Friday, September 28, 2012
Duke Energy Coup, Part Deaux
Back in July, William Johnson held the CEO position with the merged
Duke Energy/Progress Energy for two hours. As with many complicated stories, time
allows for more information to be disseminated.
For example, in an interview, old/ex/new CEO Jim Rogers said that he
had only given up his position as a CEO of Duke Energy in order to pay a
lower premium for Progress Energy. This implies that William Johnson
helped aid the sale of Progress at a discount in order to be the CEO of
the combined company, an accusation he vehemently denies.