James E. Rogers of Duke Energy named CEO of the Year


James E. Rogers,
Chairman, President &
CEO, Duke Energy
Toronto, ON, Canada — (METERING.COM) — December 3, 2007 – "I accept this award as affirmation and motivation that we can and will become an industry capable of meeting our customers’ growing energy needs in an environmentally responsible manner," Rogers said. "Global warming is one of our planet’s major challenges and I believe our industry can and will find ways to seek solutions to this challenge. There are no quick fixes, but the sooner we roll up our sleeves and work together as one economy, one nation and one planet, the sooner we’ll achieve our goal."

Since becoming CEO in 2006, Rogers has restructured Duke Energy into a leading "pure play" electric utility holding company. He spun off all of the company’s natural gas operations into a new, investor-owned company called Spectra Energy; sold the Commercial Marketing and Trading Business; closed or sold Duke’s proprietary trading operations; and repurchased $500 million in stock.

Honoring the energy industry’s ‘Best of the Best’, the Platts Global Energy Awards — now in its ninth year — showcase extraordinary accomplishments by energy businesses and individuals. Platts received more than 200 nominations this year from energy companies around the world. The Awards are judged by an international panel of energy industry experts and veterans – including former and current top corporate executives, regulators, leading academics, government advisors and acclaimed economists.

Duke Energy, one of the largest electric power companies in the United States, supplies and delivers energy to approximately 4 million U.S. customers.