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Dwight L. Jacobs

Senior Vice President,
Supply Chain and
Chief Procurement Officer

Dwight L. Jacobs

Dwight L. Jacobs

Dwight Jacobs serves as senior vice president, supply chain and chief procurement officer for Duke Energy. In this role, he is responsible for the sourcing and supply chain functions for the enterprise’s operations. He assumed this current position in May 2021.

Jacobs joined Duke Energy in 2002 and has served in several key leadership roles. Most recently, he served as senior vice president, chief accounting officer, tax and controller for Duke Energy, where he oversaw finance transformation, accounting, tax, financial reporting and internal controls.

Prior to that, he served as senior vice president of financial planning and analysis with responsibility for the company’s business and financial planning functions, including oversight of the financial forecast. He also managed the design of policies, processes and systems that support the finance function. He has served as Duke Energy’s chief risk officer and led a revamping of the company’s enterprise risk management practices and policies. Jacobs also led the regulatory activity, including rate cases in six states and 11 jurisdictions, as vice president of rates and regulatory strategy for Duke Energy.

Before joining the company, Jacobs was an audit and business advisory 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 (UNC). He is a graduate of the Advanced Management Program at the Wharton School of Business at the University of Pennsylvania. He completed the Advanced Risk Management Program at Loyola University Chicago’s Quinlan School of Business. He is also a certified public accountant.

Jacobs serves as a business school adjunct professor at Queens University. He is a board member and former president of Communities in Schools. He serves on the board of visitors for UNC’s Children’s Hospital, and he is a founding member of UNC’s Alumni Committee on Racial and Ethnic Diversity. He has been a youth basketball coach, a teacher at Weddington United Methodist Church and a youth mentor. Jacobs is a Lumbee Indian of North Carolina.

He is married to the former Moira Farrell of Charlotte, N.C., and they have a daughter and a son.

May 16, 2021

Duke Energy

Duke Energy, one of the largest energy holding companies in the United States, supplies and delivers electric services to approximately 8.2 million customers in the Southeast and Midwest. The company also distributes natural gas services to approximately 1.6 million customers in the Carolinas, Ohio, Kentucky and Tennessee. Its commercial business operates a growing renewable energy portfolio across the United States. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 150 company traded on the New York Stock Exchange under the symbol DUK.