Xcel Energy Inc.
Xcel Energy Elects Devin Stockfish to Board of Directors
Summary
On January 20, 2025, Xcel Energy Inc.'s Board of Directors elected Devin Stockfish to serve on the Board, effective January 23, 2025. Stockfish, the President and CEO of Weyerhaeuser Company, will also serve on the Board's Finance Committee and Operations, Nuclear, Environmental and Safety Committee. His compensation will be consistent with other non-employee directors, as disclosed in the Summary of Non-Employee Director Compensation. The Board increased its number from 13 to 14 directors in accordance with Xcel Energy's Bylaws.
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About Xcel Energy Inc.
Xcel Energy Inc. is a prominent utility company engaged in the generation, transmission, and distribution of electricity and natural gas. Primarily serving customers across eight states in the U.S., including the regions of the Midwest and Rocky Mountain areas, Xcel Energy plays a vital role in supplying energy to millions of residential, commercial, and industrial consumers. With a focus on sustainability and renewable energy, the company is actively expanding its renewable energy portfolio, investing in wind and solar power projects to reduce carbon emissions and promote cleaner energy solutions. Xcel Energy's operations are crucial for powering essential infrastructure and supporting economic activity in its service areas, making it a key player in the energy sector. Its commitment to innovation in energy production and distribution not only meets current demand but also gears towards future energy challenges in an evolving market landscape.
Official SEC Documents
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