Duke Energy, a Fortune 150 company, has appointed Jeffrey Guldner as a new board member, effective September 15, 2025. Guldner, who retired as chairman of the board, president, and CEO of Pinnacle West Capital Corporation and its primary subsidiary, APS, on March 31, 2025, brings a wealth of experience and expertise to Duke Energy. During his tenure as CEO, Arizona experienced unprecedented economic growth, and Guldner's leadership helped APS meet record energy demands while maintaining affordability and reliability for its customers.
Duke Energy, which serves 8.6 million electric customers and 1.7 million natural gas customers across several states, is focused on an ambitious energy transition. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables, and energy storage to build a smarter energy future while keeping customer reliability and value at the forefront.
Guldner's appointment to the Duke Energy board comes at a time of historic growth in the industry. His leadership and energy sector insights are expected to bring incredible value to the company as it shapes the future of energy and continues to provide exemplary governance for its stakeholders.
As a new board member, Guldner has been appointed to be a member of the Compensation and People Development Committee and Finance and Risk Management Committee. His prior experience and unique perspectives are anticipated to help drive constructive outcomes for Duke Energy, its employees, customers, and shareholders.
By appointing Guldner to the board, Duke Energy aims to advance its strategy and benefit from his distinct perspectives to navigate the evolving energy landscape.
Today the company's shares have moved 0.63% to a price of $122.11. Check out the company's full 8-K submission here.