Xcel Energy Management
Management criteria checks 2/4
Xcel Energy's CEO is Bob Frenzel, appointed in Mar 2020, has a tenure of 4.67 years. total yearly compensation is $21.36M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth R$63.06M. The average tenure of the management team and the board of directors is 2.8 years and 5.5 years respectively.
Key information
Bob Frenzel
Chief executive officer
US$21.4m
Total compensation
| CEO salary percentage | 6.1% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$21m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$10m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$8m | US$931k | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$4m | US$731k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$3m | US$650k | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$3m | US$650k | US$1b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$3m | US$625k | US$1b |
Compensation vs Market: Bob's total compensation ($USD21.36M) is above average for companies of similar size in the BR market ($USD5.72M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
CEO
Bob Frenzel (53 yo)
4.7yrs
Tenure
US$21,357,168
Compensation
Mr. Robert C. Frenzel, also known as Bob, is President, Chief Executive Officer & Chairman of Xcel Energy Inc. from December 31, 2021. He joined the Xcel Energy Inc. on May 03, 2016. He was President, CEO...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.7yrs | US$21.36m | 0.025% R$ 63.1m | |
| Executive VP | 4.7yrs | US$4.60m | 0.0089% R$ 22.2m | |
| Executive VP & COO | 3.3yrs | US$4.16m | 0.000070% R$ 174.1k | |
| Senior VP | 2.8yrs | US$2.49m | 0.00020% R$ 497.4k | |
| Executive VP | 1.1yrs | US$3.41m | 0.0047% R$ 11.7m | |
| Senior VP & CTO | no data | no data | no data | |
| VP of Treasury & Investor Relations | no data | no data | no data | |
| Executive VP and Chief Legal & Compliance Officer | less than a year | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Senior VP and Chief Audit & Financial Services Officer | 2.7yrs | no data | no data | |
| Senior VP of System Strategy & Chief Planning Officer | 2.5yrs | no data | no data | |
| VP & Chief Security Officer | 4.8yrs | no data | no data |
2.8yrs
Average Tenure
51yo
Average Age
Experienced Management: X1EL34's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | US$21.36m | 0.025% R$ 63.1m | |
| Independent Director | 4.3yrs | US$309.80k | 0.0011% R$ 2.8m | |
| Independent Director | 7.7yrs | US$295.00k | 0.0015% R$ 3.7m | |
| Independent Director | 12.3yrs | US$346.37k | 0.0020% R$ 4.9m | |
| Independent Director | 9.3yrs | US$305.00k | 0.00017% R$ 422.7k | |
| Independent Director | 14.9yrs | US$347.63k | 0.00035% R$ 870.4k | |
| Lead Independent Director | 14.9yrs | US$318.13k | 0.0018% R$ 4.5m | |
| Independent Director | 4.4yrs | US$351.25k | 0.0016% R$ 3.9m | |
| Independent Director | 4.7yrs | US$291.04k | 0.000090% R$ 223.8k | |
| Independent Director | 4.7yrs | US$316.15k | 0.00010% R$ 248.7k | |
| Independent Director | 6.3yrs | US$315.25k | 0.00020% R$ 497.4k | |
| Independent Director | 2.4yrs | US$327.25k | no data |
5.5yrs
Average Tenure
65yo
Average Age
Experienced Board: X1EL34's board of directors are considered experienced (5.5 years average tenure).