Sundar PichaiSundar Pichai earned $164M in 2023

Lynn J. Good is the CEO of Duke Energy Corporation, a key energy provider in the U.S. She joined Duke Energy after it merged with Cinergy Corp., where she worked for several years in financial roles. Since becoming CEO in...

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Lynn J. Good

Ex-CEO of Duke Energy

Education

Bachelor's degree in Accounting from the University of Florida and an MBA from the University of North Carolina at Chapel Hill

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

July 1, 1968 - 56 years ago

CEO of Duke Energy for

11 years 9 months (Jun 2013 - Apr 2025)

Previous Experience

Executive Vice President and Chief Financial Officer of Cinergy Corp.

Holdings

See how much did Lynn J. Good make over time.

Lynn Good has significant stock holdings tied to Duke Energy. Her shares have seen fluctuations based on the company's performance and stock price. At peak, her wealth was heavily invested in Duke’s stock, showcasing her commitment to the company. As...

Mar 17, 2025

Total Stock Sold

$19.25M

DUK

$19.25M

189,489 DUK shares

What if they kept their stock?

If Lynn J. Good didn't sell their stock, today they would have:
Extra DUK189,489 shares worth $16.76M.
This is -12.94% and $2.49M less than what they got when they sold the stock.

Charitable Transactions

DUK

287,370 shares

DUK

Recent Charitable Transactions

DUK

15,000 shares

DUK

May 15, 2024

Charity

DUK

10,000 shares

DUK

Feb 24, 2022

Charity

DUK

52,966 shares

DUK

Nov 17, 2021

Charity

DUK

52,966 shares

DUK

Feb 19, 2021

Charity

DUK

61,105 shares

DUK

Feb 27, 2020

Charity

DUK

82,000 shares

DUK

Feb 28, 2019

Charity

Insider Trading

See recent insider trades of Lynn J. Good.

DUK

$1.55M

DUK at $103.30/share

May 15, 2024

Sale

DUK

15,000 shares

DUK

May 15, 2024

Charity

DUK

$4.80M

DUK at $92.13/share

Feb 22, 2024

Received

DUK

116,098 shares

DUK

Feb 5, 2024

Received

DUK

$4.72M

DUK at $97.47/share

Feb 22, 2023

Received

DUK

102,261 shares

DUK

Feb 6, 2023

Received

DUK

$1.97M

DUK at $98.57/share

Feb 24, 2022

Sale

DUK

10,000 shares

DUK

Feb 24, 2022

Charity

DUK

$4.72M

DUK at $97.67/share

Feb 23, 2022

Received

DUK

52,966 shares

DUK

Nov 17, 2021

Charity

Compensation History

See how much did Lynn J. Good make over time.

In 2023, Lynn's total compensation was about $20.6 million, including her salary and performance shares. She did not receive any bonus that year since the company failed to meet some financial goals. Her pay structure is closely tied to Duke's performance metrics, indicating a strong alignment with shareholder interests. In prior years, her bonuses were variable, influenced by the company's adjusted earnings and operational success. This system shows how her compensation is designed to reward long-term performance rather than short-term gains.

Year

2023

Total Compensation

$18.48M

Salary

$1.50M

Board Justification

The compensation philosophy emphasizes alignment with company performance, peer benchmarking, and retention strategies, focusing on long-term shareholder value.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the adjusted EPS target was not met, resulting in a payout level of 66.25% for corporate objectives, which was applied to the short-term incentive plan.

Other

$954.87K

Board Justification

Other compensation includes retirement contributions, perquisites, and other benefits provided to the CEO.

Restricted Stock

$16.02M(116.1K Performance Shares)

Board Justification

The performance shares for the 2021-2023 cycle vested based on cumulative adjusted EPS and other performance metrics, resulting in a payout of 130.22% of the target shares.

Performance Metrics

The performance metrics for 2023 included adjusted EPS, operational excellence, customer satisfaction, and clean energy growth.