Duke Energy names Harry Sideris as president
Duke Energy appointed Harry Sideris as its new president, effective April 1.
Sideris will work under Lynn Good, Duke Energy’s chair and CEO. Good had also served as president, but she will relinquish that role to Sideris.
Sideris has worked at Duke Energy for 28 years, most recently serving as EVP of customer experience, solutions and services. In that role, Sideris led transmission, distribution and customer operations, as well as economic development activities. Other previous roles at the company include president of the company’s Florida regulated utility, chief distribution officer, and senior vice president of environmental, health and safety.
In his new role as president, Sideris will be responsible for Duke Energy’s electric and gas utilities, including all aspects of customer service and operations.
“Harry’s leadership experiences have included nearly every facet of Duke Energy’s operations as well as extensive regulatory and stakeholder experience. This uniquely qualifies him to lead our utilities and operations in this period of transformation as we continue to meet the growing demands for affordable, reliable and increasingly clean energy. Having worked closely with him over the last several years, I am confident of his commitment to our customers, communities, investors and stakeholders who count on us every day,” Good said.
The company also announced that long time executive Steve Young is retiring. Young has been with Duke Energy for four decades, including his current role as executive vice president and chief commercial officer. He will retire effective June 30 and remain with Duke as a senior advisor until that time.
Before his current role, Young spent nine years as Duke Energy’s EVP and chief financial officer. He also had stints as controller and chief accounting officer. Young spent his entire career with Duke Energy, joining Duke Power as a financial assistant in 1980 out of college and advancing through the organization to serve in several leadership roles across finance, the controller’s office, rates and regulatory affairs, and system planning and operations.
“Through all seasons and circumstances, Steve’s leadership has made a difference for Duke Energy,” Good said. “He has played a key role in shaping and implementing the strategy that has positioned us as a pure-play regulated company with a clear path for growth. He has brought credibility and worked tirelessly to deliver value to our customers and our investors while also serving as a mentor and coach to many of our leaders. We are a stronger company today because of his many contributions.”
Also, Sasha Weintraub, who most recently served as the head of the company’s natural gas business unit, was appointed to serve as chief customer officer. Further, Scott Barson has assumed the role of senior vice president and chief power grid operations officer.
