Reuters: Regulatory News: Duke reaches North Carolina settlement; CEO to leave in 2013

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Duke reaches North Carolina settlement; CEO to leave in 2013 Nov 29th 2012, 22:28 Thu Nov 29, 2012 5:28pm EST Nov 29 (Reuters) - Duke Energy Corp said on Thursday that its chief executive would step down in 2013 as the utility also unveiled a settlement with North Carolina agencies over the company's leadership following its takeover of Progress Energy this year. Duke said the parties agreed the settlement did not represent an admission or acknowledgement of illegal or improper acts by the company. In a separate statement released at the same time, Duke said Jim Rogers, who has been its CEO since 2006, will retire by the end of 2013, when his employment contract expires.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions