Edition:
United States

Xcel Energy Inc (XEL)

XEL on New York Consolidated

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30 Sep 2016
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Summary

Name Age Since Current Position

Benjamin Fowke

57 2011 Chairman of the Board, President, Chief Executive Officer

Robert Frenzel

45 2016 Chief Financial Officer, Executive Vice President

Christopher Clark

49 2015 President and Director, NSP-Minnesota

David Eves

57 2015 President and Director, PSCo

David Hudson

55 2015 President and Director, SPS

Mark Stoering

55 2015 President and Director of NSP-Wisconsin

Marvin McDaniel

56 2015 Executive Vice President, Chief Administrative Officer, Group President - Utilities

Scott Wilensky

59 2015 Executive Vice President, General Counsel

Kent Larson

56 2015 Executive Vice President, Group President Operations

Jeffrey Savage

44 2015 Senior Vice President, Controller

Judith Poferl

56 2015 Senior Vice President, Corporate Secretary and Executive Services

Timothy O'Connor

56 2013 Senior Vice President and Chief Nuclear Officer of Xcel Energy Services Inc.

Richard Davis

58 2012 Lead Independent Director

Gail Boudreaux

55 2012 Independent Director

Richard O'Brien

62 2012 Independent Director

Christopher Policinski

57 2009 Independent Director

James Prokopanko

62 2015 Independent Director

A. Patricia Sampson

67 1985 Independent Director

James Sheppard

67 2011 Independent Director

David Westerlund

65 2007 Independent Director

Kim Williams

60 2009 Independent Director

Timothy Wolf

62 2007 Independent Director

Paul Johnson

Vice President- Investor Relations

Biographies

Name Description

Benjamin Fowke

Mr. Benjamin G. S. Fowke, III, is Chairman of the Board, President, Chief Executive Officer of the Company. Before assuming his current responsibilities, he held a variety of executive positions at the Company, including President and Chief Operating Officer (August 2009 to August 2011), Executive Vice President (December 2008 to August 2009), Vice President (November 2002 to December 2008), CFO (October 2003 to August 2009), Treasurer (October 2003 to May 2004) and Vice President and CFO of Energy Markets (August 2000 to November 2002), where he was responsible for the financial operations of the Company’s commodities trading and marketing business unit. Prior to the 2000 merger of Northern States Power Co. and New Century Energies to form Xcel Energy Inc., he was a Vice President in the NCE Retail business unit. Mr. Fowke served ten years with NextEra Energy Inc., where he held various management positions. Mr. Fowke currently serves on the boards of a number of industry groups, including Energy Insurance Mutual, Nuclear Energy Institute, Electric Power Research Institute, Edison Electric Institute, and the Institute of Nuclear Power Operations. Mr. Fowke also serves on a number of educational and nonprofit boards in the communities that we serve.

Robert Frenzel

Mr. Robert C. (Bob) Frenzel has been appointed as Chief Financial Officer, Executive Vice President of the Company, effective May 3, 2016. Frenzel brings more than 17 years of experience in energy, banking and consulting and an additional six years of experience as an officer in the U.S. Navy. He most recently served as senior vice president and CFO for Luminant, an Energy Futures Holdings Inc. company and the largest generator of electricity in Texas. In that role he led strategic and financial planning, financial accounting, performance management, budgeting and capital allocation, and supply chain strategy and operations. Prior to joining EFH, Frenzel was a vice president at Goldman Sachs, focused on strategic and financial transactions within the energy and power industry, including corporate- and asset-level acquisitions and divestitures and significant capital-raising activities. Earlier in his career he was a consultant in the strategy, finance and economics practice at Arthur Andersen. Frenzel also served as a nuclear engineering officer and weapons officer in the United States Navy. He resigned from active duty in 1998 and remained in the Navy reserves where he was later promoted to lieutenant commander before resigning his commission in 2007. He holds a bachelor's degree in industrial engineering from Georgia Tech and a Master of Business Administration from the University of Chicago's Booth Graduate School of Business.

Christopher Clark

Mr. Christopher B. Clark is President and Director, NSP-Minnesota a subsidiary of the Company. Previously, Regional Vice President, Rates and Regulatory Affairs, NSP-Minnesota, October 2012 to December 2014; Managing Attorney and Director, Government and Regulatory Affairs, NSP-Minnesota, November 2007 to October 2012. Mr. Clark received his Bachelor of Arts degree in history and political science in 1988 from the University of Iowa and earned his law degree from Drake University in 1991.

David Eves

Mr. David L. Eves is President and Director of PSCo, a service Company of the Company. Previously he served as President, Director and Chief Operating Officer, PSCo, November 2009 to December 2009; President and Director, SPS, December 2006 to November 2009; Chief Executive Officer, SPS, August 2006 to November 2009; Vice President of Resource Planning and Acquisition, Xcel Energy Services Inc., November 2002 to July 2006; and Managing Director, Resource Planning and Acquisition, Xcel Energy Services Inc., August 2000 to November 2002.

David Hudson

Mr. David T. Hudson is President and Director of SPS a service Company of the Company. Mr. Hudson was President, Director and Chief Executive Officer, SPS, January 1, 2014 to present. Previously, Director, Community Service & Economic Development, SPS, April 2011 to January 2014; Director, Strategic Planning, SPS, May 2008 to April 2011; and Director, Regulatory Administration, SPS, August 2000 to May 2008; Director, Electric Retail/Wholesale Services, SPS, May 1997 to August 2000.

Mark Stoering

Mr. Mark E. Stoering is President, and Director of NSP-Wisconsin, a subsidiary Company of the Company. Previously, he was President, Director and Chief Executive Officer, NSP-Wisconsin, January 2012 to December 2014; Vice President, Portfolio Strategy and Business Development, Xcel Energy Services Inc., August 2000 to December 2011.

Marvin McDaniel

Mr. Marvin E. McDaniel, Jr., is Executive Vice President, Chief Administrative Officer, Group President - Utilities of the Company. Previously, he was Senior Vice President, Chief Administrative Officer, Xcel Energy Inc., August 2012 to December 2014; Senior Vice President and Chief Administrative Officer, Xcel Energy Services Inc., September 2011 to August 2012; Vice President and Chief Administrative Officer, Xcel Energy Services Inc., August 2009 to September 2011 and Vice President, Talent and Technology Business Areas, Xcel Energy Services Inc., August 2009 to September 2011.

Scott Wilensky

Mr. Scott M. Wilensky is Executive Vice President, General Counsel of the Company. Previously, he was Senior Vice President, General Counsel, Xcel Energy Inc., September 2011 to December 2014; Vice President, Regulatory and Resource Planning, Xcel Energy Services Inc., September 2009 to September 2011; Vice President, Government and Regulatory Affairs, Xcel Energy Services Inc., August 2008 to September 2009.

Kent Larson

Mr. Kent T. Larson is Executive Vice President and Group President Operations of the Company. Previously, he was Senior Vice President, Group President Operations, Xcel Energy Services Inc., August 2014 to December 2014; Senior Vice President Operations, Xcel Energy Services Inc., September 2011 to August 2014; Chief Energy Supply Officer, Xcel Energy Services Inc., March 2010 to September 2011; Vice President, Transmission, Xcel Energy Services Inc., August 2008 to March 2010.

Jeffrey Savage

Mr. Jeffrey S. Savage is Senior Vice President, Controller of the Company. Previously, he served as Vice President, Controller, Xcel Energy Inc., September 2011 to December 2014; Senior Director, Financial Reporting, Corporate and Technical Accounting, Xcel Energy Services Inc., December 2009 to September 2011.

Judith Poferl

Ms. Judith M. Poferl is Senior Vice President, Corporate Secretary and Executive Services of the Company. Previously, she was Vice President, Corporate Secretary, Xcel Energy Inc., May 2013 to December 2014; President, Director and Chief Executive Officer, NSP-Minnesota, August 2009 to May 2013; Regional Vice President, NSP-Minnesota, September 2008 to August 2009; Managing Director, Government and Regulatory Affairs, Xcel Energy Services Inc., November 2007 to September 2008.

Timothy O'Connor

Mr. Timothy O'Connor is Senior Vice President and Chief Nuclear Officer of Xcel Energy Services Inc., a service Company of the Company. Previously, he was Acting Chief Nuclear Officer, NSP-Minnesota, September 2012 to February 2013; Vice President, Engineering and Nuclear Regulatory Compliance and Licensing July 2012 to September 2012; Monticello Site Vice President in May 2007 to July 2012; Site Vice President and plant manager, Nine Mile Point Station, Constellation Energy, 2004 to May 2007; and corporate and site responsibilities at Public Service Enterprise Group, Hope and Salem plants, between the years of 1999 to 2004.

Richard Davis

Mr. Richard K. Davis is Lead Independent Director of the Company, since May 16, 2012. He has served as the Current Chairman, President and CEO of a multi-state financial holding company, providing experience with strategic, commercial and financial issues in a business of comparable size, and with extensive experience and knowledge of financial markets, which we need to access to support our corporate strategy.

Gail Boudreaux

Ms. Gail Koziara Boudreaux Is Independent Director of Xcel Energy Inc., effective March 1, 2012. Ms. Boudreaux has served as the Chief Executive Officer of UnitedHealthcare since January 2011 and also as the Executive Vice President of UnitedHealth Group since May 2008. Ms. Boudreaux previously served as President of UnitedHealthcare from May 2008 to January 2011. From 2005 to 2008, she served as the Executive Vice President, External Operations for Healthcare Services Corporation which is comprised of Blue Cross and Blue Shield Plans in IL, TX, NM, and OK. She has served as a director of several nonprofit, educational and healthcare organizations.

Richard O'Brien

Mr. Richard T. O'Brien is Independent Director of the Company, effective August 1, 2012. He began serving as President and CEO of Boart Longyear Limited, a global company headquartered in Salt Lake City, Utah, in April 2013. Boart Longyear is a provider of drilling services, drilling equipment, and performance tooling for mining and drilling companies globally. Mr. O’Brien previously served as CEO of Newmont Mining Corporation from September 2012 until February 2013, as its President and CEO from July 2007 to September 2012, and previously served as its President and CFO. Newmont Mining is among the world’s top gold companies and is headquartered in Denver, Colorado. Mr. O’Brien also serves on the board of Vulcan Materials Company, a producer of construction materials in the United States.

Christopher Policinski

Mr. Christopher J. Policinski is Independent Director of the Company. He has served as President and Chief Executive Officer of Land O’Lakes, Inc. since October 2005. Previously, he held senior leadership positions at Land O’Lakes, Inc. and The Pillsbury Company. Land O’Lakes, Inc., the thirdlargest cooperative in the United States, provides agricultural supplies and production and business services to member cooperatives and markets dairy-based food products for consumers, foodservice professionals and food manufacturers. Land O’Lakes employs approximately 9,000 people and does business in more than 50 countries and is headquartered in Minneapolis, Minnesota. Mr. Policinski also serves as a director of a number of nonprofit and educational institutions in the communities that the Company serve and of trade industry groups. He is Director of Land O’Lakes, Inc. (2005 to present); Hormel Foods Corporation (2012 to present). He is President and Chief Executive Officer of Land O’Lakes, Inc.

James Prokopanko

Mr. James T. Prokopanko is Independent Director of the Company. He most recently served as president and chief executive officer of Mosaic Co. headquartered in Plymouth. He retired earlier this month after nine years with the company and remains on Mosaic’s board. A 35-year veteran of the agriculture industry, Prokopanko also held leadership roles with Cargill Inc., including work in international operations. Prokopanko currently serves on the board of directors for Vulcan Materials Co. He is active in the community, including serving as a trustee for Minnesota Public Radio and on the board of overseers for the University of Minnesota’s Carlson School of Management. Prokopanko received bachelor’s degrees in science and commerce from the University of Manitoba and a Master of Business Administration from the University of Western Ontario.

A. Patricia Sampson

Ms. A. Patricia Sampson is Independent Director of the Company. Ms. Sampson is Chief Executive Officer, President and Owner of The Sampson Group, Inc. Ms. Sampson has served as the Chief Executive Officer, President and Owner of the Sampson Group, a management development and strategic planning business, headquartered in Minneapolis, Minnesota, since 1996. Ms. Sampson has served on the boards of a number of religious and philanthropic organizations. She formerly served as the Chief Executive Officer of the Minneapolis chapter of the American Red Cross.

James Sheppard

Mr. James J. Sheppard is Independent Director of the Company. Mr. Sheppard is Independent Consultant; Former Senior Vice President and Chief Nuclear Officer, Southern California Edison. Mr. Sheppard served as the Senior Vice President and Chief Nuclear Officer of Southern California Edison, an electric utility from September 2010 to December 2010. Prior to that position, Mr. Sheppard was Chairman, President and CEO of STP Nuclear Operating Company from 2003 to 2009. He is currently a self-employed independent consultant and held a similar position in 2010. From 1993 to 2009, Mr. Sheppard held several senior positions with the South Texas Project nuclear power plant, including Chairman, President and CEO from 2003 to 2009 of the STP Nuclear Operating Company, which operates the facility for its three owners.

David Westerlund

Mr. David A. Westerlund is Independent Director of the Company. He served as the Executive Vice President, Administration, and Corporate Secretary of Ball Corporation, headquartered in Broomfield, Colorado, a supplier of metal packaging for beverage, food and household products, and of aerospace and other technologies and services, from 2006 to 2011 and held a similar position from 2002 to 2006. Mr. Westerlund has also served on the boards of community and healthcare organizations. He is Retired Executive Vice President, Administration and Corporate Secretary of Ball Corporation.

Kim Williams

Ms. Kim Williams is Independent Director of the Company. She was a partner at Wellington Management Company, LLP, from 1995 until her retirement in 2005. Wellington Management manages investment of assets for institutional investors in over 40 countries, including public funds, central banks, insurance entities, endowments, foundations, mutual fund sponsors, retirement plan sponsors. Previously she held leadership positions at Loomis, Sayles & Co., Inc. and Imperial Chemical Industries (ICI) Pension Fund. Ms. Williams has also served as a director at a non-public investment firm providing capital and management oversight to emerging market microfinance institutions and as a director on a number of educational and nonprofit boards. She is Director of Weyerhaeuser Corporation (2006 to Present); E.W. Scripps Co. (2008 to Present).

Timothy Wolf

Mr. Timothy V. Wolf is Independent Director of the Company. He has served as the President of Wolf Interests, Inc. since June 2010. Mr. Wolf previously served as the Chief Integration Officer of MillerCoors Brewing Company LLC, from 2008 to June 2010. Mr. Wolf also has served as Vice President and Global Chief Financial Officer of Molson Coors Brewing Company from 2005 to 2008 and held a similar position with Coors Brewing Company from 1995 to 2005. Mr. Wolf has served as a director of several nonprofit and educational organizations. He is Director of Borders Group, Inc. (2009 to 2011). and President, Wolf Interests, Inc.

Paul Johnson