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.