By Chris Bavender
Stan Pinegar knows his new position as Duke Energy president is a “mammoth responsibility” but considers it a privilege to be able to continue to serve the company’s customers.
“There is a lot of responsibility with this role and I really hope to focus on our customers and our communities,” Pinegar said. “It’s very important to pay attention to your stakeholders and very important to react to problems and to needs.”
Pinegar joined Duke in 2012 and was most recently its vice president of Indiana government affairs. In his new role he will manage state and local regulatory and government relations and community affairs. He also will work with corporate and regulatory strategy teams to advance the company’s rate and regulatory initiatives and will be responsible for the financial performance of the company’s Indiana operations.
“I have learned along the way we are not perfect and we have had challenges, even in Zionsville with the recent power outages that frustrated the mayor and school superintendent and many of our customers,” Pinegar said. “ We reacted to that and met with them and listened and we’ve done a significant amount of work in Zionsville to improve reliability to the school and to the neighborhoods that were impacted by significant outages. I’m proud of that.”
A native Hoosier, Pinegar grew up near Muncie and has lived in Zionsville with his wife and three sons for 18 years.
“I am very committed to Indiana and I want our service territory to prosper and succeed,” Pinegar said. “We are the largest utility in Indiana, customer and asset-wise, serving 69 of 92 counties, and swipe a broad swath across the state. We can make a difference and I have a vested interest in making sure we do.”
Pinegar spent more than 20 years leading various trade associations, representing members before the Indiana General Assembly and Indiana regulatory agencies.