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DUK > SEC Filings for DUK > Form 8-K on 24-Jul-2014All Recent SEC Filings

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Form 8-K for DUKE ENERGY CORP


24-Jul-2014

Change in Directors or Principal Officers


ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

Appointment of Principal Operating Officer

On July 24, 2014, Duke Energy Corporation ("Duke Energy") announced a change in the responsibilities of Mr. B. Keith Trent and Mr. Lloyd M. Yates, effective August 1, 2014.

Mr. Trent, age 54, will become Executive Vice President, Grid Solutions and President, Midwest and Florida Regions. In this role, Mr. Trent will be responsible for the regulated operations, including electric and natural gas distribution, in Duke Energy's Ohio, Indiana and Florida jurisdictions. He will continue to be responsible for Duke Energy's transmission operations along with the added responsibility for leading the advancement of Duke Energy's enterprise strategy for grid solutions. Mr. Trent has served as Executive Vice President and Chief Operating Officer of Regulated Utilities since December 2012, and was Executive Vice President of Regulated Utilities from the time of the merger of Duke Energy and Progress Energy, Inc. (the "Merger") in July 2012 until December 2012. Mr. Trent was previously Group Executive and President, Commercial Businesses from July 2009 until the Merger.

Mr. Yates, age 53, will become Executive Vice President, Market Solutions and President, Carolinas Region. Mr. Yates will be responsible for the regulated operations, including electric distribution, in Duke Energy's North Carolina and South Carolina jurisdictions. He will continue to lead the advancement of Duke Energy's enterprise strategy for distributed energy resources and will add responsibility for enterprise customer solutions and delivery. Mr. Yates has served as Executive Vice President of Regulated Utilities since December 2012, and was Executive Vice President, Customer Operations from the time of the Merger until December 2012. Mr. Yates was previously President and Chief Executive Officer of Duke Energy Progress, Inc. (formerly, Progress Energy Carolinas, Inc.) from July 2007 until the Merger.


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