internal
Harry K. Sideris
President and Chief Executive Officer
Executive
1 yr
7 reports
Leadership change Harry K. Sideris was promoted to President and CEO (from President) · DEF 14A filed 2026-03-20
Duke Energy Corporation ·DUK
Two regulated utility CEOs run most operations
Utilities · Fortune #92 · Divisional structure · 28K employees · Charlotte, NC
View as of:
5
CEO span
↓ tighter than peers (avg 8)
1.7
Avg span
tight
3
Max depth
3 levels
2.6 yr
Avg tenure
↓ 4.6yr from FY2024
80%
Internal hires
↑ above industry avg
Consolidated financials FY2012 · period end 2012-12-31 · 10-K
Revenue
$19.6B
Operating income
$8.6B
Net income
$5.0B
Total assets
$195.7B
Shares out
778M
Sourced from Duke Energy Corporation DEF 14A · filed 2026-03-20 ↗ View on SEC
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Duke Energy Corporation organizational chart
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Duke Energy is structured around two powerful regulated‑utility CEOs who report directly to the corporate CEO, rather than a centralized COO model. This page details Duke Energy’s divisional org structure, executive team, recent leadership changes, and how its design compares with other large U.S. utilities.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Abigail L. Motsinger joined as SVP, Chief Accounting Officer and Controller
Appointed effective March 1, 2026.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO to consolidate operational oversight across the two regulated utility divisions.
- Consolidate Utility CEOs Move both regulated utility CEOs under a single utilities president to reduce CEO span.
Atlas work this supports
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The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Brian D. Savoy
Executive Vice President and Chief Financial Officer
Finance
6 yr
2 reports
internal
Kodwo Ghartey-Tagoe
Executive Vice President and CEO, Duke Energy Carolinas and Natural Gas
Regulated Utilities
1 yr
0 reports
Louis E. Renjel
Executive Vice President and CEO, Duke Energy Florida and Midwest; Chief Corporate Affairs Officer
Regulated Utilities
1 yr
0 reports
internal
T. Preston Gillespie
Executive Vice President, Chief Generation Officer and Enterprise Operational Excellence
Generation
4 yr
0 reports
internal
David S. Maltz
Vice President, Legal, Chief Governance Officer and Corporate Secretary
Legal & Governance
5 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Harry K. Sideris $13.7M
- Base salary
- $1.20M
- Stock awards
- $10.07M
- Non-equity incentive
- $1.97M
- Pension change
- $83K
- Other
- $327K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Duke Energy Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Duke Energy Carolinas & Natural Gas
12K employees
EVP & CEO (Kodwo Ghartey-Tagoe)
Regulated electric and natural gas utilities serving the Carolinas and gas customers across multiple states.
Duke Energy Florida & Midwest
9K employees
EVP & CEO (Louis E. Renjel)
Regulated electric utilities in Florida and the Midwest, plus corporate affairs.
Generation & Nuclear
4K employees
EVP, Chief Generation Officer (T. Preston Gillespie)
Manages Duke Energy’s generation fleet, including nuclear, fossil and renewables.
The thesis
Why this org is unusual
Duke Energy’s most distinctive structural feature is that its core regulated operations are run by two powerful divisional CEOs reporting directly to the corporate CEO.
This places day‑to‑day utility P&L responsibility primarily in the Carolinas/Natural Gas and Florida/Midwest divisions rather than in a centralized COO model. The structure reflects the regulatory and geographic fragmentation of U.S. utilities, with state‑specific leadership carrying significant autonomy.
Corporate functions such as finance, accounting, governance and generation strategy remain centralized under the CEO and CFO. The absence of a group‑wide COO keeps the CEO’s span focused on divisional utility heads and a small number of enterprise leaders, reinforcing Duke Energy’s identity as a holding company for regulated utilities rather than an operationally integrated utility operator.
- No group COO
- Divisional CEOs control regulated utility P&Ls
- Recent CEO succession in 2025
The comparison
How Duke Energy Corporation stacks up
Compared with peers like Southern Company and Dominion Energy, Duke Energy leans more heavily on divisional CEOs with broad authority over multi‑state utility systems. Many peers centralize operations under a COO or a single regulated utilities president, while Duke splits this responsibility across two large regions. …
C-suite size
Reporting depth
Duke Energy Corporation
3 levels
5 levels
5 levels
4 levels
5 levels
Avg C-suite tenure
Has COO / Has CAIO
Duke Energy Corporation — no COO — no CAIO
Current signals
What changed recently
The most significant change was the April 2025 CEO transition from Lynn Good to Harry Sideris.
- newAbigail L. Motsinger SVP, Chief Accounting Officer and Controller
Appointed effective March 1, 2026.
Source - promoted
- departed
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-20
- CEO
- Harry K. Sideris
- CEO span
- 5
- C-suite
- 6
- Avg tenure
- 2.6 yr
First full proxy year reflecting the post-Good CEO transition.
Named executive officers (5)
- Harry K. Sideris - President and CEO since 2025
- Brian D. Savoy - EVP and CFO since 2019
- Kodwo Ghartey-Tagoe - EVP and Divisional CEO since 2025
- Louis E. Renjel - EVP and Divisional CEO since 2025
- T. Preston Gillespie - EVP, Chief Generation Officer
FY2024
DEF 14A filed 2025-03-14
- CEO
- Lynn J. Good
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 7.2 yr
Final year of Lynn Good’s tenure as CEO.
Named executive officers (5)
- Lynn J. Good - Chair and CEO since 2013
- Brian D. Savoy - EVP and CFO since 2019
- Harry K. Sideris - President since 2024
- Julia S. Janson - EVP and Divisional CEO
- Kodwo Ghartey-Tagoe - EVP, Chief Legal Officer
FY2023
DEF 14A filed 2024-03-14
- CEO
- Lynn J. Good
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 8.1 yr
Stable leadership with long-tenured CEO.
Named executive officers (5)
- Lynn J. Good - Chair and CEO since 2013
- Brian D. Savoy - EVP and CFO since 2019
- Harry K. Sideris - Executive Officer
- Julia S. Janson - EVP and Divisional CEO
- Kodwo Ghartey-Tagoe - EVP, Chief Legal Officer
Year-over-year changes
The CEO transition significantly reduced average executive tenure and modestly increased CEO span.
- CEO span: 4 → 5
- C-suite size: 5 → 6
- Avg tenure: 7.2 → 2.6 yr
- promoted Harry K. Sideris - President and CEO (was President) (DEF 14A filed 2026-03-20)
- departed Lynn J. Good - Chair and CEO (was Chair and CEO) (DEF 14A filed 2026-03-20)
The board
Board of directors
2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.
Harry K. Sideris
Inside
President and CEO, Duke Energy Corporation
Theodore F. Craver, Jr.
Chair Independent
Retired Chairman, President and CEO, Edison International
Also on: Wells Fargo & Company
Frequently Asked Questions
Who is the CEO of Duke Energy Corporation?
Harry K. Sideris has served as President and CEO since April 1, 2025.
What type of organizational structure does Duke Energy use?
Duke Energy uses a divisional structure centered on regulated utility regions.
How many direct reports does Duke Energy's CEO have?
The CEO has five direct executive reports.
How has Duke Energy's leadership changed recently?
The company completed a CEO transition in April 2025 and appointed a new Chief Accounting Officer in March 2026.
Does Duke Energy have a COO?
No, Duke Energy does not have a group-wide Chief Operating Officer.
Sources
- 8-K Filing, Dec 12 2025
- DEF 14A, Mar 2025
- SEC EDGAR: Duke Energy Corporation DEF 14A Proxy Statement
- SEC EDGAR: Duke Energy Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Duke Energy Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/duke-energy/MLA 9th
"Duke Energy Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/duke-energy/. Accessed .Chicago 17
Creately. "Duke Energy Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/duke-energy/.Original SEC source View on SEC ↗
Duke Energy Corporation. DEF 14A. Filed 2026-03-20. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1326160/000110465926032443/tm261356-4_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/duke-energy/ · last updated 2026-04-01