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Form 8-K · Current Report · Filed 2025-01-23

Xcel Energy Elects Devin Stockfish to Board of Directors

On January 20, 2025, Xcel Energy Inc.'s Board of Directors elected Devin Stockfish to serve on the Board, effective January 23, 2025.

Filer
Xcel Energy Inc. XEL · NASDAQ
Filed
Accession
0000072903-25-000017
CIK
0000072903
Signal
Medium impactUtilities

Details

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.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed

Market reaction

Close before filing

$66.98

Next session

-0.6%

Since filing

+16.8%

Latest close

$78.20

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from XEL reporting the same item, with the next session's move:

Exhibits (2)

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.

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