Jim Rogers

Lynn Good Named Duke CEO

Jun 18, 2013
Duke CEO Lynn Good
Duke Energy

Duke Energy executive Lynn Good will replace long-time CEO Jim Rogers.

We knew Rogers would be leaving Duke. He's 65. And, state regulators made him promise to retire this year as part of a settlement to end the investigation into that surprise CEO switch when Duke merged with Progress.

Ben Bradford / WFAE

Duke Energy hosted its annual shareholder meeting in Uptown Thursday, one day before the company releases its first quarter earnings report. CEO Jim Rogers pronounced the company healthy and profitable, but the meeting was also a rare opportunity to berate the CEO.


Duke's 2012 Earnings Bolstered By Higher Rates

Feb 13, 2013
Duke Energy/Flickr

Duke Energy reported modest earnings for 2012 of about $3 per share – but the number would have been much lower if Duke hadn't raised electric rates in the Carolinas by 7 percent last year. WFAE's Julie Rose reports on this classic case of conflicting interests – where pain for ratepayers means profit for investors:

Duke CEO: Don't Fear The Fiscal Cliff

Dec 17, 2012
Julie Rose

The Charlotte business community gathered Monday for a diagnostic take on the U.S. economy from the city's top industries. Executives of Bank of America, Wells Fargo, Duke Energy, Nucor and Premier health care alliance offered a grim picture of slow growth and high unemployment. 

If the U.S. economy had a life coach, every pep-talk these days would be along the lines of "Look pal, you gotta 'Fake it 'til you make it.' Confidence breeds success.  All this worry is bringing you down."

Duke Settlement Restores 'Merger Of Equals'

Dec 3, 2012
Duke Energy/Flickr

When North Carolina utility regulators meet Monday at 10 a.m., they're expected to approve a settlement that resolves their investigation into the sudden firing of Progress CEO Bill Johnson shortly after the company merged with Duke.

The settlement calls for Duke CEO Jim Rogers to resign by the end of next year. Critics say the utilities commission is wasting time on personality clashes and power struggles surrounding Duke's leadership switch at the expense of more substantive aspects of the merger that might impact customers. 

Duke CEO To Retire In Settlement With Regulators

Nov 30, 2012

Duke Energy CEO Jim Rogers will step down sometime next year as part of a settlement announced late yesterday that would resolve an investigation of the company's merger with Progress Energy. Angry North Carolina utility regulators launched the investigation when Duke's  board abruptly fired the man they'd promised would lead the merged company - Progress CEO Bill Johnson.

WFAE's Julie Rose joined Morning Edition Host Duncan McFadyen to sort through the settlement.

MCFADYEN: So Julie, is Duke admitting it was wrong to fire Johnson like that and keep Rogers on as CEO?

Progress Boosts Duke Earnings, Challenges Ahead

Nov 9, 2012

Duke Energy says earnings in the third quarter rose 26%, primarily because it was the first full quarter to include Progress Energy.  That figure slightly exceeded analyst expectations, but questions remain about challenges Duke Energy faces going forward.

The list includes:

Duke Energy says earnings in the third quarter rose 26%, primarily because it was the first full quarter to include Progress Energy.  That figure slightly exceeded analyst expectations, but questions remain about challenges Duke Energy faces going forward.

The list includes:

Duke CEO Reassures Florida Regulators

Aug 13, 2012

Duke CEO Jim Rogers again took questions from regulators today - this time in Florida, where the company now has a presence thanks to its merger with Progress Energy.