Duke Energy Power Play Provokes an Uproar
Peter Lattman, NY Times
A former board member involved in a merger that created the nation’s largest electric utility has blasted an abrupt leadership change at the company.“This is the most blatant example of corporate deceit that I have witnessed during a long career on Wall Street,” said John H. Mullin III, the former lead director of Progress Energy, which completed its combination with Duke Energy this week.
A former board member involved in a merger that created the nation’s largest electric utility has blasted an abrupt leadership change at the company.“This is the most blatant example of corporate deceit that I have witnessed during a long career on Wall Street,” said John H. Mullin III, the former lead director of Progress Energy, which completed its combination with Duke Energy this week.
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