Profitelligence Profitelligence · Filing Ledger Open XEL research →

Form 8-K · Current Report · Filed 2025-03-03

Xcel Energy Announces Leadership Changes

On February 25, 2025, Xcel Energy Inc. announced that Timothy O'Connor, Executive Vice President and Chief Operations Officer, will retire on May 1, 2025. Effective the same date, Michael Lamb will assume the role of Executive Vice President, Chief Delivery Officer, and Scott Sharp will take on the role of Executive Vice President, Chief Generation Officer. Mr. O'Connor will continue to provide transition services until August 21, 2025.

Filer
Xcel Energy Inc. XEL · NASDAQ
Filed
Accession
0000072903-25-000050
CIK
0000072903
Signal
Medium impactUtilities

Items reported

Item 5.02

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

COO Resignation New COO Appointed

Market reaction

Close before filing

$72.10

Next session

-2.9%

Since filing

+8.5%

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 (1)

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.

Exchange NASDAQ Industry Utilities - Regulated Electric Company website ↗

Never miss another XEL filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts