Duke Energy has announced several changes in its finance leadership team, with Cindy Lee, senior vice president, chief accounting officer and controller, set to retire after 24 years at the company. Lee will step down from her current role on March 1, 2026, and serve as a strategic advisor until her 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, chief financial officer at Duke Energy, said: “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 recognized 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 has also named Mike Callahan as senior vice president of financial planning & analysis starting January 1, 2026. Callahan is currently serving as treasurer and has held various roles during his more than two decades with Duke Energy.
Nick Giaimo will become senior vice president, treasurer and chief risk officer on January 1. Giaimo is now senior vice president of financial planning & analysis.
Mike Switzer will succeed Motsinger as vice president of investor relations while continuing his current responsibilities leading corporate development starting March 1.
All four executives—Motsinger, Callahan, Giaimo and Switzer—will report directly to CFO Brian Savoy.
Duke Energy serves electric customers in six states across the Southeast and Midwest United States (North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky) with a total energy capacity ownership of over 55 gigawatts. Its natural gas operations reach customers in five states including Tennessee.
The company continues its investments in grid upgrades and cleaner energy sources such as renewables alongside nuclear power as part of its broader transition strategy toward a modernized energy system.
More information about Duke Energy can be found at duke-energy.com or through their social media channels.
