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Home / News / Fired CEO was able to duck disparagement clause (access required)

Fired CEO was able to duck disparagement clause (access required)

With subpoena in hand, bad-mouthing was allowed

A cool $1.5 million dollars is a lot of hush money. That’s what Bill Johnson, who was CEO of Duke Energy for about as long as it takes a lineman to climb a power pole, got in exchange for agreeing not to trash the company publicly. But when Johnson was subpoenaed by the North Carolina Utilities Commission, he got a free pass to tell his side of the story – warts and all.

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