Updated April 2026 · SEC DEF 14A data
Lynn Good
Chief Executive Officer at Duke Energy · Electric Utilities
Lynn Good serves as Chief Executive Officer of Duke Energy. Total compensation: $8.0M. CEO compensation at U.S. public companies is disclosed via the SEC DEF 14A proxy statement, including base salary, stock and option awards, performance-tied incentives, and "other compensation" that captures perquisites and post-employment benefits.
Compensation at this scale is typical of senior executives at mid-cap public companies, or non-CEO senior officers at larger firms. Equity awards tend to dominate cash compensation in the disclosure. The CEOPay executive page surfaces the per-year compensation history (where multi-year disclosure exists), the breakdown by award type, and the per-company context for the role. Cross-executive comparisons within a single company are most useful for understanding internal pay structure.
Lynn Good, Chief Executive Officer at Duke Energy, earned $8.0M in reported total compensation in fiscal year 2010 and $24.0M in cumulative SEC-disclosed compensation across the 3 fiscal years on file. Pay was disclosed in the company's SEC DEF 14A proxy statement and is broken into salary, stock awards, option awards, non-equity incentive, pension change, and other compensation under the Summary Compensation Table required by Regulation S-K Item 402.
Total Compensation
Fiscal year 2010
Compensation Breakdown
Lynn Good Net Worth: $24.0M in SEC-Disclosed Pay
Lynn Good has earned $24.0M in cumulative total compensation across the 3 fiscal years of disclosure on file (2008–2010) as Chief Executive Officer at Duke Energy. That figure — the sum of every Summary Compensation Table entry the company has filed under SEC Regulation S-K Item 402 — is a defensible floor for an estimated net worth conversation: it is in the seven-to-eight-figure range based on disclosed pay alone; actual net worth depends materially on what fraction of vested equity Lynn Good chose to hold versus sell, plus the share-price trajectory of Duke Energy over the same window. Lynn Good's actual net worth is not directly disclosed in SEC filings; it would require reconciling this cumulative pay with current beneficial ownership, prior open-market stock sales (reported on Form 4), exercised options, taxes paid, and personal investments outside the company.
Beneficial ownership — the actual share count Lynn Good controls — is disclosed separately in the same DEF 14A in the “Security Ownership of Certain Beneficial Owners and Management” table, with insider transactions reported on SEC Form 4 within two business days of any open-market trade. To estimate Lynn Good’s current net worth from public filings alone, combine cumulative disclosed compensation above with current Duke Energy share count × share price, subtract option exercises and stock sales already reported on Form 4, then adjust for taxes (typically 35–50% of vested equity value at grant) and any disclosed personal investments.
What Lynn Good's Pay Tells Us
Lynn Good earns $8.0M as Chief Executive Officer at Duke Energy. Compensation in this range reflects a structured mix of base salary, annual cash incentives, and time-vested or performance-vested equity, with the equity portion typically vesting over three to four years on the standard SEC-disclosed schedule.
Balanced equity-and-cash package: stock and option awards account for roughly 62% of total compensation, with base salary at 10% and the remainder in annual cash incentive, pension change, and other compensation. This mix is common in mid-cap public companies and in industries with more stable revenue trajectories.
Duke Energy's CEO-to-median-worker pay ratio is 84:1 — relatively compressed, characteristic of high-compensation industries where most employees are salaried professionals. Shareholders approved the most recent say-on-pay vote with 88.1% support — within the typical S&P 500 range.
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 |
Compensation has been broadly steady across the 3 fiscal years on file (2008–2010), with total comp clustered near $8.0M.
How These Numbers Are Reported
Every figure on this page comes from the SEC DEF 14A proxy statement that Duke Energy filed with the U.S. Securities and Exchange Commission ahead of its most recent annual shareholder meeting. The proxy is freely available on the SEC's EDGAR system. Inside it, the Summary Compensation Table reports salary, bonus, stock awards, option awards, non-equity incentive plan compensation, change in pension and nonqualified deferred compensation earnings, all other compensation, and total — for the chief executive officer, chief financial officer, and the three other most highly compensated executive officers (the "named executive officers" or NEOs).
Stock awards and option awards are reported at grant-date fair value under FASB ASC 718, which is an accounting estimate at the time of grant rather than realized pay. Realized pay — what the executive actually banked — appears in the separate "Option Exercises and Stock Vested" table inside the same DEF 14A. Both views matter: the grant-date number is what the board approved, the realized number is what actually flowed to the executive in a given year. Read the full methodology for inputs, weights, and how each line item is sourced.
Authoritative governance context: Institutional Shareholder Services (ISS) and Glass Lewis publish the proxy-advisor frameworks most institutional shareholders use to evaluate pay alignment, and our Pay-for-Performance Grade follows the same four-factor approach.
Frequently Asked Questions
How much does Lynn Good earn?
Lynn Good earned $8.0M in total compensation as Chief Executive Officer at Duke Energy in fiscal year 2010, as disclosed in the company's most recent SEC DEF 14A proxy statement. Lynn Good earns $8.0M as Chief Executive Officer at Duke Energy. Compensation in this range reflects a structured mix of base salary, annual cash incentives, and time-vested or performance-vested equity, with the equity portion typically vesting over three to four years on the standard SEC-disclosed schedule.
What is Lynn Good's pay package made of?
Lynn Good's reported total of $8.0M breaks into base salary of $800K, stock awards of $4.0M, option awards of $960K, plus non-equity incentive, pension change, and other compensation. Balanced equity-and-cash package: stock and option awards account for roughly 62% of total compensation, with base salary at 10% and the remainder in annual cash incentive, pension change, and other compensation. This mix is common in mid-cap public companies and in industries with more stable revenue trajectories.
What is Lynn Good's net worth?
Lynn Good has earned $24.0M in cumulative total compensation across the 3 fiscal years of disclosure on file (2008–2010) as Chief Executive Officer at Duke Energy. That figure — the sum of every Summary Compensation Table entry the company has filed under SEC Regulation S-K Item 402 — is a defensible floor for an estimated net worth conversation: it is in the seven-to-eight-figure range based on disclosed pay alone; actual net worth depends materially on what fraction of vested equity Lynn Good chose to hold versus sell, plus the share-price trajectory of Duke Energy over the same window. Lynn Good's actual net worth is not directly disclosed in SEC filings; it would require reconciling this cumulative pay with current beneficial ownership, prior open-market stock sales (reported on Form 4), exercised options, taxes paid, and personal investments outside the company.
Where does this compensation data come from?
Every figure on this page is sourced from the SEC DEF 14A proxy statement that Duke Energy filed with the U.S. Securities and Exchange Commission ahead of its most recent annual shareholder meeting. The Summary Compensation Table inside the filing is the authoritative document, available on the SEC EDGAR system at https://www.sec.gov/edgar.shtml. Equity values follow FASB ASC 718 grant-date fair-value accounting; pension changes reflect the year-over-year actuarial revision required by Regulation S-K Item 402.
How has Lynn Good's pay changed over time?
Compensation has been broadly steady across the 3 fiscal years on file (2008–2010), with total comp clustered near $8.0M.
What is Duke Energy's pay-for-performance picture?
Duke Energy's CEO-to-median-worker pay ratio is 84:1 — relatively compressed, characteristic of high-compensation industries where most employees are salaried professionals. Shareholders approved the most recent say-on-pay vote with 88.1% support — within the typical S&P 500 range. Duke Energy earns a Pay-for-Performance Grade of A (83/100) on the four-factor framework documented on the methodology page.
Source: U.S. Securities and Exchange Commission, DEF 14A proxy filings via EDGAR. Public domain.
Last updated 2026-04-06 · 3 fiscal years of compensation history on file.