Sideris will replace Lynn Good. She is retiring from her role as CEO April 1 after serving at the company for more than two decades, including nearly a dozen years as CEO. Good was also the rare female leader of a Fortune 500 company.

Harry Sideris will become the new president and CEO of Duke Energy, the Charlotte-based utility company announced on Monday. Sideris is set to take over April 1, replacing Lynn Good as she retires. Sideris has worked with the company for nearly 30 years and has been serving as the president since April 2024.

Lynn Good will retire as Duke Energy chair and CEO after more than 11 years, the Charlotte-based company announced Monday. Good is also retiring from her board position. Why it matters: Duke Energy is among the only 10.

Duke Energy is one of the biggest utility companies in the nation, serving customers in half a dozen states. Headquartered in Charlotte, it's one of the biggest employers in North Carolina.

The 65-year-old Good, who is the first female to lead the Charlotte-based utility, will step down April 1. She’s being succeeded by Harry Sideris, 54, an employee of the company for 29 years who was promoted to president less than a year ago.

CEO Lynn Good is retiring effective April 1 after more than a decade leading a transformative period for the Charlotte-based utility.