Monday, May 7, 2018

Duke Officials Defend CEO's Higher Pay At Annual Meeting

Duke Energy officials defended last year's big pay package for CEO Lynn Good during the company's online-only annual meeting Thursday afternoon.  Good got $21.4 million dollars in salary, bonuses, stock and other compensation - nearly double her pay two years before.

During a question-and-answer session, Duke investor relations chief Michael Callahan read this question from a shareholder:
“Why is compensation so over the top for executives, while customers are getting rate increases? Their pay and benefits are outrageous, while many struggle just to pay their bill.”
WFAE, By  • MAY 3, 2018 
Read more here.
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