Dwight L. Jacobs Senior Vice President, Global Risk Management and Insurance, and Chief Risk Officer
Dwight Jacobs is senior vice president, global risk management and insurance, and chief risk officer for Duke Energy. He is responsible for corporate risk management, with particular focus on the company’s market and credit risks. In addition, he manages the company’s insurance programs. He assumed his current position in August 2014.
Previously, Jacobs served as vice president of rates and regulatory strategy for Duke Energy. He led the regulatory activity in the six states and 11 jurisdictions served by the company. He assumed that position following the Duke Energy/Progress Energy merger in 2012.
Jacobs has served as vice president of budgeting and forecasting for Duke Energy’s U.S. Franchised Electric and Gas organization. He has also served as utility controller and held leadership roles in corporate accounting and reporting.
Before joining the company, Jacobs was a partner with Arthur Andersen in Washington, D.C., where he started his career in 1988.
The Orangeburg, S.C., native earned a Bachelor of Science degree in business administration from the University of North Carolina at Chapel Hill. He is also a certified public accountant.
Jacobs is a member of the Edison Electric Institute’s Accounting Standards Committee, the American Institute of Certified Public Accountants, and the N.C. Association of Certified Public Accountants. He is a board member and former president of Communities in Schools and a member of the board of visitors for the University of North Carolina at Chapel Hill. He has been an active coach for the Weddington/Wesley Chapel Athletic Association and a trustee of Weddington United Methodist Church.
He is married to the former Moira Farrell of Charlotte, N.C., and they have a daughter and a son.
Duke Energy, the largest electric power company in the United States, supplies and delivers electricity to approximately 7 million customers in the Southeast and Midwest. The company also distributes natural gas in Ohio and Kentucky. Its commercial power and international businesses operate diverse power generation assets in North America and Latin America, including a growing renewable energy portfolio. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK.