Duke-Led Board Ousted CEO

INTRIGUE

Updated Apr. 21, 2017 4:28PM EDT / Published Jul. 07, 2012 11:00AM EDT

Chuck Burton / AP Photo

It was a matter of utility. The ouster of former Progress CEO Bill Johnson from the top job at Duke Energy caused an uproar on Friday. Now it seems Johnson’s ejection came as the result of a boardroom coup led by Jim Rogers, who was chief executive at Duke before the two energy giants merged – a $26 billion deal that closed on Monday. A former director at Progress penned an acid letter to the Wall Street Journal in which he said that not “a single director of Progress would have voted for this transaction as structured with the knowledge that the CEO of Duke, Jim Rogers, would remain as CEO of the combined company.” Johnson lasted only one day on the job.

Read it at The Wall Street Journal

R.F.K. Jr.’s Old Environmental Pals Tell Him to Get Lost

“His actions are a betrayal to our environment,” the candidate’s former mentor said of him.

Iconic Hotel From ‘The Shining’ Goes Up in Flames

Crews responded late Thursday night to an attic fire at the famous Oregon lodge.

John Cleese Cancels His Own Cancel Culture Show

The “Monty Python” star has stalled the show for three years.

Susan Sarandon Joins Protesters at Columbia University

“Especially in a place of education, and supposedly higher thought, to be attacked with racism and intolerance is not acceptable,” the actress said.

New Deets Surface on Barbara Walters and Diane Sawyer’s Beef

Despite the two being bitter rivals, Sawyer also conceded, “We spent a lot of time laughing and forging a real friendship.”

Stock Slips After Netflix Stops Sharing Subscriber Numbers

Despite a strong first quarter, investors were seemingly rattled by the company’s decision to stop reporting their favorite metric.

A D.C. ‘Skinny’ Home Is Listed for $600K—It’s 6 Feet Wide

A change in zoning laws forced the owners to put their building plans on a serious diet.

Ethics Panel Wants to Know if Gaetz Got High at Parties: ABC

The House committee has reportedly obtained a woman’s statement claiming the Republican attended an event where drugs were present.

Duke-Led Board Ousted CEO

Chuck Burton / AP Photo