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  • Trio leaves Duke Energy in merger fallout

    The recent merger of Progress Energy and Duke Energy Corp. has caused several executives to leave Duke, HydroWorld.com has learned.

    The Charlotte-based utility says John McArthur, executive vice-president of regulated utilities, Mark Mulhern, executive vice-president and chief administrative officer, and Paula Sims, chief integration and innovation officer, have resigned, effective immediately.

    The resignations also come in the aftermath of the appointment of Jim Rogers as the new company's chief executive officer instead of Bill Johnson, former CEO of Progress. HydroWorld.com previously reported that Johnson had been selected as CEO, though the company says he resigned July 3 "by mutual agreement."

    Duke Energy has more than 5,450 MW of total hydroelectric capacity that is produced by 17 generating stations.

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