Duke Energy’s new Florida president brings M&A, legal experience

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Duke Energy Florida, a subsidiary of Duke Energy Corp. (NYSE ‘ Stempien’s appointment means there are two women in the top jobs at the largest utilities serving the Tampa Bay area.

Quite a lot has been going on:

Duke Energy announces new Florida leadership

ST. PETERSBURG — The head of Duke Energy Florida is leaving his post to take a new role with the utility’s parent company June 1, the company announced on Wednesday.

Harry Sideris, 47, was appointed this week to serve as vice president and chief distribution officer overseeing Duke Energy’s six-state service area. He is replacing Michael Lewis, who will retire after 30 years with the company.

Catherine Stempien, currently senior vice president of corporate development , will take over as the company’s Florida president.

“At the same time, Harry and Catherine will bring fresh perspectives and leadership to their new roles as we build a smarter energy grid for our customers and communities,” said Lynn Good, Duke chairman and president.

Sideris has 22 years of energy experience and became Florida’s leader in 2017 after serving as the company’s senior vice president of environmental health and safety.

  • Date: 2018-04-25T14:00:00Z-04
  • Twitter: @TB_Times
  • Citation: Web link

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Sunburn ‘ The morning read of what’s hot in Florida politics ‘ 4.26.18

Sources told Florida Politics, later confirmed by Senate President-designate Bill Galvano, that negotiations between the chambers fell apart, in part because of a disagreement over allowing slot machines in counties that passed a local referendum allowing them.

Specifically, it was over St. Lucie County, which has a jai alai fronton and card room now known as Casino Fort Pierce and is in Senate President Joe Negron’s district.

Only the Seminole Tribe can offer slots outside of South Florida, where slots are currently offered at pari-mutuels.

Also foiling talks was a lack of a solution to making up revenue that could have been lost from added gambling that infringed on the Seminoles’ exclusive rights to slots outside of Miami-Dade and Broward counties.

If the Tribe considers its exclusivity broken under a 2010 agreement between it and the state, it’s entitled to reduce payments or stop them altogether. The Tribe paid the state paid a little more than $290 million last fiscal year. ‘

  • Publisher: Florida Politics
  • Date: 2018-04-26T04:00:09+00:00
  • Citation: Web link