Duke Energy names Brian Savoy Controller and Bill Currens Vice President of
CHARLOTTE, N.C., Aug. 30, 2013
CHARLOTTE, N.C., Aug. 30, 2013 /PRNewswire/ --Duke Energy (NYSE: DUK) today
named Brian Savoy vice president, controller and chief accounting officer,
replacing Steve K. Young, who became executive vice president and chief
financial officer on Aug. 6. Savoy will assume the role Sept. 1.
(Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO )
The company also named Bill Currens vice president for the company's Investor
Savoy, 38, has served as director of financial forecasting since 2012. He has
led a number of key functions, including vice president and controller of the
company's Commercial Power segment, since joining Duke Energy in 2001.
Previously, Savoy was a manager with Deloitte & Touche, where he oversaw audit
engagements with large energy clients.
"Brian's financial experience and analytical skills, coupled with his
excellent leadership abilities, will be instrumental in his success in this
role. Brian has proven himself to be a valued member of Duke Energy's
leadership team," said Young.
Savoy, a certified public accountant, earned a bachelor's degree in accounting
from Lamar University in Texas and completed the Advanced Management Program
at the Fuqua School of Business at Duke University.
Currens replaces Bob Drennan, 65, who will retire Dec. 31, 2013. Drennan has
led Duke Energy's Investor Relations team since the close of the merger with
Progress Energy in July 2012. Currens and Drennan will begin transitioning
responsibilities Sept. 1.
Currens, 44, previously served as director of Investor Relations. He joined
Duke Energy in 2002 as a manager in the corporate controller's organization.
Before joining Duke Energy, he spent more than nine years with the public
accounting firm KPMG LLP.
"Bill brings nearly 20 years of financial experience to our team including
over five years in investor relations," said Young. "His focus will continue
to emphasize building and establishing trusting relationships with the
investment community as well as providing transparency and clarity to our
Currens has a bachelor's degree in business administration and a master's
degree in accounting from the University of North Carolina at Chapel Hill. He
is also a certified public accountant.
Duke Energy is the largest electric power holding company in the United States
with more than $110 billion in total assets. Its regulated utility operations
serve approximately 7.2 million electric customers located in six states in
the Southeast and Midwest. Its commercial power and international business
segments own and operate diverse power generation assets in North America and
Latin America, including a growing portfolio of renewable energy assets in the
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded
on the New York Stock Exchange under the symbol DUK. More information about
the company is available at: www.duke-energy.com.
Contact: : Jennifer Zajac
24-Hour Phone Line: 800-559-3853
SOURCE Duke Energy
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