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Heath Shuler cashes in

Posted By Rob Schofield On November 26, 2012 @ 4:40 pm In Uncategorized | Comments Disabled

Ah, the revolving door revolves again. This is from Yahoo! Finance [1]:

CHARLOTTE, N.C., Nov. 26, 2012 /PRNewswire/ — Duke Energy has named Heath Shuler as senior vice president of federal affairs, effective Jan. 4, 2013.

Shuler currently serves as a member of the U.S. House of Representatives. He has represented North Carolina’s 11thDistrict since 2007. His term expires Jan. 3, 2013. He announced his intention to retire from Congress Feb. 2, 2012….

Shuler’s focus in 2013 will be on building the federal affairs team and working with leaders in energy associations in which Duke is involved to support federal issues important to the company’s customers and shareholders.

He will also focus on helping employees become more informed and involved with federal issues that impact the company’s customers in the Carolinas, Florida and the Midwest. 

But don’t worry.

In accordance with U.S. House of Representatives ethics rules, Shuler will not vote on any matters affecting Duke Energy for the remainder of the 112th Congress. 

Why doesn’t this make me feel any better?


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[1] Yahoo! Finance: http://finance.yahoo.com/news/duke-energy-names-heath-shuler-210100630.html

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