Make us your home page

Former CEO of Progress Energy Florida Jeff Lyash resigns from Duke Energy

Progress Energy's merger with Duke Energy has resulted in the departure of another senior executive, the utility announced this week.

Jeff Lyash, the former president and chief executive officer of Progress Energy Florida, announced his resignation as executive vice president of energy supply for the merged company.

Lyash's departure is effective Dec. 31. His responsibilities will be divided between two current executives.

Lyash, who ran Progress' Florida operations from 2006 to 2009, joins a growing list of Progress executives who have left or plan to leave following the company's July 2 merger with Duke Energy. His total compensation last year was $2.3 million.

A major proponent of nuclear power, Lyash has played a key role in the proposed construction of two new reactors in Levy County. His departure will not affect Duke Energy's decision about building the Levy nuclear plant or whether to repair the broken Crystal River nuclear plant in Citrus County, a utility spokesman said.

"His decision to leave was his decision," said Dave Scanzoni, Duke spokesman. "That has no relation to operations in Florida or anywhere else."

Lyash's Florida successor, Vincent Dolan, also is leaving the company by the end of the year. Alexander "Alex" Glenn will replace Dolan as the president and chief executive officer of Progress Energy Florida.

The departures began with the firing of Bill Johnson, the head of all of Progress Energy's operations in the Carolinas and Florida.

Johnson was slated to run the new combined company but was fired the same day he took the job. The Duke Energy board cited a lack of confidence in Johnson, in part because of the handling of nuclear operations in Florida and the broken Crystal River plant in particular.

With Johnson's departure came resignations from Progress' chief administrative officer, Mark Mulhern, and the company's chief integration and innovation officer, Paula Sims.

As the dust slowly settles on the executive changes, Duke Energy continues to focus on bringing the two companies together.

On April 29, Progress Energy Florida will become Duke Energy Florida. At that time, the company plans to roll out its new logo design on signs, buildings and vehicles. That process is expected to take several months.

Ivan Penn can be reached at or (727) 892-2332.

Former CEO of Progress Energy Florida Jeff Lyash resigns from Duke Energy 12/18/12 [Last modified: Tuesday, December 18, 2012 9:34pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Shell of Old GM Surfaces in Court Fight Over Ignition Flaw


    DETROIT — For eight years, the shell of prebankruptcy General Motors has lingered on in the form of "old GM" — first as a corporate entity and now as an obscure trust designed to settle debts and claims left over from the company's huge financial collapse.

  2. Pinellas wants to see impact of tourism bucks spent on big events

    Local Government

    CLEARWATER –– Pinellas County relies on more than just beaches to attract visitors. County government also spends millions to help sponsor big-name events to draw even more tourists.

    The Pinellas County Tourist Development Council awareded up to $250,000 to help sponsor the 2018 Firestone Grand Prix of St. Petersburg. [CHRIS URSO   |   Times]
  3. Appointments at the Tampa Metropolitan Area YMCA and the Straz Center highlight this week's Tampa Bay business Movers & Shakers



    The Tampa Metropolitan Area YMCA has named Matt Mitchell its new chief executive officer, effective Oct. 16. Selected by the Y's CEO Search Committee following a five-month search, Mitchell will succeed Tom Looby, who is retiring. Looby has served the Y Movement for 37 years, the past 10 …

    The Tampa Metropolitan Area YMCA has named Matt Mitchell as its new Chief Executive Officer. [Handout photo]
  4. Rep. Larry Ahern gets roughed up by Clearwater City Council

    State Roundup

    It seemed innocuous enough: an "end of session report" from state Rep. Larry Ahern, R-Seminole, to the Clearwater City Council.

    Then Ahern got taken to the woodshed.

    Rep. Larry Ahern is vying for a seat on the Pinellas commission.
  5. There's a bar in Tampa where you can roller skate and eat sushi

    Food & Dining

    Roller skating, it's not just for kids birthday parties and the 1970s anymore.

    The exterior of Pattinis features this mural by Art Aliens! [Pattinis South Tampa via Facebook]