Keith Trent to lead Duke Energy regulated utility business

Charlotte, N.C., July 13, 2012 — Duke Energy named Keith Trent executive vice president of regulated utilities, effective immediately. Trent replaces John McArthur, who resigned from the company earlier this week.

Trent is responsible for rates and regulatory initiatives, state and local government relations, economic development, community affairs, integrated resource planning and wholesale power for the company's regulated utility operations in North Carolina, South Carolina, Florida, Indiana, Kentucky and Ohio. He is also responsible for federal government affairs, as well as environmental and energy policy at the state and federal levels.

Since 2009, Trent has led the commercial business organization for Duke Energy, responsible for Duke Energy Generation Services; Duke Energy Renewables; Midwest Commercial Generation; Commercial Transmission; and Duke Energy International, with operations in Latin America.

Under Trent's leadership, the commercial businesses have delivered outstanding safety, financial and operational results and have significantly grown the company's renewable energy business.

The company has named Chuck Whitlock, president of Midwest commercial generation, as the interim leader in the commercial business organization.

Trent joined Duke Energy in May 2002 as general counsel, litigation. He was named group vice president, general counsel and secretary in June 2005, and group executive and chief development officer in April 2006. His education and background include engineering and legal counsel.

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