Natural gas company Duke Energy has promoted Harry Sideris to president, the company announced March 15. The move will take effect April 1.
As president, Sideris, a 28-year company veteran, will have responsibility for Duke Energy's electric and gas utilities, including all aspects of customer service and operations. He most recently served as executive vice president (EVP) of customer experience, solutions and services. As president, he will report to Lynn Good, Duke Energy’s chair and CEO.
The company also announced the current executive vice president and chief commercial officer, Steve Young, is retiring from his role effective June 30. Young spent four decades in the industry, serving nine years as Duke Energy's EVP and CFO before taking on his current position in September 2022. He will continue with the company as a senior adviser to Duke Energy until that time.
As a result of Sideris' expanded scope and Young's planned retirement, Good's direct reports now include Sideris; Brian Savoy, EVP and chief financial officer; Louis Renjel, EVP and chief corporate affairs officer; and Kodwo Ghartey-Tagoe, EVP, chief legal officer and corporate secretary.
Duke Energy also appointed Bonnie Titone, who most recently served as senior vice president (SVP) and chief information officer to the role of chief administrative officer. Sasha Weintraub, who most recently served as SVP and head of the company's natural gas business unit is being appointed SVP and chief customer officer.
Recommended Reading
Petrobras Not in a Race with Guyana to Boost Production, CEO Says
2024-05-14 - While Brazil and Guyana aren’t necessarily competing to see which country can produce more oil, Petrobras’ CEO Jean Paul Prates jokingly said Brazil was winning, while adding that Bolivia’s falling production was an opportunity for Argentina.
E&P Highlights: May 13, 2024
2024-05-13 - Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
New Permian Math: Vital Energy and 42 Horseshoe Wells
2024-05-10 - Vital Energy anticipates making 42 double-long, horseshoe-shaped wells where straight lines would have made 84 wells. The estimated savings: $140 million.
SM Energy Targets Prolific Dean in New Northern Midland Play
2024-05-09 - KeyBanc Capital Markets reports SM Energy’s wells “measure up well to anything being drilled in the Midland Basin by anybody today.”
Vår Selling Norne Assets to DNO
2024-05-08 - In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.