Duke’s Rogers to Resign Next Year in North Carolina Deal - Businessweek

By Mark Chediak and Jim Polson on November 30, 2012
Duke will create a special committee of the board comprised equally of pre-merger Duke and Progress directors to choose a successor for Rogers, according to a filing yesterday with the U.S. Securities and Exchange Commission. The committee “will make its best effort” to have a new chairman, president and CEO of Duke in place by July 1, and no later than Dec. 31, 2013, according to the settlement.