If Progress board members are correct that Bill Johnson performed well and with respect toward his employees (per today’s News & Observer story and earlier comments), it fortifies my belief that Crystal River was the main point of dispute that led to his firing.
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NC utilities panel calls former Progress CEO Johnson to testify – The News & Observer
Utility regulators asleep at the switch – Tampa Bay Times Editorial
NC Commission Must Assess Duke CEO Rogers’ Revelations about Merger Costs – NC WARN News Release
Billions in nuclear repairs or retirement would harm Carolinas ratepayers; all this should have been disclosed prior to Commission approval of the merger
NC WARN’s Legal Motion
Duke-Progress merger puts restart of Florida reactor in doubt – Reuters
State panel wants to know if Duke Energy misled it on the merger – The Charlotte Observer
Investigations into Duke Energy Require an End to Duplicity, Secrecy – News Release from NC WARN
We appreciate that both the NC Utilities Commission and NC Attorney General Cooper have opened separate investigations into Duke Energy’s takeover of Progress Energy. It is critical that both investigations allow full and open scrutiny of all questions about winners and losers – in particular, who Duke intends to charge for several multi-billion dollar power plant fiascos and for the $44 million parachute former Progress CEO Bill Johnson glides away with.