Xcel Energy

Who are Xcel Energy's decision-makers?

Xcel Energy's top decision-makers include Bob Frenzel, Brian Van Abel, Brett Carter, Tim O'Connor. Buying decisions depend on the business unit, operating asset, regulatory exposure, cybersecurity requirements, finance case, and procurement path.

CEO
Bob Frenzel
CFO/key exec
Brian Van Abel
Founded
1909
Employees
Approximately 12,000+
HQ
Minneapolis, MN
Status
Nasdaq: XEL
  • Bob FrenzelChairman, President and Chief Executive OfficerCEO since 2021Leads clean-energy strategy, affordability, and regulated utility execution.
  • Brian Van AbelExecutive Vice President and Chief Financial OfficerCFO since 2023Leads finance, investor relations, and capital planning.
  • Brett CarterExecutive Vice President and Group President, Utilities and Chief Customer OfficerUtility and customer leaderLeads utility operations and customer strategy.
  • Tim O'ConnorExecutive Vice President and Chief Operations OfficerOperations leaderImportant executive for operating reliability and field execution.

Who leads Xcel Energy?

Xcel Energy is led by Bob Frenzel as Chairman, President and Chief Executive Officer. The broader executive group includes finance, operations, legal, technology, segment, and utility or regional leaders who control priorities across Electric utility service, Natural gas utility service, Wind and solar generation, Transmission, Distribution.

Who actually makes buying decisions at Xcel Energy?

Large purchases usually need a business sponsor plus procurement, finance, legal, security, risk, and the relevant operations or asset leader. For grid, plant, route, water, gas, field, or customer systems, operational leadership and engineering can matter as much as corporate IT.

How is Xcel Energy organized as it scales?

Xcel Energy is organized around operating companies, regions, corporate functions, and asset-level teams. Sellers should map the budget owner first, then identify technical approvers, security reviewers, procurement process owners, and executives accountable for the metric the project improves.

As of June 2026.Sources:Xcel leadershipXcel investor relations

Xcel Energy — frequently asked questions

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