Western U.S. utility Xcel Energy enters new era of leadership
COO Bob Frenzel succeeds Ben Fowke, who has led the company for 10 years. Fowke remains executive chairman of the board of directors of Xcel.
“I am honored and honored today to take the leadership of Xcel Energy,” Frenzel said late last week. “It has been a privilege to work alongside Ben over the past five years. I am grateful for his leadership, vision and careful management of this great company. It’s an exciting time to be in the energy business, and I look forward to heading into the future with a focus on our strategic priorities, including being an agile and innovative company and our commitment to improve. customer experience. “
Xcel Energy supplies electricity to customers in eight states, including Colorado, Minnesota, Wisconsin, Michigan, Texas and South Dakota. Frenzel joined the company as CFO in 2016, then was promoted to Business Director and President last year, overseeing Xcel’s four operating companies, transmission, distribution and natural gas operations.
“Bob is an exceptional leader, and I am confident he will champion Xcel Energy’s strategic priorities, including leading the clean energy transition and improving the customer experience while keeping customer bills on track. a low level, ”Fowke said.
As Executive Chairman of Xcel Energy, Fowke will focus on national energy policy and continue to work closely with Frenzel.
Tim O’Connor has been Executive Vice President and Chief Production Officer of Xcel Energy since 2020, and now holds the position of Chief Operating Officer where he will oversee nuclear generation, power supply, supply chain, operations commercial, distribution, transmission and the natural environment of the company. gas company.