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Duke Energy Corporation (DUK)

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82.69+0.12 (+0.15%)
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Duke Energy Corporation

550 South Tryon Street
Charlotte, NC 28202-1803
United States
704-382-3853
http://www.duke-energy.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full Time Employees29,000

Key Executives

NameTitlePayExercisedYear Born
Ms. Lynn J. GoodChairman, Pres & CEO4.55MN/A1960
Mr. Steven Keith YoungExec. VP & CFO1.71MN/A1958
Mr. Dhiaa M. JamilExec. VP & COO1.92MN/A1956
Ms. Julia Smoot JansonExec. VP of External Affairs & Pres of Carolinas Region1.57MN/A1964
Mr. Douglas F. EsamannExec. VP of Energy Solutions and Pres of Midwest/Florida Regions & Natural Gas Bus.1.45MN/A1958
Amounts are as of December 31, 2019 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.

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 sources, 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 7.8 million retail electric 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 51,144 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 535,000 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 commercial and industrial customers. It has 22 wind, 126 solar, and 1 battery storage facilities, as well as 11 fuel cell locations with a capacity of 2,282 MW across 19 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 incorporated in 2005 and is headquartered in Charlotte, North Carolina.

Corporate Governance

Duke Energy Corporation’s ISS Governance QualityScore as of December 9, 2019 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 4; Compensation: 1.

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 a 10 indicates higher governance risk.