Duke Energy announces key finance leadership changes ahead of executive retirement

Cynthia S. (Cindy) Lee,  Senior Vice President, Chief Accounting Officer and Controller
Cynthia S. (Cindy) Lee, Senior Vice President, Chief Accounting Officer and Controller - Duke Energy Florida
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Duke Energy has announced a series of leadership changes within its finance team. Cindy Lee, who currently serves as senior vice president, chief accounting officer and controller, will retire after 24 years with the company. She will step down from her role on March 1, 2026, and remain as a strategic advisor until her retirement at the end of that year.

Abby Motsinger, now vice president of investor relations, will take over as senior vice president, chief accounting officer and controller effective March 1. Brian Savoy, Duke Energy’s chief financial officer, commented on the appointment: “Abby brings extensive experience and proven leadership across many areas of finance and accounting to her new position. Over her 16 years with the company, she is an established, results-driven leader who is known for her strategic mindset and focus on high performance and continuous improvement. We look forward to the positive impact she’ll continue to have across the organization.”

Savoy also acknowledged Lee’s contributions: “On behalf of everyone at Duke Energy, I would like to thank Cindy for her invaluable contributions over more than two decades. Cindy embodies enterprise leadership and genuine care for our teammates. These qualities, along with her strong financial acumen, discipline and integrity, will have a lasting impact on our organization. The deep bench of professionals she developed and mentored will continue to uphold her legacy of excellence. We wish her every success in retirement.”

As part of ongoing efforts to manage increased demand while maintaining reliability at reasonable prices through its regulated capital plan investments [https://www.duke-energy.com/our-company/about-us], Duke Energy also announced further changes within its Finance organization.

Effective January 1, 2026:
– Mike Callahan will become senior vice president of financial planning & analysis. He has held various roles during his more than 20-year tenure at Duke Energy.
– Nick Giaimo will assume the position of senior vice president, treasurer and chief risk officer.

Effective March 1, 2026:
– Mike Switzer will succeed Motsinger as vice president of investor relations while continuing his leadership in corporate development.

All four—Motsinger, Callahan, Giaimo and Switzer—will report directly to Savoy.

Duke Energy serves millions of electric customers across several states including North Carolina, South Carolina and Florida. It owns significant energy capacity assets and provides natural gas service in multiple regions [https://www.duke-energy.com/home].

The company continues investing in grid upgrades and cleaner energy generation options such as renewables [https://news.duke-energy.com/releases/duke-energy-announces-plans-for-cleaner-generation-and-grid-upgrades]. More information can be found on their website or social media channels.



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