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William D. Johnson

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  1. Two Former Progress Energy Directors Resign from Duke Energy's Board


    Mon, 30 Jul 2012

    Theresa Stone, both former Progress Energy directors, resigned ..... company tries to integrate Progress ' operations. Baker indicated ..... s decision to replace Bill Johnson represented "serious issues ..... departure, only four legacy Progress Energy directors remain compared ..... board members to listen to Progress board members about Johnson's

  2. Duke's Lead Director Testifies About Management Shakeup


    Fri, 20 Jul 2012

    highlighted the board's concerns about former Progress Energy CEO Bill Johnson 's leadership style and Progress ' troubled nuclear fleet. Duke's board ..... seeking information directly from the Progress management and board. We find it surprising

  3. Johnson's Turn: Duke Energy Wanted Out of Its Merger With Progress


    Thu, 19 Jul 2012

    Former Progress Energy CEO and Chairman Bill Johnson testified on July 19 before the ..... Testimony from Johnson and two former Progress directors highlights the integration ..... was acrimony between Duke and Progress management teams during the 18-month

  4. Duke's Rogers Testifies, Reaffirming Our Stewardship Downgrade


    Wed, 11 Jul 2012

    board's decision to seek CEO Bill Johnson 's resignation July 3. We ..... displeasure with Johnson, who was Progress Energy CEO and slated to be ..... that both Duke Carolinas and Progress Energy Carolinas will file ..... removing Johnson, and five new Progress board members, who voted

  5. Duke Ousts Johnson; Downgrading Stewardship Rating


    Mon, 9 Jul 2012

    its ability to integrate Progress Energy, and succession uncertainty ..... finalize a contract with Progress CEO, with Chairman Bill Johnson to become Duke's new CEO ..... strong. Recently, former Progress director John Mullin called ..... the management two-step. Progress managers, who were no doubt

  6. Duke Overpays for Progress , but Synergies Negate Value Loss


    Tue, 11 Jan 2011

    our fair value estimate for Progress Energy PGN and reaffirming ..... share of value. However, Progress shareholders are only receiving ..... growth rate is in line with Progress ' growth. Thus, shareholder ..... and cede his CEO duties to Progress CEO Bill Johnson . Rogers led Duke to acquire

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