Duke Energy (NYSE: DUK)

Duke Energy (NYSE: DUK)

Broadcast on: December 13, 2021
Duration: 30:27
  • Executive Vice President and Chief Financial Officer

    Steven K. Young, Executive Vice President and Chief Financial Officer, Duke Energy

    Steve Young is executive vice president and chief financial officer for Duke Energy. He leads the financial function, which includes the controller’s office, treasury, tax, risk management and insurance, as well as corporate development. These duties include accounting, cash management and overseeing risk control policies. Young also oversees the company’s information technology, cybersecurity and physical security organizations.Young joined Duke Power in 1980 as a financial assistant. After a series of promotions within the controller’s department, he was named manager of bulk power agreements in system planning and operating in 1991, and manager of the rate department in 1993. In April 1998, Young was appointed vice president of rates and regulatory affairs, with responsibility for Duke Power’s regulatory strategies and policies in rate, financial and accounting matters. He was also accountable for the company’s interaction with the utility commissions of North Carolina and South Carolina, and the Federal Energy Regulatory Commission. He was named senior vice president and chief financial officer for Duke Power in February 2003, group vice president and chief financial officer in March 2004, and vice president and controller in June 2005.In December 2006, Young was named senior vice president and controller for Duke Energy. In addition to maintaining that role at the close of the merger between Duke Energy and Progress Energy in July 2012, he also became the company’s chief accounting officer. He was named executive vice president and chief financial officer of Duke Energy in August 2013. In early 2016, Young also assumed responsibility for Duke Energy’s newly formed business transformation and technology function.Young earned a Bachelor of Arts degree in business administration from the University of North Carolina at Chapel Hill. He also completed the Advanced Management Program at the Wharton School of Business and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology.Young is a certified public accountant and a certified managerial accountant in North Carolina. He is a member of the American Institute of Certified Public Accountants, Institute of Managerial Accountants, National Association of Accountants and the Edison Electric Institute CFO Committee. Young also serves as a member of the boards of directors for the Bechtler Museum of Art and the Charlotte Sports Foundation.Young was born in 1958. He and his wife, Lilly, have a daughter and a son.

  • Investor Relations Professional

    Moderator: Dan Aldridge, Investor Relations Professional, Asbury Investor Relations

    Dan is currently the Managing Partner for Asbury Investor Relations (AIR). AIR is an innovative strategic communications firm, focused on helping small and mid cap public companies to maximize their efforts with the investment community. They offer a value-added alternative to traditional IR resource models with services ranging from advisory and special situation engagements to full and partial outsourcing of key investor relations functions. He is also the President of the National Investor Relations Institute for the Southeast and has been on the board of directors for the past five years. He was formerly the Senior Director of Investor Relations (IR) for Intercontinental Exchange (ICE), where was responsible for managing the company’s relationships with the investment community, and creating and disseminating all financial communications, including the company’s strategy and vision. Prior to ICE, Dan led the Investor Relations function for CF Industries, INC., based in Chicago, IL. Prior to CF, Dan helped lead the IR department at The Home Depot and had leadership roles in their internal audit/consulting and FP&A functions for over seven years. Dan started his career at UPS where he had increasing levels of responsibility in the Internal audit, and FP&A departments, including M&A. Dan is a graduate of The University of Georgia Terry College of Business with a BA and Masters degrees in Accounting. Dan also holds a Certified Public Accountant (CPA) license and the Certified Internal Auditor (CIA) designation.

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