Dive Summary:
- “I am the largest individual shareholder in the company. So I have an interest in seeing the company do well from the day I leave,” Duke Energy CEO Jim Rogers told the Charlotte Business Journal recently.
- In addition to completing a merger with Progress Energy and hunting for a forward-thinking CEO, Rogers is writing a roadmap for Duke which includes changing the cost paradigm of the business, changing the regulatory system, and making money by deploying new technology.
- After Duke, Jim Rogers will focus on enterprising ways to provide electricity to the 1.3 billion people worldwide who lack reliable electricity.
From the article:
“First, my goal is to take the challenges we face today and try to resolve them before I leave. (Resolving) the (post-merger) investigation (by N.C. regulators) was an example of that. Making a decision to retire Crystal River is an example of that. Getting that Edwardsport plant commercially running is an important thing for me to do.”