Duke Energy has announced several changes in its finance leadership team as part of a planned transition. Cindy Lee, who has served as senior vice president, chief accounting officer and controller, will retire after 24 years with the company. She will step down from her current role on March 1, 2026, and continue as a strategic advisor until her retirement at the end of that year.
Abby Motsinger, currently vice president of investor relations, will take over Lee’s position effective March 1. Brian Savoy, chief financial officer at Duke Energy, commented on Motsinger’s appointment: “Abby brings extensive experience and proven leadership across many areas of finance and accounting to her new position. Over her 16 years with the company, she is an established, results-driven leader who is known for her strategic mindset and focus on high performance and continuous improvement. We look forward to the positive impact she’ll continue to have across the organization.”
Savoy also expressed appreciation for Lee’s contributions: “On behalf of everyone at Duke Energy, I would like to thank Cindy for her invaluable contributions over more than two decades. Cindy embodies enterprise leadership and genuine care for our teammates. These qualities, along with her strong financial acumen, discipline and integrity, will have a lasting impact on our organization. The deep bench of professionals she developed and mentored will continue to uphold her legacy of excellence. We wish her every success in retirement.”
Additional appointments within Duke Energy’s Finance organization are set to take effect early next year. Mike Callahan will become senior vice president of financial planning & analysis starting January 1, 2026. He has held various roles at Duke Energy over his more than 20-year tenure.
Nick Giaimo is set to assume the role of senior vice president, treasurer and chief risk officer on January 1 as well. Giaimo has worked in multiple finance-related positions within the company since joining.
Effective March 1, Mike Switzer will succeed Motsinger as vice president of investor relations while continuing his current responsibilities leading corporate development.
All four executives—Motsinger, Callahan, Giaimo and Switzer—will report directly to CFO Brian Savoy.
Duke Energy is one of America’s largest energy holding companies with electric utilities serving customers across six states including Florida. The company is investing in grid upgrades and cleaner energy sources such as natural gas, nuclear power, renewables and storage solutions as it moves toward a smarter energy future.
More information about Duke Energy can be found at duke-energy.com or through their official news center.
