09:02 AM EST, 01/13/2025 (MT Newswires) -- Duke Energy ( DUK ) said Monday its board has named Harry Sideris as chief executive officer, effective April 1.

Sideris, who is currently serving as president, succeeds Lynn Good, who will retire effective April 1, the company said.

The utility company also named Ted Craver as independent chair of the board of directors, effective April 1.

DUK shares were 0.5% higher in recent premarket activity.