Duke Energy Corporation Outside Director Compensation Schedule Effective May 1, 2025
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the compensation structure for outside directors of Duke Energy Corporation, effective May 1, 2025. Directors will receive annual retainers in both cash and stock, with additional fees for serving as Chairman, Lead Director, or committee chairs. There are also extra payments for directors who serve on special committees or attend a high number of meetings. The agreement specifies the amounts and conditions for each type of compensation.
EX-10.4 4 duk-20250331x10qxexx104.htm EX-10.4 Document
Exhibit 10.4
Effective May 1, 2025, the compensation paid to our outside directors will consist of:
Type of Fee | Fee | ||||
Annual Board Retainer (Cash) | $135,000 | ||||
Annual Board Retainer (Stock) | $195,000 | ||||
Annual non-executive Chairman of the Board Retainer, if applicable (50% Cash/50% Stock) | $200,000 | ||||
Annual Lead Director Retainer, if applicable | $40,000 | ||||
Annual Audit Committee Chair Retainer | $30,000 | ||||
Annual Compensation and People Development Committee Chair Retainer | $25,000 | ||||
Annual Committee Chair Retainer (Other Committees) | $20,000 | ||||
Additional Annual Board Retainer (Cash) (up to one) If director meets one or more of the following during the calendar year: •Serves as a member of a special committee •Attends (in person) more than two off-site committee meetings (excluding the annual Board retreat and attendance as a non-member of a committee) •Attends more than a total of thirty (30) meetings of the Board and committees on which they serve | $10,000 |