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Duke Energy (DUK) CEO Jim Rogers says he intends to retire by the end of 2013, consistent with...

Duke Energy (DUK) CEO Jim Rogers says he intends to retire by the end of 2013, consistent with the expiration of his contract. A special board committee will oversee the recommendation of a successor, as stipulated in DUK's just-announced settlement with North Carolina regulators regarding the management succession following the merger with Progress Energy.
Comments (8)
  • Rousseau SC
    , contributor
    Comments (284) | Send Message
     
    Is this why the stock jumped today?
    29 Nov 2012, 06:28 PM Reply Like
  • freebra
    , contributor
    Comments (262) | Send Message
     
    An excellent reason to JUMP !
    29 Nov 2012, 06:43 PM Reply Like
  • auto44
    , contributor
    Comments (3106) | Send Message
     
    And they call this progress? Pun intended.
    29 Nov 2012, 06:32 PM Reply Like
  • freebra
    , contributor
    Comments (262) | Send Message
     
    The NC Attorney General Office and NCPUC, etc. continues their investigation on the oust of the Duke/Progress CEO. Duke (Rogers) is beginning to feel the heat, as well as the Directors.

     

    Google 'James Rogers', and see that he was VP of Gas Operations at ENRON back when, then connect the dots.
    29 Nov 2012, 09:41 PM Reply Like
  • spinrbait
    , contributor
    Comments (390) | Send Message
     
    i've owned duk stock for a long time. jim rogers is a fantastic ceo and i hate to see him go.
    29 Nov 2012, 10:39 PM Reply Like
  • auto44
    , contributor
    Comments (3106) | Send Message
     
    freebra A lot of really good and smart folks worked for enron and some went on to do great things. Consider EOG enron gas if you will. Having worked at a company that swindled everyone including their employees who lost their jobs and retirement funds does not necessarily make a person guilty of anything. Connecting your two dots does not make a picture.
    I don't know anything about Mr. Rogers or his neighborhood and have no financial interest it but find your indictment to be an unfair and short sighted. What happened with the CEO swap DOES appear to me to be a really sleazy affair though.
    1 Dec 2012, 08:11 AM Reply Like
  • freebra
    , contributor
    Comments (262) | Send Message
     
    I didn't intend it to be an "indictment", just my opinion from personal exposure about one man, specifically. No, two dots do not paint a picture, unfortunately, but the undisclosed character is rather dismal. BTW have you heard about the possibility of Rogers becoming Secretary of Energy ? At this point Rogers says he is not interested(?). We'll see................

     

    Thanks.
    1 Dec 2012, 06:04 PM Reply Like
  • Rousseau SC
    , contributor
    Comments (284) | Send Message
     
    I don't disagree. The market seems to act irrationally. Whether that is caused by govt and/or big mony manipulation or by big money trading on insider information, I can't tell..
    30 Nov 2012, 08:57 AM Reply Like
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