US-based Duke Energy has named Lynn Good as the new group executive and president of commercial businesses, effective November 15, 2007.

Ms Good succeeds Thomas O’Connor, who is leaving the company to become the chairman, president and CEO of DCP Midstream – a joint venture between Spectra Energy and ConocoPhillips that was formerly Duke Energy Field Services.

James Rogers, chairman, president and CEO of Duke Energy, said: Lynn’s background is a tremendous asset as we grow our commercial businesses in a disciplined way. I have great faith in her acumen in assessing new projects, acquisitions and combinations.

When Duke Energy merged with Cinergy in 2006, Ms Good became senior vice president and treasurer, responsible for the corporation’s treasury functions, as well as insurance, market and credit risk management, and corporate financial planning and analysis.