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Duke Energy's board of directors has elected lead director Ann Maynard Gray its new chair, effective Dec. 31. In addition, the board has named Lynn Good - who will replace Jim Rogers as president and CEO on July 1 - as vice chair.

Gray has been lead director since 2004 and a board member at Duke Energy or its predecessor companies since 1994. She is also a board member at The Phoenix Companies Inc. and has served on the boards of several other New York Stock Exchange companies. Gray was president of Diversified Publishing Group of ABC Inc., a television, radio and publishing company.

Rogers will remain chair through the end of 2013, when he retires from the company. Until then, Gray will serve as lead director and chair-elect, assisting Good and the board to ensure a smooth management transition.



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