1. North Carolina agencies investigating Duke Energy CEO shuffle

    HOUSTON (Reuters) - North Carolina officials late Friday launched two investigations into the surprising move by Duke Energy Corp directors to replace former Progress Energy Chief Executive Bill Johnson with Duke CEO Jim Rogers, just a day after a deal to create the largest U.S. utility company was finalized. Related Stories Exclusive: Celgene mulls Human Genome Sciences bid - source Strikers ...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. This significant management change within hours after the merger has put the company on credit watch, so we need to get to the bottom of this to make sure we protect consumers.
    2. The sudden shift in management raises concerns about effective corporate governance, successful handling of the anticipated merger integration and the ongoing effective management of pending challenges that face the combined entity.