Duke Energy Welcomes New Leaders as Key Executive Transitions Occur

Duke Energy's Leadership Evolution

Duke Energy, one of the largest energy companies in the United States, is undergoing a significant leadership transition. On December 12, 2025, the company announced the retirement of Cindy Lee, its senior vice president, chief accounting officer, and controller, after an impressive 24 years of service. Lee's retirement is effective March 1, 2026, with a transition to a strategic advisory role until the end of the year.

Following Lee's departure, Abby Motsinger, who has served as vice president of investor relations, will step into her position. Recognized for her extensive experience and successful leadership across various finance and accounting operations within the company, Motsinger brings 16 years of valuable expertise to her new role. Brian Savoy, the CFO of Duke Energy, praised her results-driven approach, strategic mindset, and commitment to continuous improvement, expressing optimism about her ability to positively impact the organization.

In acknowledgment of Lee’s outstanding contributions over the years, Savoy noted that her leadership has left an indelible mark on Duke Energy, fostering a culture of excellence with a strong team that will uphold her legacy. To continue driving value for various stakeholders amidst a massive investment in the utility sector, the company has also announced additional leadership appointments across its finance organization.

New Leadership Appointments

As part of the reshuffling within the finance team, the company has made several additional appointments, effective January 1, 2026. Mike Callahan will take on the role of senior vice president for financial planning and analysis. Having been a part of Duke Energy for over 20 years, Callahan has held multiple positions, including that of treasurer and South Carolina state president. His in-depth understanding of the company and the industry is expected to contribute significantly to his new role.

Nick Giaimo will step into the position of senior vice president, treasurer, and chief risk officer. Previously vice president of financial planning and analysis, Giaimo has a history of success within the organization, serving in various roles that have honed his skills in financial strategy and governance.

Finally, effective March 1, 2026, Mike Switzer will replace Motsinger as vice president of investor relations while continuing to lead corporate development initiatives. With relationships built over an 18-year career at Duke Energy, Switzer is well-respected for his extensive corporate knowledge and development skills.

These leadership changes come at a time when Duke Energy is committed to a robust capital investment plan, aimed at meeting increasing demand across its service territories while ensuring the reliability and affordability of energy for customers. The company is focusing on building a smarter energy future, which includes major upgrades to electric grids and investments in cleaner energy sources such as natural gas, renewables, nuclear energy, and energy storage solutions.

Duke Energy, which currently serves about 8.6 million customers across six states, is a prominent player in the energy industry. The company is committed to continually enhancing its service and expanding its capabilities to meet future energy demands.

To stay updated on the latest from Duke Energy, consider following their social media channels and visiting their official website for insightful news and updates regarding their projects and initiatives designed to shape the future of energy in the United States.