#United States #Charlotte #Duke Energy #Harry Sideris #Lynn Good

Duke Energy Announces New Leadership

Duke Energy, one of America's leading energy companies, has announced a pivotal leadership change as Harry Sideris is set to take over as President and Chief Executive Officer, effective April 1, 2025. This transition follows the retirement of Lynn Good, who has been a central figure in shaping the company's strategic direction over the past decade.

A Legacy of Leadership

Lynn Good has served as Duke Energy's CEO for more than 11 years, overseeing a phenomenal transformation of the company into a premier regulated utility. Under her stewardship, Duke Energy has not only enhanced its customer service but also increased shareholder value, solidifying its reputation in the energy sector. Good thanked her dedicated team and expressed pride in the achievements made during her tenure, emphasizing the strong foundation laid for future growth.

Enter Harry Sideris

Harry Sideris is no stranger to Duke Energy, having dedicated nearly three decades to the company. His previous role as president has equipped him with extensive knowledge and experience across various areas, including operations and customer services. Sideris’ leadership has been characterized by his commitment to innovation, customer engagement, and regulatory success—qualities that are crucial for steering the company forward in a dynamic energy landscape.

“I'm honored to assume the leadership of Duke Energy at this critical juncture,” Sideris remarked. “We are in a strong position thanks in part to Lynn's guidance, and I'm excited to build upon this momentum to meet the evolving needs of our customers.”

Strategic Outlook

As Sideris takes the helm, he will lead Duke Energy through a period marked by rapid industry changes, including shifts toward cleaner energy solutions. The company is already investing heavily in upgrades to the electric grid, which aims to enhance service reliability while making strides toward achieving net-zero carbon emissions by 2050. Duke Energy's commitment to sustainability is further illustrated by its ambitious aim to reach net-zero methane emissions from its natural gas business by 2030.

Ted Craver, the lead independent director, will transition into the role of independent chair of the board, a position critical to supporting the new CEO. He highlighted Sideris' successful track record and expressed confidence in his abilities to navigate the upcoming challenges and opportunities.

Moving Forward

As Duke Energy prepares for this leadership transition, all eyes will be on how Sideris starts to implement his vision for the future. Given his comprehensive background in utility management and customer engagement, stakeholders are hopeful that Sideris will guide the company toward continued success amid an industry rapidly changing towards renewables.

With a firm commitment to reliability, affordability, and accessibility, Duke Energy is poised to leverage new opportunities while maintaining its status as a key player in the U.S. energy market. Followers of Duke can stay informed on company developments via social media platforms like X, LinkedIn, Instagram, and Facebook, which highlight the ongoing innovations and sustainability efforts that define the company’s mission today.

The company invites everyone to join them in this new chapter and looks forward to sharing its journey of energy transformation leading into the future.