After the controversial and reportedly forced resignation of Progress Energy CEO Bill Johnson earlier this year, shakeup and dissent continue in the company's merger with Duke Energy.
from the Raleigh News&Observer
Read more here: http://www.newsobserver.com/2012/07/27/2225493/former-progress-directors-leave.html#storylink=cpy
Read the full article
from the Raleigh News&Observer
Two former Progress Energy directors resigned from the Duke Energy board Friday and recommended that Duke start looking for a new CEO.
The departures of directors John Baker II and Theresa Stone added to the fallout over the forced resignation of former Progress CEO Bill Johnson, who had been expected to lead the merged companies.
Their resignation letters continued a growing drumbeat, from state officials and now former board members, to replace reinstated chief executive Jim Rogers. They also further thinned the ranks of top Progress officials represented at the new Duke after what had been described as a “merger of equals.” ...
Read more here: http://www.newsobserver.com/2012/07/27/2225493/former-progress-directors-leave.html#storylink=cpy
Read the full article
Subscribe to XpressMail. Free Sneak Peek. Every Week.
Want to know what's coming out in Xpress this week before the paper even hits the stands?
We've got your free sneak peek, along with deals available in XpressMail, our weekly email newsletter. (It's the best we can do without time travel.)
-
Comments
-
Related Articles
Comments
No commments yet.
Make a comment
Your comment has been submitted. TODO: Info about moderation
Click here to Comment Again