Duke Energy board appoints Wick Moorman as new board member

Feb 29, 2016, 06:45 ET from Duke Energy

CHARLOTTE, N.C., Feb. 29, 2016 /PRNewswire/ -- Duke Energy's board of directors today announced the appointment of former Norfolk Southern Corp. CEO and Executive Chairman Charles W. "Wick" Moorman as a new board member, effective March 1, 2016.

"Wick Moorman led one of America's largest and most important railroad businesses," said Duke Energy CEO, President and Chairman Lynn Good. "His experience and strategic insights will be invaluable in helping us deliver results for our customers, shareholders and communities."

Moorman served as the railroad company's CEO from 2005 to 2015 and executive chairman from 2006 until his retirement in 2015.

He joined Norfolk Southern in 1970, holding various leadership positions in the company's operations, human resources, labor relations, information technology and strategic planning units during the course of his career.

Moorman will serve on the nuclear oversight committee of Duke Energy's board.

He also serves on the boards of Chevron Corp., the Virginia Chapter of The Nature Conservancy, the Medical College Operating Board of the University of Virginia and the Georgia Tech Foundation. 

Moorman, 64, is a graduate of Georgia Tech and Harvard Business School.

About Duke Energy
Duke Energy is the largest electric power holding company in the United States. Its regulated utility operations serve approximately 7.3 million electric customers located in six states in the Southeast and Midwest, representing a population of approximately 23 million people. Its Commercial Portfolio and International business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com. Follow Duke Energy on Twitter, LinkedIn and Facebook.

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