Form 8-K
8-K — Duke Energy CORP
Accession: 0001104659-26-110588
Filed: 2026-09-25
Period: 2026-09-24
CIK: 0001326160
SIC: 4931 (ELECTRIC & OTHER SERVICES COMBINED)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — tm2626114d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2626114d1_ex99-1.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 24, 2026
Commission
File
Number
Exact Name of Registrant as Specified in its Charter, State or other
Jurisdiction of Incorporation,
Address of Principal Executive Offices, Zip Code, and Registrant's
Telephone Number, Including Area Code
IRS
Employer
Identification No.
1-32853
DUKE
ENERGY CORPORATION
(a Delaware corporation)
525 South Tryon Street
Charlotte,
North Carolina 28202
800-488-3853
20-2777218
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECURITIES REGISTERED
PURSUANT TO SECTION 12(b) OF THE ACT:
Registrant
Title of each class
Trading
Symbol(s)
Name
of each
exchange on
which
registered
Duke Energy
Common Stock, $0.001 par value
DUK
New York Stock Exchange LLC
Duke Energy
5.625% Junior Subordinated Debentures due September 15, 2078
DUKB
New York Stock Exchange LLC
Duke Energy
Depositary
Shares each representing a 1/1,000th
interest in a share of 5.75% Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share
DUK PR A
New York Stock Exchange LLC
Duke Energy
3.10% Senior Notes due 2028
DUK 28A
New York Stock Exchange LLC
Duke Energy
3.85% Senior Notes due 2034
DUK 34
New York Stock Exchange LLC
Duke Energy
3.75% Senior Notes due 2031
DUK 31A
New York Stock Exchange LLC
Duke Energy
Corporate Units
DUKU
New York Stock Exchange LLC
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of
the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Joyce Mullen to the Board of Directors
On September 24, 2026, the Board of Directors
(the “Board”) of Duke Energy Corporation (the “Corporation”) appointed Joyce Mullen to the Board, effective September 28,
2026, with an initial term expiring at the 2027 Annual Meeting of Shareholders. The Board also appointed Ms. Mullen to the Audit
Committee and the Operations and Nuclear Oversight Committee of the Board, effective September 28, 2026.
Ms. Mullen retired as president and chief
executive officer of Insight Enterprises, Inc. (“Insight”), a Fortune 500 technology company, in April 2026 and
continues to advise Insight’s leadership as executive vice president of strategic development. She joined Insight in October 2020
as president of North America. Before joining Insight, Ms. Mullen held several executive positions at Dell Technologies, where she
led organizations encompassing sales, operations, supply chain, partner strategy, services delivery and logistics. Earlier in her career,
she held leadership positions at Cummins Engine Company. Ms. Mullen also serves on the board of directors of The Toro Company.
The Board has affirmatively determined that Ms. Mullen
is independent pursuant to the Corporation’s Standards for Assessing Director Independence, the listing standards of the New York
Stock Exchange and the rules and regulations of the U.S. Securities and Exchange Commission.
As a non-employee director of the Corporation,
Ms. Mullen will receive a pro-rated payment of the cash and stock annual retainer and will be eligible for other retainers, if applicable,
in accordance with the Corporation’s Director Compensation Program, as set forth on Exhibit 10.1 of the Corporation’s
Form 10-Q, filed with the SEC on August 4, 2026. Ms. Mullen will also be eligible to participate in the Corporation’s
Directors’ Savings Plan, which is described in the Annual Proxy Statement filed with the SEC on March 20, 2026, and will be
subject to the Corporation’s Stock Ownership Guidelines, which require outside directors to own common stock, or common stock equivalents,
of the Corporation with a value equal to at least five times the annual Board cash retainer (i.e., an ownership level of $700,000) or
retain 50% of their vested annual equity retainer.
There are no arrangements or understandings between
Ms. Mullen and any other person pursuant to which Ms. Mullen was appointed to the Board. There are no transactions in which
Ms. Mullen has or will have an interest that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under
the Securities Exchange Act of 1934, as amended, at this time.
Item 8.01. Other Events.
On September 25, 2026, the Corporation issued
a press release announcing Ms. Mullen’s appointment to the Board. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1
Press Release, dated September 25, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements of the Securities
and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
DUKE ENERGY CORPORATION
/s/ DAVID S. MALTZ
David S. Maltz
Title: Vice President, Chief Governance Officer, Corporate Secretary and Mergers and Acquisitions
Dated: September 25, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2626114d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Date: Sept. 25, 2026
Duke Energy board
appoints Joyce Mullen as new member
CHARLOTTE, N.C. – Duke Energy’s
board of directors today announced the appointment of Joyce Mullen as a new board member, effective Sept. 28. Mullen will serve on the
Audit Committee and the Operations and Nuclear Oversight Committee.
Mullen retired as president and CEO
of Insight Enterprises in April 2026. She continues to advise its leadership as executive vice president of strategic development.
“As we serve our customers across
a vibrant operating territory that is growing every day, Joyce’s experience as a transformative leader will help us further accelerate
how we shape the future of energy,” said Harry Sideris, president and chief executive officer of Duke Energy. “We look forward
to working with Joyce as we continue to advance Duke Energy’s strategy and position the company to thrive amid unprecedented growth,
technological innovation and transformation across the industry.”
During Mullen’s tenure as CEO, Insight
Enterprises set its ambition to help organizations maximize the business value of technology and accelerate digital evolution by becoming
the industry’s leading AI-first solutions integrator – combining the right hardware, software and services.
“Joyce is a proven leader during
periods of rapid change and volatility, and her perspective will be incredibly valuable as Duke Energy navigates a pivotal time for both
the company and the broader industry,” said Ted Craver, independent chair of the Duke Energy Board of Directors. “Her experience
at the intersection of AI, digital innovation and customer-focused execution will strengthen the board’s diverse perspectives and
help Duke Energy continue delivering long-term value for its customers, employees, communities, and shareholders.”
Prior to serving as CEO, Mullen served
as Insight’s president of North America, navigating a global pandemic while driving double-digit sales growth. Prior to joining
Insight, Mullen held numerous executive positions during a 21-year tenure at Dell Technologies, leading a broad range of organizations
including sales, operations, supply chain, partner strategy, services delivery, and logistics. Prior to Dell, she held various leadership
roles at Cummins Engine Company.
Mullen serves on the board of directors
of The Toro Company. She earned her MBA from Harvard Business School and bachelor’s in international relations from Brown University.
Duke Energy Corporation | 525 S. Tryon
Street | Charlotte, NC 28202 | www.duke-energy.com
Duke Energy News Release
2
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150
company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities
serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700
megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization
strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen
the system and serve growing energy needs.
More information is available at duke-energy.com.
Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its
communities.
###
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