April 17, 2014 9:20 PM ET

Electric Utilities

Company Overview of Duke Energy Progress, Inc.

Executive Profile

Lloyd M. Yates

Executive Vice President of Regulated Utilities, Duke Energy Corporation
AgeTotal Calculated CompensationThis person is connected to 6 Board Members in 6 different organizations across 8 different industries.

See Board Relationships
52$2,661,915
As of Fiscal Year 2013

Background

Mr. Lloyd M. Yates has been an Executive Vice President of Regulated Utilities of Duke Energy Corporation since November 2012. Mr. Yates served as the President at Carolina Power & Light Company (alternate name Progress Energy Carolinas, Inc.) since July 1, 2007. He has been the President and Chief Executive Officer for Carolinas Division at Progress Energy Inc. since July 2007. He oversees all aspects of the Carolinas delivery operations, including distribution and ...

Corporate Headquarters

410 South Wilmington Street
Raleigh, North Carolina 27601

United States

Phone: 704-382-3853
Fax: --

Board Members Memberships

Director
Chief Executive Officer of Progress Energy Carolinas Inc and President of Progress Energy Carolinas Inc
Director
Director
Director
2007-Present
Executive Vice President of Regulated Utilities and Director
2011-Present
Director, Member of Audit Committee, Member of Compliance & Risk Committee and Member of Corporate Responsibility Committee

Education

Unknown/Other Education
University of Pittsburgh
MBA
Saint Joseph's University

Other Affiliations

Annual Compensation

Salary$559,673
Total Annual Compensation$559,673

Stocks Options

Restricted Stock Awards$1,367,408
All Other Compensation$177,764

Total Compensation

Total Annual Cash Compensation$1,234,563
Total Short Term Compensation$559,673
Other Long Term Compensation$1,545,172
Total Calculated Compensation$2,661,915
 

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Company Lookup

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Thomas A. Fanning Chairman, Chief Executive Officer and President
Southern Company
$1.2M
Thomas F. Farrell IIExecutive Chairman, Chief Executive Officer, President, Chairman of Virginia Electric & Power Company, Chief Executive Officer of Virginia Electric & Power Company and Chief Executive Officer of Dominion Energy Inc
Dominion Resources, Inc.
$1.3M
James L. Robo Chairman of The Board, Chief Executive Officer, President, Chairman of Executive Committee, Chairman of FPL and Chief Executive Officer of FPL
NextEra Energy, Inc.
$1.2M
Al Monaco Chief Executive Officer, President and Director
Enbridge Inc.
$1.0M
Christopher M. Crane Chief Executive Officer, President, Director, Member of Generation Oversight Committee and Member of Investment Oversight Committee
Exelon Corporation
$1.2M
Compensation as of Fiscal Year 2013.

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