Duke Energy has announced a series of leadership changes within its finance team, following the upcoming retirement of Cindy Lee, senior vice president, chief accounting officer and controller. Lee will step down from her role on March 1, 2026, after 24 years with the company, and will serve as a strategic advisor until her full retirement at the end of that year.
Abby Motsinger, currently 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 Motsinger’s 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 expressed gratitude for 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.”
The company also announced additional changes in its Finance organization aimed at supporting its capital investment plans amid growing energy demand:
– Mike Callahan will become senior vice president of financial planning & analysis starting January 1, 2026. Callahan has held several roles during his more than two decades at Duke Energy.
– Nick Giaimo will assume the role of senior vice president, treasurer and chief risk officer on January 1, 2026.
– Mike Switzer will succeed Motsinger as vice president of investor relations while continuing to lead corporate development beginning March 1.
Motsinger, Callahan, Giaimo and Switzer will all report directly to Savoy.
Duke Energy is one of the largest energy holding companies in the United States with electric utilities serving approximately 8.6 million customers across six states including Florida. Its natural gas utilities reach about 1.7 million customers in five states.
The company continues efforts toward grid modernization and cleaner energy generation through investments in natural gas infrastructure as well as nuclear power plants and renewable sources such as solar energy systems.
More information about Duke Energy can be found at duke-energy.com or through their official news center.
