Duke Energy Appoints Harry Sideris as New CEO

Portfolio - People | Jan 13, 2025 | EIN

Duke Energy Appoints Harry Sideris as New CEO

Duke Energy has announced the appointment of Harry Sideris as President and CEO, effective April 1, 2025, succeeding Lynn Good who will retire from the role. Sideris, a veteran of almost three decades at Duke Energy, will also join the board of directors, marking a new leadership phase for the company. Lead independent director Ted Craver will become the independent chair of the board. The transition comes after a comprehensive multiyear CEO-succession process, with Sideris highlighted for his extensive experience in operations, customer service, strategy, and stakeholder engagement. Good's leadership is noted for transforming Duke Energy into a leading regulated utility company, enhancing stakeholder engagement, and modernizing regulatory constructs. The changes are expected to position the company effectively for future challenges and opportunities, continuing its momentum in the industry as a major energy holding company.

Sectors

  • Utilities
  • Energy

Geography

  • United States – The article discusses Duke Energy, a U.S.-based company operating in several states, including North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky.

Industry

  • Utilities – The appointment of a new CEO at Duke Energy, one of America's largest energy companies, highlights strategic leadership changes in the utilities sector.
  • Energy – Duke Energy operates as a major player in the energy sector, engaging in electric and gas utilities across multiple states, impacting millions of customers.

Financials

    Participants

    NameRoleTypeDescription
    Duke EnergyCompany undergoing leadership changeCompanyA Fortune 150 company and one of America's largest energy holding companies.
    Harry SiderisIncoming CEOPersonAppointed as the new President and CEO of Duke Energy, with nearly three decades of experience in the company.
    Lynn GoodOutgoing CEOPersonRetiring CEO who has served Duke Energy for nearly 20 years, transforming it into a leading regulated utility company.
    Ted CraverIncoming Board ChairPersonLead independent director and the new independent chair of the Duke Energy Board of Directors.