartered in Charlotte, North Carolina.

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Corporate Governance 
Duke Energy Corporation’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 4; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Ms. Lynn J. Good , 54
Vice Chairman, Chief Exec. Officer and Pres
Mr. Steven K. Young , 55
Chief Financial Officer and Exec. VP
Mr. Marc E. Manly , 61
Exec. VP and Pres of Commercial
Mr. Dhiaa M. Jamil , 58
Exec. VP and Pres of Duke Energy Nuclear
Mr. Lloyd M. Yates , 53
Exec. VP of Market Solutions and Pres of Carolinas Region
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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