Category Archives: Corporation News

Former Massey executive pleads guilty to conspiracy

Posted on February 28, 2013 by Admin

February 28, 2013 · While he didn’t call him by name, former president David Hughart said, under oath, that Massey’s former CEO Don Blankenship knew about the violations. David Hughart now faces up to six years in prison and a $350,000 fine. David … Continue reading →

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Duke-Progress merger being examined after CEO change

Posted on July 9, 2012 by Admin

RALEIGH, N.C. — The sudden decision to replace the chief executive tapped to run America’s largest electric company has prompted North Carolina’s attorney general and regulators to launch investigations into whether consumers were misled. Attorney General Roy Cooper on Friday … Continue reading →

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Duke Energy CEO resigns after 5 hours on the job: pay for the day? – 44.4 Million Dollars

Posted on July 7, 2012 by Admin

For most Americans, getting fired from a job is a nightmare scenario. Not so if you’re a CEO toiling away at one of the country’s wealthiest companies. After just five hours on the job, Duke Energy CEO Bill Johnson was … Continue reading →

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