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Form 8-K · Current Report · Filed 2025-06-16

Xcel Energy Promotes Ryan Long to Chief Legal and Compliance Officer Following Rob Berntsen's Departure

On June 13, 2025, Rob Berntsen, Executive Vice President and Chief Legal and Compliance Officer at Xcel Energy Inc., announced his departure effective immediately to pursue another opportunity.

Filer
Xcel Energy Inc. XEL · NASDAQ
Filed
Accession
0000072903-25-000153
CIK
0000072903
Signal
High impactUtilities

Details

Ryan Long has been promoted to Executive Vice President and Chief Legal and Compliance Officer, effective June 16, 2025. Long, who has been serving as President of Northern States Power Company since January 2024, will continue in this role while an internal and external search for the next NSPM President is conducted. Long has held various legal positions at Xcel Energy since 2015 and previously worked as a lawyer for Faegre Baker Daniels and Cravath, Swaine & Moore.

Items reported

Item 5.02

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

Executive Compensation Detail CEO Resignation
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$67.62

Next session

-2.9%

Since filing

+15.6%

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.

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