• The flash change in leadership from Progress Energy CEO Bill Johnson to Duke CEO Jim Rogers once Duke and Progress closed their merger has raised a ruckus in Raleigh, N.C., with the state Utilities Commission looking back at its approval and the state attorney general asking questions.
• Duke CEO Jim Rogers has been called to testify Tuesday before the commission, which the News & Observer in Raleigh reports "wants to know why, more than a year after being told that former Progress Energy chief Bill Johnson would lead the merged companies, he was apparently sacked."
• The commission legally can take back or change approvals it has granted.

From the article:

In the electric-utility industry, where leaders earn kudos for quietly increasing dividends and tending to their knitting, Duke Energy Corp. DUK -3.41% Chief Executive Jim Rogers has always cut a flashier figure.