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Business & Economy

Two Duke Energy Board Members Resign

WUNC | By Leoneda Inge

Published July 31, 2012 at 9:00 AM EDT

Duke Energy is looking for new board members since the resignation of two former Progress Energy directors.

Leoneda Inge: Duke Energy says it has accepted the resignations of John Baker the second and Theresa Stone. The company says the board’s Corporate Governance Committee will make a recommendation to the full Board of Directors to fill the vacancies. Baker and Stone resigned in protest while calling on the company to begin a formal search for a new CEO. Former Progress CEO Bill Johnson officially served as the head of the combined Progress - Duke Energy for only a few hours before being fired. Some call it a coup. Former Duke Energy CEO Jim Rogers was re-called to the post by legacy Duke board members who make up a majority of the board. While the state Utilities Commission investigates, former Progress Board members Marie McKee and James Hyler have hinted they could also leave the Duke Energy Board.

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Business & Economy Duke Energy Progress Energy

Leoneda Inge

Leoneda Inge is the co-host of WUNC's "Due South." Leoneda has been a radio journalist for more than 30 years, spending most of her career at WUNC as the Race and Southern Culture reporter. Leoneda’s work includes stories of race, slavery, memory and monuments. She has won "Gracie" awards, an Alfred I. duPont Award and several awards from the Radio, Television, Digital News Association (RTDNA). In 2017, Leoneda was named "Journalist of Distinction" by the National Association of Black Journalists.

See stories by Leoneda Inge

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