April 9, 2013
/PRNewswire/ -- Duke Energy (NYSE: DUK) has named
business development manager for the company's Business Development and Economic Development team.
He will be located in
, and responsible for recruiting companies in the data center sector in Duke Energy's six-state service territory in
Duke Energy's approach to business development is unique in the utility industry. The company partners with local, regional and state economic development organizations, and also has a specialized enterprisewide business development team that identifies and proactively recruits large national and international companies to its entire service footprint.
For a record 14
magazine in 2012 recognized Duke Energy as one of the nation's 10 best utility companies in promoting business and economic development.
"John brings more than 25 years of experience to our team," said
, Duke Energy vice president for economic development and business development. "His diverse background will further strengthen our Business Development Team and help position the company for continued growth and success in our economic development efforts."
Fremstad spent the past decade as the vice president of KBR Building Group-Florida and vice president of the Metro Orlando Economic Development Commission. Notable
projects he led include the recruitment and/or construction of the Sanford Burnham Institute for Medical Research,
University of Florida
Research and Academic Center, JetBlue University, Electronic Arts, and the schools of medicine and interactive entertainment at the
University of Central Florida
He also founded
, a company dedicated to accelerating growth in the bio/life sciences industry that helped make
a preferred destination for healthcare, life science, biotechnology and pharmaceutical companies.
Fremstad has been a subject matter expert on economic and political trends on television news programs such as CNN, FOX News and MSNBC and has been featured in trade and industry publications ranging from
He has a Bachelor of Science degree in communications from the
University of Wisconsin
and a Master of Arts degree in psychology from the
University of Nebraska
Duke Energy is the largest electric power holding company in
the United States
with more than
in total assets. Its regulated utility operations serve approximately 7.2 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international business segments own and operate diverse power generation assets in
, including a growing portfolio of renewable energy assets in
the United States
, Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at:
Office: 727.431.2939 | 24-Hour: 800-559-3853
SOURCE Duke Energy