Why is Ms. Lee moving to an advisor role before retirement?

Ms. Lee is moving into an advisor role from March 1, 2026, until her retirement on December 31, 2026, to ensure a seamless and knowledgeable handover of her responsibilities to her successor, Ms. Motsinger, and to provide ongoing support during the transition period.

What is Ms. Motsinger's background within Duke Energy?

Ms. Motsinger has a strong internal track record at Duke Energy, most recently serving as Vice President, Investor Relations since November 2022. Prior to that, she held roles such as Director, Jurisdictional Forecasting, Investor Relations Manager, and other positions within finance and investor relations since joining the company in 2010.

How will Ms. Motsinger's previous responsibilities be handled?

Mr. Mike Switzer will assume Ms. Motsinger's current responsibilities as Vice President, Investor Relations, while also retaining his leadership of the corporate development organization.

What are the key components of Ms. Motsinger's compensation package for her new role?

Effective March 1, 2026, Ms. Motsinger's total direct compensation will include an annual base salary of $408,361, a short-term incentive opportunity equal to 50% of her annual base salary, and a long-term incentive opportunity equal to 95% of her annual base salary.

Duke Energy CORP 8-K: Leadership Changes

Summary

Duke Energy Corporation (DUK) has announced a planned transition in its senior accounting leadership. Ms. Cynthia S. Lee, Senior Vice President, Chief Accounting Officer and Controller, will be retiring effective December 31, 2026, after a distinguished tenure. To ensure a smooth handover, Ms. Lee will transition into an advisor role starting March 1, 2026, providing continuity and support during this period. Taking over the critical role of Senior Vice President, Chief Accounting Officer and Controller will be Ms. Abigail L. Motsinger, effective March 1, 2026. Ms. Motsinger brings extensive experience within Duke Energy, most recently serving as Vice President, Investor Relations. This internal promotion highlights the company's commitment to developing talent from within. Investors will want to note the compensation package approved for Ms. Motsinger and her inclusion in the executive severance plan.

Key Highlights

1Ms. Cynthia S. Lee, current Senior Vice President, Chief Accounting Officer and Controller, will retire effective December 31, 2026.
2Ms. Lee will serve in an advisor role from March 1, 2026, to December 31, 2026, to facilitate a smooth transition.
3Ms. Abigail L. Motsinger has been appointed as the new Senior Vice President, Chief Accounting Officer and Controller, effective March 1, 2026.
4Ms. Motsinger's prior role as Vice President, Investor Relations will be assumed by Mr. Mike Switzer, who will also retain his corporate development leadership.
5Ms. Motsinger's new role comes with an annual base salary of $408,361, a short-term incentive opportunity of 50% of base salary, and a long-term incentive opportunity of 95% of base salary.
6Ms. Motsinger will participate in the Duke Energy Corporation Executive Severance Plan as a 'Tier I' participant.

Duke Energy CORP 8-K Report, Executive Changes (Dec 12, 2025)

Summary

Key Highlights

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