Steven K. Young net worth and biography

Steven Young Biography and Net Worth

CFO of Duke Energy
Steve Young serves as executive vice president and chief financial officer for Duke Energy. He leads the financial function, which includes the controller’s office, treasury, tax, risk management and insurance, as well as corporate development. These duties include accounting, cash management and overseeing risk control policies.

Young has over 40 years of experience in the energy and finance industries. Before assuming his current position in 2013, he served as Duke Energy’s senior vice president, controller and chief accounting officer. Serving in the role of senior vice president and controller since 2006, he took on the added responsibility of chief accounting officer following the merger between Duke Energy and Progress Energy in 2012.

Young joined the company in 1980 as a financial assistant for Duke Power and held leadership roles in several areas including the controller’s office, bulk power, and system planning and operations. In 1998, he was appointed vice president of rates and regulatory affairs, with responsibility for Duke Power’s regulatory strategies and policies in rate, financial and accounting matters. He was also accountable for the company’s interaction with the utility commissions of North Carolina and South Carolina, and the Federal Energy Regulatory Commission. He was named Duke Power’s senior vice president and chief financial officer in 2003, group vice president and chief financial officer in 2004, and vice president and controller in 2005.

Young earned a Bachelor of Arts degree in business administration from the University of North Carolina at Chapel Hill. He completed the Advanced Management Program at the Wharton School of Business and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology. He is also a certified public accountant and managerial accountant in North Carolina.

Young serves as co-chair of the Finance Executive Advisory Committee and a member of the CFO Committee of the Edison Electrical Institute. He is a member of the American Institute of Certified Public Accountants, Institute of Managerial Accountants and National Association of Accountants. Young also serves as a member of the boards of directors for the Bechtler Museum of Art and the Charlotte Sports Foundation. He and his wife, Lilly, have a daughter and a son.

What is Steven K. Young's net worth?

The estimated net worth of Steven K. Young is at least $11.03 million as of August 1st, 2022. Mr. Young owns 113,657 shares of Duke Energy stock worth more than $11,032,685 as of September 29th. This net worth approximation does not reflect any other investments that Mr. Young may own. Additionally, Mr. Young receives a salary of $1,950,000.00 as CFO at Duke Energy. Learn More about Steven K. Young's net worth.

How old is Steven K. Young?

Mr. Young is currently 64 years old. There are 6 older executives and no younger executives at Duke Energy. The oldest executive at Duke Energy is Mr. Dhiaa M. Jamil, Exec. VP & COO, who is 66 years old. Learn More on Steven K. Young's age.

What is Steven K. Young's salary?

As the CFO of Duke Energy Co., Mr. Young earns $1,950,000.00 per year. There are 2 executives that earn more than Mr. Young. The highest earning executive at Duke Energy is Ms. Lynn J. Good, Chairman, Pres & CEO, who commands a salary of $4,980,000.00 per year. Learn More on Steven K. Young's salary.

How do I contact Steven K. Young?

The corporate mailing address for Mr. Young and other Duke Energy executives is 550 SOUTH TRYON STREET, CHARLOTTE NC, 28202. Duke Energy can also be reached via phone at (704) 382-3853 and via email at [email protected] Learn More on Steven K. Young's contact information.

Has Steven K. Young been buying or selling shares of Duke Energy?

In the last ninety days, Steven K. Young has sold $90,312.30 in Duke Energy stock. Most recently, Steven K. Young sold 415 shares of the business's stock in a transaction on Monday, August 1st. The shares were sold at an average price of $109.87, for a transaction totalling $45,596.05. Following the completion of the sale, the chief financial officer now directly owns 113,657 shares of the company's stock, valued at $12,487,494.59. Learn More on Steven K. Young's trading history.

Who are Duke Energy's active insiders?

Duke Energy's insider roster includes Kodwo Ghartey-Tagoe (EVP), Robert Glenn (CEO), Lynn Good (CEO), Dwight Jacobs (SVP), Dhiaa Jamil (COO), Julia Janson (EVP), E. Mckee (Director), Louis Renjel (SVP), Harry Sideris (SVP), Lloyd Yates (EVP), and Steven Young (CFO). Learn More on Duke Energy's active insiders.

Are insiders buying or selling shares of Duke Energy?

During the last year, insiders at the utilities provider sold shares 16 times. They sold a total of 45,486 shares worth more than $4,686,788.40. The most recent insider tranaction occured on August, 10th when COO Dhiaa M Jamil sold 700 shares worth more than $76,951.00. Insiders at Duke Energy own 0.1 % of the company. Learn More about insider trades at Duke Energy.

Information on this page was last updated on 8/10/2022.

Steven K. Young Insider Trading History at Duke Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/1/2022Sell415$109.87$45,596.05113,657View SEC Filing Icon  
7/1/2022Sell415$107.75$44,716.25114,072View SEC Filing Icon  
6/1/2022Sell415$112.55$46,708.25114,487View SEC Filing Icon  
2/1/2022Sell415$104.55$43,388.25View SEC Filing Icon  
12/1/2021Sell2,000$97.44$194,880.00View SEC Filing Icon  
7/27/2020Sell254$82.50$20,955.00View SEC Filing Icon  
6/26/2020Sell265$79.35$21,027.75View SEC Filing Icon  
5/26/2020Sell253$84.46$21,368.38View SEC Filing Icon  
4/27/2020Sell246$86.28$21,224.88View SEC Filing Icon  
3/26/2020Sell282$75.01$21,152.82View SEC Filing Icon  
1/27/2020Sell219$96.13$21,052.47View SEC Filing Icon  
12/26/2019Sell233$90.00$20,970.00View SEC Filing Icon  
11/26/2019Sell240$87.48$20,995.20View SEC Filing Icon  
10/28/2019Sell221$95.03$21,001.6371,243View SEC Filing Icon  
9/26/2019Sell219$96.24$21,076.5671,464View SEC Filing Icon  
8/26/2019Sell232$90.87$21,081.8471,683View SEC Filing Icon  
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Steven K. Young Buying and Selling Activity at Duke Energy

This chart shows Steven K Young's buying and selling at Duke Energy by year and by quarter.

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Duke Energy Company Overview

Duke Energy logo
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. It also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. This segment serves approximately 8.2 million customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 91,000 square miles; and owns approximately 50,259 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in pipeline transmission and natural gas storage facilities. It has approximately 1.6 million customers, including 1.1 million customers in North Carolina, South Carolina, and Tennessee, as well as 550,000 customers in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, owns, develops, builds, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and corporate customers. It has 23 wind, 178 solar, and 2 battery storage facilities, as well as 71 fuel cell locations with a capacity of 3,554 MW across 22 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
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Today's Range

Now: $95.10
Low: $94.95
High: $99.40

50 Day Range

MA: $108.10
Low: $98.32
High: $113.24

2 Week Range

Now: $95.10
Low: $94.95
High: $116.33

Volume

3,095,876 shs

Average Volume

2,778,993 shs

Market Capitalization

$73.22 billion

P/E Ratio

19.25

Dividend Yield

4.04%

Beta

0.35