XEL · Xcel Energy Inc

$79.17 +0.19 (+0.24%) At close · Aug 14

Market Cap

$49.45B

624.63M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Bob Frenzel	Chairman, President and CEO	$1,450,000	—	$11,244,160	—	$3,022,554	$81,877	$15,998,859
Brian Van Abel	EVP, Chief Financial Officer	$840,000	—	$2,402,223	—	$1,026,446	$52,719	$4,493,810
Amanda Rome	EVP, Group President, Utilities and Chief Customer Officer	$775,000	—	$1,942,199	—	$947,020	$49,486	$3,798,977
Tim O'Connor	Former EVP, Chief Operations Officer	$513,333	—	$1,737,781	—	$624,036	$29,753	$3,165,265
Michael Lamb	EVP, Chief Delivery Officer	$556,667	—	$1,154,347	—	$508,718	$46,464	$2,637,659
Ryan Long	EVP, Chief Legal and Compliance Officer	$556,458	—	$1,282,555	—	$646,920	$26,533	$2,562,733

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Bob Frenzel	Chairman, President and CEO	$1,400,000	—	$10,000,015	—	$1,244,600	$76,368	$12,932,063
Brian Van Abel	EVP, Chief Financial Officer	$800,000	—	$3,050,051	—	$431,800	$49,303	$4,557,821
Amanda Rome	EVP, Group President, Utilities and Chief Customer Officer	$700,000	—	$2,550,098	—	$355,600	$45,220	$3,740,288
Tim O'Connor	EVP, Chief Operations Officer	$800,000	—	$1,900,101	—	$431,800	$47,655	$3,457,942
Rob Berntsen	EVP, Chief Legal and Compliance Officer	$370,833	$100,000	$1,950,141	—	$176,930	$187,115	$2,785,019

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Bob Frenzel	Chairman, President and CEO	$1,300,000	—	$18,000,011	—	$1,811,160	$70,780	$21,357,168
Brian Van Abel	EVP, Chief Financial Officer	$750,000	$200,000	$2,600,017	—	$657,900	$43,301	$4,597,912
Brett Carter	Former EVP, Group President, Utilities and Chief Customer Officer	$675,000	—	$1,650,078	—	—	$1,929,834	$4,366,035
Tim O'Connor	EVP, Chief Operations Officer	$775,000	$100,000	$2,250,018	—	$679,830	$36,990	$4,158,309
Timothy O’Connor	EVP, Chief Operations Officer	$775,000	$100,000	$2,250,018	—	$679,830	$36,990	$4,158,309
Amanda Rome	EVP, Group President, Utilities and Chief Customer Officer	$656,250	$200,000	$1,900,049	—	$541,843	$46,891	$3,406,998
Patricia Correa	SVP, Chief Human Resources Officer	$500,000	$450,000	$1,025,054	—	$387,000	$87,444	$2,485,332

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Bob Frenzel	Chairman, President and CEO	$1,200,000	—	$7,000,062	—	$1,985,850	$63,593	$10,318,579
Timothy O’Connor	EVP, Chief Operations Officer	$750,000	—	$2,550,060	—	$843,986	$35,544	$4,285,186
Tim O'Connor	EVP, Chief Operations Officer	$750,000	—	$2,550,060	—	$843,986	$35,544	$4,285,186
Brian Van Abel	EVP, Chief Financial Officer	$700,000	—	$1,740,011	—	$741,384	$28,781	$3,210,176
Brett Carter	Former EVP, Group President, Utilities and Chief Customer Officer	$643,333	—	$1,961,501	—	$344,214	$42,091	$3,033,407
Amanda Rome	EVP, Group President, Utilities and Chief Customer Officer	$600,000	—	$1,553,689	—	$317,736	$10,910	$2,503,745

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ben Fowke	Former Chairman and CEO	$1,350,000	—	$9,000,016	—	$1,794,177	$129,781	$12,785,442
Bob Frenzel	Chairman, President and CEO	$931,424	—	$6,300,028	—	$992,149	$47,272	$8,350,364
Brian Van Abel	EVP, Chief Financial Officer	$650,000	—	$1,792,997	—	$231,392	$10,471	$2,928,262
Timothy O’Connor	EVP, Chief Operations Officer	$661,528	—	$1,550,079	—	$497,972	$34,317	$2,915,854
Brett Carter	Former EVP, Group President, Utilities and Chief Customer Officer	$580,000	—	$1,125,018	—	$440,475	$25,940	$2,224,950
Amanda Rome	EVP, Group President, Utilities and Chief Customer Officer	$570,000	—	$1,278,312	—	$202,913	$13,621	$2,104,178

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ben Fowke	Former Chairman and CEO	$1,350,000	—	$8,527,534	—	$2,440,874	$117,546	$16,805,589
Bob Frenzel	Chairman, President and CEO	$731,250	—	$2,200,084	—	$1,004,475	$39,881	$4,052,934
Robert Frenzel	President and Chief Operating Officer	$731,250	—	$2,200,084	—	$1,004,475	$39,881	$4,052,934
Kent Larson	Former Executive Vice President and Group President, Operations	$262,500	—	$1,250,033	—	—	$1,597,320	$3,621,511
Brian Van Abel	Executive Vice President, Chief Financial Officer	$525,000	—	$1,303,287	—	$288,787	$10,264	$2,515,411
Timothy O’Connor	Executive Vice President, Chief Operations Officer	$600,000	—	$1,100,042	—	$602,685	$36,965	$2,460,145
Brett Carter	Executive Vice President, Group President, Utilities and Chief Customer Officer	$565,000	—	$1,070,004	—	$605,364	$24,024	$2,324,165
Amanda Rome	Executive Vice President, Chief Legal and Compliance Officer	$416,667	—	$1,113,734	—	$234,378	$10,191	$1,801,297

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ben Fowke	Former Chairman and CEO	$1,350,000	—	$7,750,015	—	$2,836,254	$64,524	$16,898,798
Kent Larson	Former Executive Vice President and Group President, Operations	$620,000	—	$1,250,007	—	$751,487	$42,244	$3,219,671
Robert Frenzel	President and Chief Operating Officer	$650,000	—	$1,560,013	—	$787,849	$28,402	$3,103,984
Bob Frenzel	Chairman, President and CEO	$650,000	—	$1,560,013	—	$787,849	$28,402	$3,103,984
Brett Carter	Executive Vice President, Group President, Utilities and Chief Customer Officer	$550,000	$250,000	$1,260,031	—	$466,649	$24,187	$2,605,008
Scott Wilensky	Executive Vice President, General Counsel	$575,000	—	$1,050,039	—	$650,480	$27,461	$2,429,083

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ben Fowke	Chairman and CEO	$1,250,000	—	$7,125,029	—	$2,883,400	$59,124	$12,147,768
Brett Carter	Executive Vice President, Chief Customer and Innovation Officer	$325,758	$250,000	$2,945,720	—	$434,728	$220,584	$4,189,423
Robert Frenzel	President and Chief Operating Officer	$650,000	—	$1,954,029	—	$432,510	$27,111	$3,117,931
Kent Larson	Former Executive Vice President and Group President, Operations	$600,000	—	$1,250,040	—	$798,480	$26,846	$2,724,347
Scott Wilensky	Executive Vice President, General Counsel	$540,000	—	$1,000,042	—	$622,814	$25,481	$2,242,186

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ben Fowke	Chairman and CEO ^^	$1,250,000	—	$6,500,012	—	$2,016,563	$54,902	$12,676,399
Kent Larson	Executive Vice President and Group President, Operations ^^	$575,000	—	$1,250,040	—	$656,571	$25,742	$2,781,474
Robert Frenzel	President and Chief Operating Officer^^ ^^	$625,000	—	$1,698,003	—	$352,485	$26,037	$2,753,559
Scott Wilensky	Executive Vice President, General Counsel	$520,000	—	$925,039	—	$436,223	$20,530	$2,020,439

Executive changes

Person	Role	Change	Effective	Filed
Peter Carter	Director	Appointed	2026-07-29	2026-07-29
Maria Demaree	Director	Appointed	2025-12-17	2025-12-17
Ryan Long	Executive Vice President, Chief Legal and Compliance Officer	Appointed	2025-06-16	2025-06-16
Scott Sharp	Executive Vice President, Chief Generation Officer	Appointed	2025-05-01	2025-03-03
Michael Lamb	Executive Vice President, Chief Delivery Officer	Appointed	2025-05-01	2025-03-03
Timothy O'Connor	Executive Vice President, Chief Operations Officer	Retired	2025-05-01	2025-03-03
Devin Stockfish	Director	Appointed	2025-01-23	2025-01-23
Brett Carter	Executive Vice President and Group President, Utilities and Chief Customer Officer	Resigned	2023-10-01	2023-10-02
Amanda Rome	Executive Vice President and Group President, Utilities and Chief Customer Officer	Appointed	2023-10-01	2023-10-02
Timothy Welsh	Board of Directors	Appointed	2023-08-23	2023-08-23
Timothy A. Welsh	Director	Appointed	2023-08-23	2023-08-23
Megan D. Burkhart	Director	Appointed	2022-06-22	2022-06-22

Key facts CIK 72903 CUSIP 98389B100 13F (30d) 1127 filings 1091 filers Visit website Investor relations