Most Active Stories
- A Tree's Life: From The North Carolina Mountains To Your Living Room
- North Carolina To End Use Of Gas Chambers In Animal Shelters
- The Militarization Of North Carolina's Police
- North Carolina: Conservatives, Educators Debate Content Of AP U.S. History Class
- Panthers: Cam Newton Has Two Fractures In His Lower Back
Hosts, Reporters and Producers
Business & Economy
Fri July 20, 2012
Duke Energy Board Members Testify
There were signs early in the Duke-Progress Energy merger process that Bill Johnson would not have a long tenure at the combined company. Ann Gray is the lead director on the Duke Energy board of directors. She told the North Carolina Utilities Commission today the board did not have a good impression of Johnson at one of their first meetings in 2010.
Ann Gray: He did describe himself as being an individual who likes to learn but not be taught. That was an expression that stayed with our board and we watched for that to develop.
Johnson the former CEO of Progress Energy was supposed to serve as CEO after Duke and Progress merged. He was fired on the day the merger was approved. The utilities commission is trying to decide if Duke Energy misled the body during the merger process.