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Duke Energy changes management structure

Duke Energy has altered its management structure.

12 July 2012

Duke Energy Corporation has used contract negotiations to determine its new management structure, following its recent tie-up with Progress Energy.

Chief integration and innovation officer Paula Sims, executive vice-president and chief administrative officer Mark Mulhern and regulated utilities executive vice-president John McArthur have all resigned, with this effective immediately.

Integration efforts are ongoing between the two merged entities and are on-track, with workers diligently pursuing this goal.

Chief executive officer, chairman and president of Duke Energy Jim Rodgers expressed the company's regret at the fact that staff are retiring.

He said the business encouraged all personnel to stay in their roles, but the three employees asked to step down.

"We wish them well," the company leader declared.

Mr Rogers has been ordered to appear at a hearing held by the North Carolina Utilities Commission regarding this management change, with attorney general Roy Cooper saying in a statement: "We need to get to the bottom of this to make sure we protect consumers."

Source: Duke Energy press release, July 10th

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