Brian Savoy

Brian Savoy

Executive Vice President and Chief Financial Officer at Duke Energy Corporation

Duke Energy CorporationCharlotte, North Carolina, United States

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Experience33+ Years
LevelCXO

Executive Overview

As the executive vice president and chief financial officer for Duke Energy, I oversee the company’s financial function, including the controller’s office, treasury, tax, risk management and insurance. These duties include accounting, cash management and overseeing risk control policies. I also have the responsibility for corporate development and enterprise strategy, with a focus on transforming the company’s generation and transmission assets to create greater resiliency and reliability for our customers, while also advancing Duke Energy’ net-zero carbon emissions goals. Before assuming the role of CFO in 2022, I served as Duke Energy’s chief strategy and commercial officer, during which I was responsible for enterprise strategy, commercial renewables, the natural gas business unit, business ventures and development and relationship management and sales for large customer accounts. I’ve also held roles as Duke Energy’s chief transformation and administrative officer, and chief accounting officer and controller. I joined Duke Energy in 2001 as a manager in Duke Energy’s energy trading unit, Duke Energy North America, during which I was named director of trading and risk services and was responsible for the successful wind-down and disposition of Duke Energy North America in 2005. Following Duke Energy’s merger with Cinergy in 2006, I was appointed vice president and controller of the commercial power segments, and in 2009, I was named director of forecasting and analysis where I lead the financial due diligence of the Duke Energy/Progress Energy merger in 2012. I currently serve on the board of trustees for the Duke Energy Foundation, Queens University of Charlotte and am a board member of the Electric Power Research Institute.

Career Timeline

Professional employment history
  • Apr 2006–Present· 20 yrs 5 mos
    • Executive Vice President, Chief Financial OfficerCurrent
      Sep 2022–Present
    • Executive Vice President and Chief Strategy and Commercial Officer
      May 2021–Sep 2022
    • SVP, Chief Transformation & Administrative Officer
      Sep 2019–May 2021
    • Senior Vice President, Business Transformation and Technology
      Apr 2016–Sep 2019
    • Vice President, Controller and Chief Accounting Officer
      Sep 2013–Apr 2016
    • Managing Director, Financial Planning & Analysis
      Mar 2011–Aug 2013
    • General Manager, Financial Planning
      Mar 2009–Mar 2011
    • VP & Controller, Commercial Power Unit
      Apr 2006–Mar 2009
  • 2001–2006· 5 yrs
    • Senior Director, Risk Management Accounting & Analysis
      2001–2006
  • 1997–2001· 4 yrs
    • Manager, Audit Services
      1997–2001
    • Inventory Accountant
      1993–1997

Education

Advanced Management Program

Business

Duke University - The Fuqua School of Business

Bachelor of Business Administration

Accounting

Lamar University

Executive Relationship Map

Reports To
Brian Savoy
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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Skills & Expertise

20 of 20 skills
Commodity MarketsNatural GasLeadershipFinancial AccountingFinancial AnalysisRisk ManagementFinancial ModelingMergers & AcquisitionsAccountingEnergyFinancial ForecastingSEC filingsCPAInternal ControlsSarbanes-Oxley ActSarbanes-OxleyAuditingStrategic Financial PlanningMergersEnterprise Risk Management