Could Rogers face firing squad next? - | WBTV Charlotte

Could Rogers face firing squad next?

CHARLOTTE, NC (WBTV) - Members of the North Carolina Utilities Commission have made no secret about the fact that they are furious with Duke Energy for it's last-minute CEO shake-up, dropping Raleigh-based Bill Johnson, the former head of Progress Energy for Duke chief and Charlotte resident Jim Rogers.

Rogers was supposed to let Johnson take the helm of the massive merged company. Right after the Commission approved the merger, though, came a sudden reversal.

"There was a loss of confidence in his ability to lead," Rogers told the commission.

But now commissioners claim they've lost their confidence in Rogers, and some say they could ask him to step down. A member of the utilities commission staff told reporters that commissioners do believe they have the right to dictate leadership at Duke, and now, that assertion is causing even more hard feelings, especially among business leaders in Charlotte.

The legendary Hugh McColl, former chief of Bank of America wrote a letter to The Observer, saying "I am deeply concerned over the North Carolina Utilities Commission's challenge of Duke Energy's board of directors' right to hire and fire their CEO. Such interference will cause companies considering relocating to North Carolina or remaining here to question whether North Carolina is truly a business-friendly state."

Powered by Frankly