Lynn J. Good is the CEO of Duke Energy Corporation, a key energy provider in the U.S. She joined Duke Energy after it merged with Cinergy Corp., where she worked for several years in financial roles. Since becoming CEO in...

Current Market Cap

$87.66B

Number of Employees

27.04K

Total Compensation

2019 - 2023

Trending up by 670.07% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 1.23% last year

Bonus

Up by 0.00% last year

Other

Up by 4.07% last year

Year

2023

Total Compensation

$18.48M

Salary

$1.50M

Board Justification

The compensation philosophy emphasizes alignment with company performance, peer benchmarking, and retention strategies, focusing on long-term shareholder value.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the adjusted EPS target was not met, resulting in a payout level of 66.25% for corporate objectives, which was applied to the short-term incentive plan.

Other

$954.87K

Board Justification

Other compensation includes retirement contributions, perquisites, and other benefits provided to the CEO.

Restricted Stock

$16.02M(116.1K Performance Shares)

Board Justification

The performance shares for the 2021-2023 cycle vested based on cumulative adjusted EPS and other performance metrics, resulting in a payout of 130.22% of the target shares.

Performance Metrics

The performance metrics for 2023 included adjusted EPS, operational excellence, customer satisfaction, and clean energy growth.

SEC Filing

From March 22, 2024