One Sign Duke Energy Corp (DUK) Stock Is Headed Higher

Atlantic Power Corp (NYSE:AT)‘s chair, Irving Gerstein, comes as an outsider to the utilities industry. But what he lacks in energy history, he makes up in corporate and political wherewithal. With a medical background, Gerstein has served on more than half a dozen other boards — and has been a Canadian senator since 2008.

Barry Welch has served as Atlantic Power Corp (NYSE:AT)’s president and CEO for almost 10 years and comes from a financial background. With Atlantic’s “growth by acquisition” strategy, his longer history and investing knowledge make him a seemingly sensible choice.

Don’t be bored with boards
While it’s easy for investors to look beyond boards at on-the-ground operations, these corporate bodies are essential to a company’s long-term success. Duke’s newly diversified board paves the way for new ideas, different opinions, and creative conflict, in general. With Rogers out of the hot seats, Duke Energy Corp (NYSE:DUK) stock is another step closer to sustainable profits.

The article 1 Sign Duke Energy Stock Is Headed Higher originally appeared on Fool.com and is written by Justin Loiseau.

Fool contributor Justin Loiseau has no position in any stocks mentioned, but he does use electricity. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool recommends Exelon.

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