|Birth Name:||Lynn Good|
|Net Worth:||$ 6.5 million|
|Qualification:||Graduate in accounting and systems analysis|
Lynn Good is a prominent American businesswoman who is known best for her notable work in her company Duke Energy as a Chairman, President, and Chief Executive Officer. Lynn Good net worth is known to have been sourced from the success of her company Duke Energy which is listed in a Fortune 500 company. Lynn Good Duke Energy success has made her recognized as one of the world’s most powerful women.
The very talented and distinguished American businesswoman, Lynn Good is known best to be the Chairman, President and Chief Executive Officer of Duke Energy. Lynn Good net worth has made her one of the world’s most powerful women. Lynn Good has also acquired through Duke Energy. Lynn Good bio can be found on various social media sites with her personal and professional details.
Lynn Good was born in Fairfield, Ohio. She spent most of her childhood days in Ohio. She is of American nationality and white ethnicity. Lynn’s father worked as a math teacher initially and then became a high school principal. Lynn Good received her education from Miami University of Ohio. From there, she went on to graduate in accounting and systems analysis. Lynn Good wanted to pursue a career in business.
Lynn Good began her career at the Cincinnati branch of Arthur Andersen & Co as an auditor. Good went on to become one of the most competent ladies in the field of auditing which was at the time dominated by males. One of Lynn Good’s most significant career high at Andersen was when she went on to handle the account of Cincinnati Gas & Electric. Eventually in 1992, Lynn Good went on to become Andersen’s partner. At the time Andersen had only a few women partners. She also went on to serve as a partner at Deloitte.
Eventually in 2003 Lynn Good joined Cinergy which was Andersen’s old audit client. For Cinergy, she took only half the salary she took at Andersen. Three years later the company Duke Energy purchased Cinergy. Thus, Lynn Good became a part of the purchase and went on to head the free commercial business. Over time, Lynn Good was made Duke’s executive vice president and chief financial officer. Under her supervision and leadership, Duke Energy went on to invest largely in renewable energy such as the wind and solar facilities. These facilities sold their power to utilities and towns which eventually increased the revenue of Duke Energy and made it larger than before.
Under Lynn’s leadership, Duke Energy of Charlotte and Progress Energy of Raleigh agreed to merge in 2011. The initial deal made by the merger was that Duke’s CEO Jim Roger would replace Progress’s CEO, Bill Johnson. However, when the deal was closed the board went on to fire Progress’s CEO Johnson and re-hired Rogers instead. North Carolina regulators advised Duke Energy that they had to have a new CEO by the middle of 2013 so the search for a new CEO began. Son in July 2013, Lynn Good was given the position of being the CEO of Duke Energy. Lynn Good’s Duke career rose into greater heights after that.
Duke Energy currently has the revenue of 23.46 billion USD. The company has employed around 29,188 as per the reports of 2015. Duke’s Operating income increase is known to be $ 5.367 billion. Duke Energy has gained huge recognition and appreciation in the years of its work in the field of business. The company has earned a spot in Business Insider’s The 50 Best Employers In America list.
Duke has invested largely on biomass fired like its Shelton Biomass Facility, and in Nuclear like the stations Catawba Nuclear Station, McGuire Nuclear Station, Oconee Nuclear Station. The company has also invested largely in Coal-fired like the Allen Steam Station, Asheville Steam Electric Plant, Belews Creek Steam Station and more. Duke Energy is also known for its investments in hydropower facilities like the Blewett Falls Hydroelectric Plant, Cowans Ford Hydro Station, Keowee Hydro Station, and more.
Under Lynn Good’s supervision, Duke has also invested in Oil and gas-fired like Anclote Station, Asheville Combustion Turbines, Bartow Combined Cycle Station, and Buck Steam Station. The company has also announced plans to launch three new such projects in Kentucky in 2017. Duke has its Wind farm, Shirley Wind which is also a huge source of revenue.
Lynn Good has been a board member in many organizations till date. She has served the Cincinnati Ballet as the board member for about eight years in the 1990s-2000s. Also, Lynn has served at Boeing as the member of the board of directors since 2015. Lynn Good has worked exceptionally well in all of her positions that she is given.
Lynn Good net worth is known to be huge as per many sources. Lynn Good net worth has been sourced from the huge compensations that she receives from Duke Energy. Lynn Good’s salary in the fiscal years of 2017 was $13,700,000 coming from her work as the CEO of Duke. Also, Lynn Good net worth has been amassed from her work in the compensation of $ 6.5 million that she received in 2013 from Duke Energy. The compensation included $929,167 as salary and short-term incentive-plan compensation worth $1.1 million.
Lynn Good is a married woman. She is married to her husband Brian R. Good. Together the couple has two children. The couple has never had any extra marital affairs or divorce rumors till date. Lynn Good is reluctant on speaking about her personal life in front of the media.
Lynn Good age at present is 58. Lynn Good age exceeds her youthful looks. Even at this age, Lynn Good is very enthusiastic towards her work.
Lynn Good has been honored many times for her remarkable career as a businesswoman. She has been listed in Forbes magazine’s World’s 100 Most Powerful Women in 2016. American businesswoman, Lynn Good bio is widely available on various social media sites like Wikipedia, facebook, twitter, and more.