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Ronald R. Reising Vice President and Chief Procurement Officer

Ronald R. Reising, Vice President and Chief Procurement OfficerRon Reising has led Duke Energy's supply chain function and served as the company's chief procurement officer since January 2006.

Prior to that, Reising served as vice president and chief procurement officer for Cinergy, since 2004. He was responsible for managing Cinergy's sourcing and supply chain function on behalf of both its regulated and commercial operations.

Reising joined Cinergy in June 2002 as vice president of finance, where he was responsible for treasury, budgets and forecasts, strategic planning and tax.

Prior to joining Cinergy, he held various senior management positions with Ameritech's (AT&T's) domestic and international operations, including chief financial officer of Bell Canada in Montreal and chief financial officer of Magyar Telekom, the leading Hungarian telecommunications company. Other positions with Ameritech included vice president of operations and business development for Ameritech Europe, vice president of finance for Telephone Industry Service, director of planning and analysis for General Business Services, and director of the corporate investment and acquisitions group.

Reising earned a Bachelor of Arts degree in economics from Lawrence University and a master's degree in management from The Kellogg School of Management at Northwestern University. He is a past member of the Executive Committee of the Electric Utility Industry Sustainable Supply Chain Alliance, of which Duke Energy is a founding member.

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.

May 21, 2013