Thursday, October 10, 2013

Duke CEO among Fortune's 50 "most powerful women"

Duke Energy CEO Lynn Good, who took over leadership of the nation's largest regulated utility on July 1, has made Fortune's list of the 50 most powerful women in business.

Good landed at No. 16 on the list, just behind business stars including Facebook's Sheryl Sandberg (No. 5) and Meg Whitman of Hewlett Packard (No. 9). She's the highest-ranked new member of the 50-woman club.

Fortune writes that Duke's former chief financial officer, 54, was elevated to "to steady the ship after Duke's merger with Progress Energy, executive departures and an investigation (actually two) into whether misled state regulators about management of the combined company."

Good succeeded former CEO Jim Rogers, who will retire as chairman of Duke at the end of the year. Rogers agreed to retire as part of Duke's settlement of the merger investigation by the N.C. Utilities Commission. Lead director Ann Maynard Gray will replace Rogers.

3 comments:

Anonymous said...

Well, if you were head of a company that has a monopoly on all aspects for millions upon millions of people you too would be looked upon as a very POWERFUL person!!!!

Anonymous said...

So who raised her children?

Liberty Bell said...

Apparently we have a few haters who are intimated the success of a woman. I congratulate her on her success and look forward with working FOR her in the future.
I have worked for many women in my life in the military service and everyone of them deserved the position they held.
I suspect Mrs. Lynn Good will be an outstanding asset to the company.