Duke Energy’s board of directors has unanimously elected lead director Ann Maynard Gray as its new chair, effective Dec. 31, 2013.
The board also has unanimously elected Lynn Good – who will replace Jim Rogers as president and CEO on July 1, 2013 – as vice chair, effective July 1.
Gray has been lead director since 2004 and a board member at Duke Energy or its predecessor companies since 1994. She is also a board member at The Phoenix Companies, Inc., and has served on the boards of several other New York Stock Exchange companies.
Gray was president of Diversified Publishing Group of ABC, Inc., a television, radio and publishing company, and prior to that held several senior financial positions at ABC.
Rogers will remain chair through the end of 2013, when he retires from the company.
Until then, Gray will serve as lead director and chair-elect, assisting Good and the board to ensure a smooth management transition.
“I’m honored that my fellow board members have asked me to serve as chair,” Gray said. “And I’m proud to be associated with a company that provides a critical service to more than 7 million customers. I look forward to working closely with Lynn Good and the entire board to position the company for future growth.”