Duke Energy has announced several leadership changes within its finance organization, following the planned retirement of Cindy Lee, senior vice president, chief accounting officer and controller. Lee will step down from her current role on March 1, 2026, and will serve as a strategic advisor until her retirement at the end of that year after 24 years with the company.
Abby Motsinger, currently vice president of investor relations, will take over as senior vice president, chief accounting officer and controller starting March 1. Brian Savoy, chief financial officer at Duke Energy, 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 appreciation 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.”
In addition to these changes, Duke Energy has named Mike Callahan as senior vice president of financial planning & analysis effective January 1, 2026. Callahan previously served in various roles including South Carolina state president and vice president of investor relations during his more than two decades at the company.
Nick Giaimo will become senior vice president, treasurer and chief risk officer beginning January 1 as well. Giaimo’s prior experience includes serving in financial planning & analysis roles and working as director of investor relations for Piedmont Natural Gas.
Effective March 1 next year, Mike Switzer will succeed Motsinger as vice president of investor relations while continuing his current responsibilities leading corporate development.
All four executives—Motsinger, Callahan, Giaimo and Switzer—will 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 through its subsidiary Duke Energy Florida. The company owns about 55 gigawatts (GW) or roughly 55,100 megawatts (MW) of energy capacity nationwide.
The firm continues investing in grid upgrades and cleaner generation sources such as natural gas plants—and renewables—as part of its ongoing energy transition strategy.
More information can be found at duke-energy.com or via their social media channels.
