Stephen G. De May Senior Vice President – Investor Relations and Treasurer
Stephen De May is senior vice president of investor relations and treasurer for Duke Energy. As treasurer he is responsible for financing and capital markets activities, liability management, liquidity and cash management, and managing Duke Energy’s relationships with the major credit rating agencies. In October 2009, De May assumed additional responsibility for investor relations, where he monitors trends in the investment markets and maintains key relationships with debt and equity investors, analysts and financial institutions.
Previously, he served as senior vice president, treasurer and chief risk officer.
De May joined the company in 1990 as a director of the company's real estate development business, Crescent Resources, where he had responsibility for managing the finance and accounting functions. In 1994, he joined the company's corporate finance group, and in 1996, completed an extended risk management assignment at the company's energy trading and marketing affiliate in Connecticut. Following the merger of Duke Power and PanEnergy, De May managed the corporate finance group until June 1999, at which time he was appointed vice president of business unit finance. During 2004 and 2005, he served as vice president of energy and environmental policy, with responsibility for achieving the company’s public policy objectives related to key energy and environmental issues. Following the merger between Duke Energy and Cinergy in April 2006, he served as general manager, corporate finance and assistant treasurer for the company. In 2007, De May was named vice president and treasurer for Duke Energy. He was named senior vice president, treasurer and chief risk officer in February 2009.
Before joining Duke Energy, De May served as senior tax consultant for Deloitte & Touche and tax consultant for Price Waterhouse.
De May graduated from the University of North Carolina at Chapel Hill with a bachelor of arts degree in political science and a master of business administration degree from the McColl Graduate School of Business at Queens University of Charlotte. He is a certified public accountant in North Carolina.
De May is a member of the board of directors for Lions Services Inc., and the University of North Carolina at Chapel Hill’s Friends of the Library. He is also a member of the Management Committee of ADAGEtm LLC, an AREVA/Duke Energy advanced biopower company.
A native of Long Island, N.Y., De May was born in 1962. He and his wife, Linda, have three children.
Duke Energy, one of the largest power companies in the United States, supplies and delivers electricity to approximately 4 million customers in the Carolinas and the 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 500 company traded on the New York Stock Exchange under the symbol DUK.
October 2, 2009
