Duke Energy 2013 Annual Report Download - page 3

2013 ANNUAL REPORT
l
1
On behalf of the 28,000 men and women of
Duke Energy, I am proud to report that we
achieved what we set out to do in 2013. We
also made headway in preparing for the future.
Dear stakeholders:
In the last nine months since being
named CEO, I have met with customers,
investors, regulators, policymakers and
civic leaders at the local, state and national
levels. I’ve also met with thousands of
Duke Energy employees across our six
states in the Southeast and Midwest,
and in our commercial businesses.
While each group has a different set of
issues they care about, they all want to
know what is ahead for our company.
They ask questions that quickly get to
the heart of their concerns and interests
– whether it’s about a company policy, a
community initiative, an environmental
issue or our long-term strategy for
investment and growth.
As the largest electric utility in the nation,
we have strengths of scale, diversity and
expertise, backed by an exceptional record
of accomplishment and service. But, of
course, we don’t have all the answers.
That’s why I always learn from these
conversations, particularly the most candid
and even uncomfortable ones. They build
understanding, trust and opportunities for
collaboration – often leading to better ideas.
Duke Energy has been learning and
adapting throughout its 110 -year history,
including disruptive periods in the utility
industry. We have adjusted to changes
in technologies, fuel prices, regulations,
economic conditions and consumer
behavior. Today, our industry faces a
A LETTER FROM OUR CEO Lynn Good
l
Vice Chairman, President and Chief Executive Ofcer