Herron, the chief executive officer of Entergy’s nuclear unit, will retire from that company on March 31, Charlotte, North Carolina-based Duke said in a statement today.
Duke agreed to add board members as part of a November settlement with North Carolina regulators probing the company’s change of CEOs upon the closing of its $17.8 billion purchase of Progress Energy last year.
Herron will be appointed to the nine-member board committee that will recommend a replacement for Chairman and CEO Jim Rogers, who has agreed to step down by the end of the year, Dave Scanzoni, a company spokesman, said in an e-mail. The settlement called for a board member “not previously affiliated” with either Duke or Progress to serve on the committee.
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