CEO Salary & Executive Compensation
Duke Energy DUK
CEO: Lynn Good · Electric Utilities · 27,600 employees
Lynn Good, CEO of Duke Energy (DUK), earned $8.0M in total compensation in 2010. Duke Energy receives a Pay-for-Performance grade of A (83/100), with a CEO-to-worker pay ratio of 84:1 and a say-on-pay shareholder approval of 88.1%. The company's 3-year total shareholder return is +25.8%.
How Duke Energy CEO Pay Compares
Lynn Good's $8.0M total compensation is 0% below the Electric Utilities industry median of $8.0M. The 84:1 CEO-to-worker pay ratio is 14% lower than the industry average of 98:1.
Total compensation for Lynn Good at Duke Energy (DUK) was $8.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio runs 84x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been positive over the three-year window: TSR of 25.8% alongside 17.3% revenue growth. Compensation packages tied to relative TSR or absolute return benchmarks would have vested at or near target levels with this performance profile.
Say-on-pay support was strong at 88%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Duke Energy operates in Electric Utilities with 27,600 employees and $29.1B in annual revenue, and currently carries a market capitalization of $84.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Duke Energy (DUK).
Compensation Breakdown
Lynn Good's $8.0M total compensation package for fiscal year 2010 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2010 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2009 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2008 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
Lynn Good, CEO of Duke Energy (DUK), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Lynn Good, CEO of Duke Energy (DUK), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Duke Energy has a Pay-for-Performance Score of A (83/100). The company's 3-year total shareholder return is +25.8%, and the say-on-pay shareholder vote passed with 88.1% approval.
The CEO-to-median-worker pay ratio at Duke Energy is 84:1. The median worker at Duke Energy earns $95K per year, while CEO Lynn Good earns $8.0M in total compensation.
Duke Energy employs approximately 27,600 people. The company operates in the Electric Utilities industry within the Utilities sector, generating $29.1B in annual revenue.