December 21, 2025 - 07:27

Duke Energy has recently revealed significant leadership transitions within its finance department, marking a pivotal moment for the utility company. Cindy Lee, the long-serving finance leader, is set to retire at the end of 2026. Abby Motsinger will take over as senior vice president, chief accounting officer, and controller starting March 1, 2026. This shift comes alongside a broader reorganization of key finance and investor relations roles within the company.
These changes are particularly timely as Duke Energy embarks on one of the largest regulated capital programs in the industry. The initiative aims to meet the surging power demand driven by the rapid expansion of AI-powered data centers and other technologies. As the company navigates this evolving landscape, it seeks to balance its financial strategies with the urgent need for sustainable energy solutions. The leadership shake-up is expected to play a crucial role in shaping the company's future direction and its ability to adapt to the growing energy demands of the digital age.
October 5, 2026 - 08:04
The Promises Developers Made to Cleveland in Exchange for Financial HelpSince Cleveland strengthened a city law in 2023, the city has signed 52 Community Benefits Agreements with developers seeking public financial support. These agreements are part of an effort to...
October 4, 2026 - 18:37
Mountain Scholars program shifts financial management to CMC FoundationThe Mountain Scholars program, which provides support for first-generation college students in Summit County, will begin a new chapter this fall. The Colorado Mountain College Foundation is set to...
October 4, 2026 - 10:00
Single Mother Earns $100,000 in a Year Through Superannuation StrategyA single mother from Australia has managed to earn $100,000 within just 12 months by taking a hands-on approach to her superannuation, a move that reflects a broader shift in how people are...
October 3, 2026 - 21:26
The Coming AI Bust Could Trigger a Financial BloodbathThe rapid surge of capital into artificial intelligence infrastructure has created conditions that some analysts compare to a bubble on the verge of bursting. Billions of dollars are being poured...