Duke Energy names new N.C. president, will operate out of Raleigh

Duke Energy has announced who will head up its North Carolina operations once outgoing state president Paul Newton retires later this year. David Fountain, the company’s senior vice president of enterprise legal support, will step into the role Sept. 1 In his new role, Fountain will be responsible for advancing the company's regulatory initiatives, while managing state and local regulatory and governmental relations, economic development, community affairs, water strategy, hydroelectric licensing…