Brian Savoy serves as executive vice president and chief financial officer for Duke Energy. He oversees the company’s financial function, including the controller’s office, treasury, tax, risk management and insurance. These duties include accounting, cash management and overseeing risk control policies. He also has responsibility for corporate development and enterprise strategy, with a focus on transforming the company’s generation and transmission assets to achieve its net-zero carbon emissions goals.
Before assuming his current position in September 2022, Savoy served as Duke Energy’s executive vice president and chief strategy and commercial officer. In this role, he was responsible for enterprise strategy, commercial renewables, the natural gas business unit, business ventures and development, and relationship management and sales for large customer accounts.
Previously, Savoy served as the company’s chief transformation and administrative officer, where he led the company’s business transformation through digital innovation, new ways of working and process redesign. He had responsibility for the enterprise business services and technology team, including the information and technology, administrative services, supply chain and human resources organizations. Prior to that, Savoy served as Duke Energy’s chief accounting officer and controller. He joined the company in 2001 as a manager in Duke Energy’s energy trading unit, Duke Energy North America, and he was named director of trading and risk services later in that year. Savoy led derivative accounting and trading control functions for energy trading and marketing activities and was instrumental in the successful wind-down and disposition of Duke Energy North America in 2005.
Following Duke Energy’s merger with Cinergy in 2006, he was appointed vice president and controller of the commercial power segments. In 2009, Savoy was named director of forecasting and analysis, where he played a significant role in addressing challenging business and strategic issues, including leading financial due diligence for the Duke Energy/Progress Energy merger completed in 2012.
Before joining Duke Energy, Savoy was a manager with the international accounting firm Deloitte & Touche. Savoy earned a Bachelor of Business Administration degree in accounting from Lamar University in Beaumont, Texas, and completed the Advanced Management Program at the Fuqua School of Business at Duke University in Durham, N.C. He is a certified public accountant in both Texas and Ohio.
Savoy serves on the board of trustees for the Duke Energy Foundation. He is a board member of the Electric Power Research Institute. He also serves on the board of trustees for Queens University of Charlotte and was a past advisory board member for the Belk College of Business at UNC Charlotte. He and his wife, Sabrina, along with their son and daughter, live in Charlotte, N.C.
Last updated Sept. 1, 2022