Sign in

    Robert C. Frenzel

    Chairman of the Board, President, and CEO at XEL
    Board
    Since December 31, 2021
    Age
    54 years
    Tenure
    Joined Xcel Energy in May 2016 as Executive Vice President and CFO, then served as President and COO, became CEO in August 2021, and was promoted to Chairman of the Board on December 31, 2021.

    Also at XEL

    AR
    Amanda Rome
    EVP, Group President, Utilities & CCO
    BJVA
    Brian J. Van Abel
    EVP and CFO
    PC
    Patricia Correa
    SVP and Chief Human Resources Officer

    About

    Robert C. Frenzel has built a distinguished career in the energy and finance sectors, beginning with his early leadership roles at Goldman Sachs and subsequent executive positions at Energy Future Holdings Corporation and its subsidiary, Luminant. His professional journey is marked by a series of promotions at Xcel Energy, where he first joined as Executive Vice President and CFO in May 2016, later advancing to President and Chief Operating Officer, then to President and CEO, and finally to Chairman of the Board on December 31, 2021.

    In addition to his impressive corporate roles, he has demonstrated a commitment to community service as a director for various nonprofit organizations. This blend of financial expertise and strategic leadership has been pivotal in guiding the organization through its clean energy transition and continued growth in a competitive industry.

    Before his corporate career, he served in the United States Navy as a nuclear engineering officer and weapons officer, earning a promotion to Lieutenant Commander in the Navy Reserve after his active duty service. His military background complements his professional achievements, underscoring a career defined by discipline, strategic acumen, and a strong dedication to public service.

    $XEL Performance Under Robert C. Frenzel

    Past Roles

    OrganizationRoleDate RangeDetails
    Xcel Energy Inc. President and Chief Operating Officer March 2020 – August 2021 Previous role before appointment as Chairman, President, and CEO
    Xcel Energy Inc. Executive Vice President and Chief Financial Officer 2016 – March 2020 Previous role at XEL
    Luminant Senior Vice President and Chief Financial Officer 2012 – 2016 Energy Future Holdings filed for bankruptcy in 2014 and emerged from bankruptcy in 2016
    Luminant Senior Vice President for Corporate Development, Strategy, and Mergers and Acquisitions 2009 – 2012 N/A
    Goldman Sachs Vice President, Investment Banking Division 2002 – 2009 N/A
    United States Navy Nuclear Engineering Officer & Weapons Officer; later Lieutenant Commander in the Navy Reserve N/A Served for six years on active duty

    External Roles

    OrganizationRoleDate Range
    Patterson Companies, Inc. Director on the Board Since 2018