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Tuesday, November 30, 2010

Ind. Gov't. - "Duke Energy's Assistant General Counsel, State President Fired Over Hiring Flap"

That is the headline to this story by Sue Reisinger in Corporate Counsel. A quote:

In a Nov. 8 filing with the Securities and Exchange Commission, Duke Energy Corp. said it fired Storms, an assistant general counsel for regulatory affairs, along with the president of its Indiana operations, Michael Reed. * * *

Due to "the visibility of this matter," the company said, it announced the firings in a memo to its employees and contractors. The memo says Duke terminated Storms and Reed "after careful consideration ... [of] its review of the events leading up to the hiring of Scott Storms."

Duke also said in the memo that it was implementing specific hiring guidelines to "ensure that job candidates linked to regulatory and oversight groups are removed from all Duke Energy affairs prior to being considered for opportunities."

Unless I missed it, neither the story nor the filing and attached memo indicate that Storms, in addition to his position as "general counsel for Indiana's state utility regulator," had also served as the administrative law judge presiding over Duke's Edwardsport case.

[More] The IndyStar editorial today is headed "Compromised by business as usual."

Posted by Marcia Oddi on November 30, 2010 11:29 AM
Posted to Indiana Government