Xcel Energy Management
Management criteria checks 2/4
Xcel Energy's CEO is Bob Frenzel, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is $21.36M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth $8.05M. The average tenure of the management team and the board of directors is 2.2 years and 4.9 years respectively.
Key information
Bob Frenzel
Chief executive officer
US$21.4m
Total compensation
| CEO salary percentage | 6.1% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.2yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Why Xcel Energy Could Be A Bargain Despite Wildfire Risks
Apr 14Xcel Energy (NASDAQ:XEL) Has A Somewhat Strained Balance Sheet
Apr 01
Returns On Capital At Xcel Energy (NASDAQ:XEL) Have Hit The Brakes
Mar 16Xcel Energy: Time To Buy This Dependable Dividend Stock
Feb 01Unpleasant Surprises Could Be In Store For Xcel Energy Inc.'s (NASDAQ:XEL) Shares
Jan 08Is There An Opportunity With Xcel Energy Inc.'s (NASDAQ:XEL) 50% Undervaluation?
Dec 01Returns On Capital At Xcel Energy (NASDAQ:XEL) Have Hit The Brakes
Oct 21Here's Why Xcel Energy (NASDAQ:XEL) Is Weighed Down By Its Debt Load
Sep 18Xcel Energy (NASDAQ:XEL) Hasn't Managed To Accelerate Its Returns
Jul 14Here's Why Xcel Energy (NASDAQ:XEL) Has A Meaningful Debt Burden
Jun 15Are Investors Undervaluing Xcel Energy Inc. (NASDAQ:XEL) By 28%?
May 16Returns On Capital At Xcel Energy (NASDAQ:XEL) Have Stalled
Apr 14Is Xcel Energy (NASDAQ:XEL) A Risky Investment?
Mar 07Is Now The Time To Put Xcel Energy (NASDAQ:XEL) On Your Watchlist?
Feb 09Xcel Energy (NASDAQ:XEL) Might Be Having Difficulty Using Its Capital Effectively
Jan 12A Look At The Intrinsic Value Of Xcel Energy Inc. (NASDAQ:XEL)
Dec 31Is Xcel Energy (NASDAQ:XEL) Using Too Much Debt?
Dec 05Does Xcel Energy (NASDAQ:XEL) Deserve A Spot On Your Watchlist?
Nov 10Xcel Energy (NASDAQ:XEL) May Have Issues Allocating Its Capital
Oct 03Xcel Energy: Shelter In The Storm
Sep 05Here's Why Xcel Energy (NASDAQ:XEL) Has A Meaningful Debt Burden
Aug 18Xcel Energy declares $0.4875 dividend
Aug 17Xcel Energy Q2 2022 Earnings Preview
Jul 27Xcel Energy's (NASDAQ:XEL) Returns On Capital Not Reflecting Well On The Business
Jul 03Xcel Energy (NASDAQ:XEL) Will Pay A Larger Dividend Than Last Year At US$0.49
Jun 05Xcel Energy: A Utility That Has Both Value And Growth
May 27Xcel Energy (NASDAQ:XEL) Will Pay A Larger Dividend Than Last Year At US$0.49
May 22Xcel Energy: A Quality Dividend Growth Stock To Buy When It Corrects
May 20A Look At The Fair Value Of Xcel Energy Inc. (NASDAQ:XEL)
May 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD13.52M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
CEO
Bob Frenzel (52 yo)
4.1yrs
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 | 4.1yrs | US$21.36m | 0.026% $ 8.0m | |
| Executive VP | 4.1yrs | US$4.60m | 0.0092% $ 2.8m | |
| Executive VP & COO | 2.7yrs | US$4.16m | 0.0032% $ 970.1k | |
| Senior VP | 2.2yrs | US$2.49m | 0.00021% $ 64.5k | |
| Executive VP | less than a year | US$3.41m | 0.0049% $ 1.5m | |
| Senior VP & CTO | no data | no data | no data | |
| VP of Investor Relations & Treasurer | no data | no data | no data | |
| President of Minnesota | 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 | 2.1yrs | no data | no data | |
| Senior VP of System Strategy & Chief Planning Officer | 1.9yrs | no data | no data | |
| VP & Chief Security Officer | 4.3yrs | no data | no data |
2.2yrs
Average Tenure
50yo
Average Age
Experienced Management: XEL's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$21.36m | 0.026% $ 8.0m | |
| Independent Director | 3.7yrs | US$309.80k | 0.00067% $ 205.7k | |
| Independent Director | 7.1yrs | US$295.00k | 0.0015% $ 472.8k | |
| Independent Director | 11.7yrs | US$346.37k | 0.0021% $ 629.4k | |
| Independent Director | 8.7yrs | US$305.00k | 0.00018% $ 55.3k | |
| Independent Director | 14.3yrs | US$347.63k | 0.00036% $ 110.5k | |
| Lead Independent Director | 14.3yrs | US$318.13k | 0.0019% $ 568.0k | |
| Independent Director | 3.8yrs | US$351.25k | 0.0011% $ 353.1k | |
| Independent Director | 4.1yrs | US$291.04k | 0.00010% $ 30.7k | |
| Independent Director | 4.1yrs | US$316.15k | 0.00010% $ 30.7k | |
| Independent Director | 5.7yrs | US$315.25k | 0.00020% $ 61.4k | |
| Independent Director | 1.8yrs | US$327.25k | 0.0017% $ 512.7k |
4.9yrs
Average Tenure
64yo
Average Age
Experienced Board: XEL's board of directors are considered experienced (4.9 years average tenure).