Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2017-03-31 | Mr. Yates, age 56, is Executive Vice President–Market Solutions of Duke Energy and President of Duke Energy’s Carolinas Region. Previously, Mr. Yates served as Executive Vice President of Customer Operations for Duke Energy. Mr. Yates has more than 30 years of experience in the energy industry, including the areas of nuclear and fossil generation and energy delivery. Before the merger between Duke Energy and Progress Energy in July 2012, Mr. Yates served as President and Chief Executive Officer for Progress Energy Carolinas. Mr. Yates joined Progress Energy’s predecessor, Carolina Power & Light, in 1998. Before joining Progress Energy, he worked for PECO Energy for 16 years in several line operations and management positions. Mr. Yates serves on several community-based and industry boards and also serves as the President and Chairman of the Association of Edison Illuminating Companies. We believe Mr. Yates’s qualifications to sit on our Board of Directors include the executive leadership and management experience he has acquired throughout his career in the energy industry. |
| 2018-03-30 | Lloyd M. Yates, 57, Director since 2011, Committees: Audit, Corporate Responsibility, 2017 Independent Director Compensation: Total $270,000. |
| 2019-03-29 | Lloyd M. Yates, 58, Director since 2011, Committees: Audit, Corporate Responsibility, 2018 Independent Director Compensation: $290,000 total. |
| 2020-04-03 | Lloyd M. Yates, 59, Director since 2011, Committees: Audit, ESG (Chair), 2019 Independent Director Compensation: Fees Earned or Paid in Cash $127,500, Stock Awards $175,000, Total $302,500. |
| 2021-03-31 | Lloyd M. Yates, 60, Director since 2011, Committees: Audit, ESG (Chair), 2020 Independent Director Compensation: $310,000 total. |
| 2022-04-01 | Lloyd M. Yates, 61, Director since 2011, Committees: Audit, ESG (Chair), 2021 Independent Director Compensation: Fees Earned or Paid in Cash $142,500, Stock Awards $190,000, Total $332,500. |
| 2023-03-31 | Lloyd M. Yates, 62, Director since 2011, Committees: ESG (Chair), Finance, 2022 Independent Director Compensation: Fees Earned or Paid in Cash $150,000, Stock Awards $190,000, Total $340,000. |
| 2024-03-29 | President and Chief Executive Officer of NiSource Inc. |
| 2025-03-28 | Lloyd M. Yates, 64, Director Since 2011, Committees: Business Responsibility (Chair), Finance, 2024 Independent Director Compensation: $360,000 total. |
| Filing Date | Source Excerpt |
|---|---|
| 2021-03-17 | Mr. Yates retired in 2019 as Executive Vice President and President Carolinas of Duke Energy. ... Sonoco's Board believes Mr. Yates is qualified to serve as a director based on the experience described above. |
Data sourced from SEC filings. Last updated: 2025-07-01