Duke Energy has announced several leadership changes within its finance team as the company prepares for upcoming retirements and continues its focus on meeting growing energy demands. Cindy Lee, who has served as senior vice president, chief accounting officer, and controller for 24 years, will step down from her current position on March 1, 2026. She will transition into a strategic advisor role 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, 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 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.”
Additional changes within the finance department are set to take effect in early 2026. Mike Callahan will become senior vice president of financial planning & analysis starting January 1; he previously held roles including treasurer and South Carolina state president during his two-decade tenure at Duke Energy. Nick Giaimo is slated to assume the role of senior vice president, treasurer and chief risk officer; Giaimo previously led financial planning & analysis.
Effective March 1 next year, Mike Switzer will succeed Motsinger as vice president of investor relations while continuing his leadership in corporate development.
These appointments come as Duke Energy implements what it describes as the industry’s largest regulated capital plan to address increased demand while maintaining reliable service at reasonable prices.
Duke Energy is one of America’s largest energy holding companies with electric utilities serving customers across six states including Florida (https://www.duke-energy.com/our-company/about-us). The company operates over 55 gigawatts of energy capacity nationwide.
For further information about these appointments or other developments at Duke Energy visit their official website or news center.
