Duke Energy board names former INPO leader Bill Webster as new board member

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CHARLOTTE, N.C. -- Duke Energy's board of directors today announced the appointment of former Institute of Nuclear Power Operations (INPO) executive vice president for industry strategy, William E. Webster Jr., as a new board member, effective Sept. 1, 2016.

INPO is an independent, nonprofit organization that plays a critical role in ensuring the safe and reliable operations of the nation's nuclear fleet. In Webster's most recent role at INPO, he had responsibility for nuclear plant and corporate evaluations, plant operations, plant technical support, and nuclear industry performance monitoring, training and education activities.

"Bill Webster's vast nuclear industry experience will be a tremendous asset for our company," said Lynn Good, Duke Energy's chairman, president and CEO. "Our carbon-free nuclear fleet will continue to be a crucial part of a balanced energy mix that provides reliable, affordable and increasingly clean energy for our customers."

Webster retired as executive vice president of INPO on June 30, 2016. Previously, he served in leadership roles in INPO's Industry Evaluations, Plant Support, Engineering Support and Plant Analysis and Emergency Preparedness divisions. In addition, while at INPO, he served in "on-loan" leadership assignments with FPL Group Inc. and Arizona Public Service Company's Palo Verde Nuclear Generating Station.

Webster received senior reactor operator certification at Duke Energy's Brunswick Nuclear Plant and attended the Executive Program in Business Administration at Columbia University. Before joining INPO in 1982, he served in the U.S. Navy and graduated with a Bachelor of Science degree in civil engineering from Villanova University.

About Duke Energy

Duke Energy is one of the largest electric power holding companies in the United States. Its regulated utility operations serve approximately 7.4 million electric customers located in six states in the Southeast and Midwest, representing a population of approximately 24 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 an S&P 100 Stock Index company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com.

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Contact: Tom Williams