AI English summary of an SEC filing — figures as filed

Duke Energy said it appointed Harry K. Sideris as President on March 15, 2024, effective April 1, 2024. Sideris has served as Executive Vice President, Customer Experience, Solutions and Services since May 2021.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Mar 15, 2024Period of report Mar 11, 2024Summary published (UTC) Oct 30, 2026

Key points

AI summary

Duke Energy said it appointed Harry K. Sideris as President on March 15, 2024, effective April 1, 2024. Sideris has served as Executive Vice President, Customer Experience, Solutions and Services since May 2021.
The company said the Compensation and People Development Committee approved an annual base salary of $900,000 for Sideris, a short-term incentive opportunity of 115% of his annual base salary, and a long-term incentive opportunity of 475% of his annual base salary, all effective April 1, 2024.
Duke Energy said Lynn J. Good will continue as Chief Executive Officer and Chair of the Board after April 1, 2024, and that Executive Vice President and Chief Commercial Officer Steven K. Young will retire on June 30, 2024.
In its press release, the company said Sideris will oversee the electric and gas utilities and report to Good, and that Bonnie Titone, Sasha Weintraub and Scott Batson will join the senior management committee on April 1.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Harry Sideris Named President Effective April 1

Duke Energy said it appointed Harry K. Sideris as President on March 15, 2024, effective April 1, 2024. Sideris has served as Executive Vice President, Customer Experience, Solutions and Services since May 2021.

Source · Based on the filing body and exhibits

Sideris Compensation Terms

The company said the Compensation and People Development Committee approved an annual base salary of $900,000 for Sideris, a short-term incentive opportunity of 115% of his annual base salary, and a long-term incentive opportunity of 475% of his annual base salary, all effective April 1, 2024.

Source · Based on the filing body and exhibits

Lynn Good Stays On, Steven Young to Retire

Duke Energy said Lynn J. Good will continue as Chief Executive Officer and Chair of the Board after April 1, 2024, and that Executive Vice President and Chief Commercial Officer Steven K. Young will retire on June 30, 2024.

Source · Based on the filing body and exhibits

Senior Management Committee Reorganized

In its press release, the company said Sideris will oversee the electric and gas utilities and report to Good, and that Bonnie Titone, Sasha Weintraub and Scott Batson will join the senior management committee on April 1.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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