Duke-American Transmission Co.

We bring together the strengths of two leading electric industry companies to build, own and operate new electric transmission facilities throughout North America.

Stephen DeMay


Stephen De May is treasurer of Duke American Transmission Co. and vice president and treasurer for Duke Energy. De May is responsible for financing and capital markets activities, liability management, liquidity and cash management, long-term investments and managing Duke Energy’s relationships with the major credit rating agencies.

De May was named to his present position upon Duke Energy’s merger with Progress Energy in 2012.  Prior to this, he was senior vice president, investor relations and treasurer.  De May joined Duke Energy in 1990 as a director of the company’s real estate development business and was responsible for managing the finance and accounting functions.  He has held a number of senior finance-related positions during his career with Duke, including vice president of finance, assistant treasurer and chief risk officer.  In 2004 and 2005 De May served as vice president of energy and environmental policy, the company’s lead public policy role.

Before joining Duke Energy, De May served as a senior tax consultant for Deloitte & Touche and a tax consultant for PricewaterhouseCoopers.

De May graduated from the University of North Carolina at Chapel Hill with a Bachelor of Arts degree in political science and a Master of Business Administration degree from the McColl Graduate School of Business at Queens University of Charlotte. He is a Certified Public Accountant in North Carolina. In 2010, he completed the Advanced Management Program at the Wharton School of the University of Pennsylvania.