Dive Summary:
- Duke Energy submitted about 1,900 pages of corporate records to regulators Tuesday, offering up emails and text messages that give a glimpse into the discussions leading up to the company's merger with Progress Energy in July.
- The North Carolina Utilities Commission will look through the documents for information related to recent hearings that delved into Duke's last-minute ousting of CEO Bill Johnson.
- Duke's emails indicate that Daniel DiMicco, a board member and CEO of Nucor Corp., had doubts about Johnson, urging immediate action if Johnson turned out not to be a good fit as CEO.
From the article:
Duke Energy turned over nearly 1,900 pages of internal corporate records to state officials Tuesday in what is expected to be the Charlotte-based power company’s first of several responses to an investigation by the N.C. Utilities Commission.
But only about 300 of those pages in the initial filing were available for public review on the commission’s website, because Duke had filed the bulk of its documents under seal as confidential trade secrets. ...