- Energy Future Holdings President John Young will replace Bill Johnson, the former CEO of Progress Energy, as chairman of the Nuclear Energy Institute, according to a Triangle Business Journal report.
- Duke Energy, which acquired Progress on July 2, is an NEI member, but without Johnson Duke no longer has a member on the trade organization's board.
- North Carolina regulators are currently investigating Johnson's departure from Duke.
From the article:
John Young has replaced Bill Johnson as chairman of the Nuclear Energy Institute following Johnson’s departure as CEO of Duke Energy Corp.
NEI is a trade organization of large nuclear-energy providers. Its directors are drawn from the ranks of its members, which include Duke (NYSE:DUK). ...