James E. Rogers Chairman, President and Chief Executive Officer
Jim Rogers serves as chairman, president and chief executive officer for Duke Energy.
Rogers is serving in his 25th year as a CEO in the utility industry. Over that period, he has delivered an average total shareholder return of more than 12 percent per year by focusing on sustainable growth and executing a series of well-timed mergers, acquisitions and divestitures.
Rogers became president and CEO of Duke Energy following the merger between Duke Energy and Cinergy in 2006. Before the merger, he served as Cinergy's chairman and CEO for more than 11 years. Prior to the formation of Cinergy, he joined PSI Energy in 1988 as the company's chairman, president and CEO.
He has served as deputy general counsel for litigation and enforcement for the Federal Energy Regulatory Commission (FERC); executive vice president of interstate pipelines for the Enron Gas Pipeline Group; and as a partner in the Washington, D.C., law office of Akin Gump Strauss Hauer & Feld. Prior to those appointments, Rogers served as assistant to the chief trial counsel at FERC; as a law clerk for the Supreme Court of Kentucky; and as assistant attorney general for the Commonwealth of Kentucky, where he advocated for the state's consumers in gas, electric and telephone rate cases. Rogers was also a reporter for the Lexington (Kentucky) Herald-Leader for three years.
In the course of his career, Rogers has served on the boards of directors of eight Fortune 500 companies, and is currently a director of Cigna Corp. and Applied Materials Inc. In 2010 and 2011, he was named by the National Association of Corporate Directors' Directorship magazine to its annual Directorship 100, recognizing the most influential people in corporate governance. Also during his career, he has owned and/or operated assets in 17 countries in Africa, South Asia, Europe, and Central and Latin America.
"CEO as Statesman"
Rogers has been recognized as an outspoken and accessible voice for business, earning the reputation as a "CEO Statesman." In 2009, Newsweek named him one of "The 50 Most Powerful People in the World." He has testified more than 20 times before U.S. Congressional Committees, and addressed international forums including the United Nations General Assembly, the World Economic Forum and the Clinton Global Initiative.
Rogers is an expert commentator with national and global media and has appeared in publications and shows as diverse as "60 Minutes," The New York Times Magazine, CNBC, and "The Colbert Report." He has also published numerous articles and opinion pieces, and is a frequent speaker on energy issues in national and global meetings and at colleges and universities nationwide.
Rogers has advocated investing in energy efficiency, modernizing the electric infrastructure, and pursuing advanced technologies and nuclear energy to grow the economy and transition to a low-carbon future. He serves as vice chairman of the World Business Council for Sustainable Development.
In the U.S., he was chairman of the Edison Electric Institute (EEI) when it changed its position to support federal climate change legislation in 2007. He serves on the executive committee of EEI. He was also the founding chairman of the Institute for Electric Efficiency, former co-chair and current board member of the Alliance to Save Energy and past co-chair of the National Action Plan for Energy Efficiency. He serves on the boards of directors of the Institute of Nuclear Power Operations and the World Association of Nuclear Operators. Rogers also serves on the boards of the Aspen Institute, Brookings Institute, Duke University’s Nicholas Institute for Environmental Policy Solutions and is a lifetime member of the Council on Foreign Relations.
Forging U.S.-China Relations
In 2008, as a high school graduation gift to his grandson, Rogers visited China for the first time. That trip opened a new area of professional interest – collaborating with the Chinese to bring clean energy technologies to scale – and forging cooperative agreements with leading energy companies and research institutes.
In 2011, Rogers received the Asia Society of Washington's International Business Leadership Award and the Committee of 100's Business Excellence Award for his efforts to improve business relations between the U.S. and China that benefit customers, the environment, and improve dialogue between the two nations. He was also recognized by the U.S.-China Policy Foundation with their Global Executive Leadership Award. Later the same year, the Asia Society elected Rogers to serve a four-year term on the organization's board of trustees.
Balancing Diverse Interests
Under Rogers' leadership, Duke Energy has been recognized as a leader in sustainability – balancing the "triple bottom line" of people, planet and profits. In 2010 and 2011, the company was named to the elite Dow Jones Sustainability World Index; it has been a part of the Dow Jones Sustainability Index for North America for the past seven years.
An early advocate for balancing the interests of diverse stakeholders, Rogers' leadership approach was featured in Harvard Business Review.
Rogers was also a founding member of the U.S. Climate Action Partnership, a collaboration of leading businesses and environmental groups that came together to call on the federal government to enact legislation to reduce greenhouse gas emissions. He is also a member of the global board of directors of The Nature Conservancy.
Committed to Country and Community
Rogers has been an active community leader and has received a number of honors and awards for his service.
In his current home community of Charlotte, N.C., Rogers has led several civic endeavors, including the region's re-visioning as a hub of energy commerce. He also co-chaired the $82 million campaign to build a new cultural campus in Uptown Charlotte. And, supporting Charlotte and North Carolina's economic development goals, he co-chaired the successful bi-partisan effort to host the 2012 Democratic National Convention and co-chaired the Charlotte Host Committee for the convention.
Awards and Recognition
Rogers has been honored with various awards and recognition. In 2011, he was presented with the Ernst & Young Entrepreneur of the Year® Lifetime Achievement Award; the Boy Scouts of America Distinguished Honoree, Mecklenburg County Council; and the Charlotte Regional Partnership Jerry Award. The Charlotte Business Journal also named Rogers its Business Person of the Year for 2011.
In 2010, the World Affairs Council of Charlotte honored Rogers with its World Citizen Award for his efforts to raise the profile of both Duke Energy and Charlotte on the international stage. He was honored with EnergyBiz magazine’s CEO of the Year EnergyBiz KITE Award (Knowledge, Innovation, Technology, Excellence); inducted into the inaugural Energy Efficiency Forum Hall of Fame by the U.S. Energy Association and Johnson Controls Inc.; and named 2009 Citizen of the Carolinas by the Charlotte Chamber of Commerce. Rogers was also honored with the Sir Michael Smurfit Business Achievement Award, presented by the Ireland Chamber - United States and Co-operation Ireland.
In 2007, he was named the energy industry’s CEO of the Year by Platts and Business Person of the Year by the Charlotte Business Journal. He also received the Ellis Island Medal of Honor, presented by the National Ethnic Coalition of Organizations (NECO). He received the 2006 Human Relations Award from the American Jewish Committee, Cincinnati Chapter; the 2005 Ronald McDonald House Lifetime Achievement Award; the 2005 Keystone Center Leadership in Industry Award; the 2004 National Conference for the Community and Justice (NCCJ) Distinguished Service Citation; the 1998 Hebrew Union College Cincinnati Associates Tribute Honoree; and the 1996 Energy Daily Corporate Leadership Award.
Personal Data and Education
Born in 1947 in Birmingham, Ala., Rogers grew up in Kentucky. He attended Emory University and earned Bachelor of Business Administration and Juris Doctor degrees from the University of Kentucky, where he was a member of the Kentucky Law Journal and Beta Gamma Sigma National Honor Society.
Rogers was named to the Hall of Fame at the Carol Martin Gatton College of Business and Economics and the Hall of Fame at the College of Law, both at the University of Kentucky. He was inducted into the University of Kentucky's 2010 Hall of Distinguished Alumni. He has also been awarded Honorary Doctorate degrees from four universities.
Rogers and his wife, Mary Anne, have two daughters, a son and 11 grandchildren.
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.
March 25, 2013