Duke Energy (NYSE: DUK) has announced a series of senior leadership changes within its finance team, including the planned retirement of long-serving executive Cindy Lee and several new appointments effective in 2026.

The company said Cindy Lee, senior vice president, chief accounting officer and controller, will step down from her role on 1 March 2026 after 24 years with Duke Energy. She will move into a strategic advisor position from that date and is set to retire fully on 31 December 2026.

Abby Motsinger, who currently serves as vice president of investor relations, will take over as senior vice president, chief accounting officer and controller from 1 March 2026.

“Abby brings extensive experience and proven leadership across many areas of finance and accounting to her new position,” said Brian Savoy, chief financial officer. “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.”

“On behalf of everyone at Duke Energy, I would like to thank Cindy for her invaluable contributions over more than two decades,” said Savoy. “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.”

Alongside the transition, Duke Energy announced further leadership appointments within its finance organisation as it continues to invest in what it describes as the industry’s largest regulated capital plan.