Duke Energy Coup, Part Deux

Back in July, we posted about the two hour CEO job that William Johnson held for two hours as CEO for the merged Duke Energy/Progress Energy. As with many complicated stories, time allows for more information to be disseminated. For example, in an interview, old/ex/new CEO Jim Rogers said that he had only given up his position as a CEO of Duke Energy in order to pay a lower premium for Progress Energy. This implies that William Johnson helped aid the sale of Progress at a discount in order to be the CEO of the combined company, an accusation he vehemently denies.