Xcel Energy Inc. is a major utility company specializing in the generation, purchase, transmission, distribution, and sale of electricity. The company primarily operates in the Utilities sector, specifically focusing on Regulated Electric utilities.
Founded in 1909, Xcel Energy has grown to become a leader in delivering renewable energy and reducing carbon and other emissions. It is headquartered in Minneapolis, Minnesota, United States.
Main Product(s):
Xcel Energy is known for its electricity services, providing reliable and sustainable energy to a wide range of customers. The company also has significant operations in natural gas distribution.
Short History of Xcel Energy Inc.:
1909 – The company was established, marking its entry into the electricity business.
2000 – Xcel Energy Inc. was formed by the merger of Northern States Power Company (based in Minneapolis) and New Century Energies (based in Denver).
2010s – Xcel Energy shifted focus towards renewable energy sources, with substantial investments in wind and solar power.
2020 – The company announced a vision to provide 100% carbon-free electricity by 2050.
Key Executives:
Name
Title
Pay
Exercised
Year Born
Mr. Robert C. Frenzel
President, CEO & Chairman
3.25M
N/A
1971
Mr. Brian J. Van Abel
Executive VP, CFO & Principal Accounting Officer
1.47M
N/A
1982
Mr. Timothy John O'Connor
Executive VP & COO
1.63M
N/A
1960
Mr. Brett C. Carter
Executive Officer
1.03M
N/A
1967
Ms. Amanda J. Rome
Executive VP, Group President of Utilities & Chief Customer Officer
928.65k
N/A
1981
Mr. Paul Andrew Johnson
VP of Investor Relations & Treasurer
N/A
N/A
1960
Mr. Ryan Long
General Counsel
N/A
N/A
N/A
Justin Tomljanovic
Vice President of Corporate Development
N/A
N/A
N/A
Ms. Patricia Correa
Senior VP, Human Resources & Employee Services and Chief Human Resources Officer
N/A
N/A
1974
Mr. Jeffrey S. Savage
Senior VP and Chief Audit & Financial Services Officer