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Xcel Energy Announces Investor Relations Leadership Transition

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Xcel Energy (XEL) has announced a leadership change in its Investor Relations department. Roopesh Aggarwal has been appointed as vice president of Investor Relations, replacing Paul Johnson, who is retiring after more than 40 years with the company.

Aggarwal, who joined Xcel Energy in 2019 as senior director of Business Innovation and became senior director of Investor Relations in 2022, brings experience from various finance, strategy, and corporate development roles at Summit Utilities, DTE Energy, Ford Motor Co., and private equity firms. He currently oversees the company's quarterly earnings calls, investor presentations, and shareholder services.

Johnson will remain in an advisory role through the completion of annual financial reporting and depart after the first quarter.

Xcel Energy (XEL) ha annunciato un cambiamento nella leadership del suo dipartimento delle Relazioni con gli Investitori. Roopesh Aggarwal è stato nominato vicepresidente delle Relazioni con gli Investitori, sostituendo Paul Johnson, che va in pensione dopo oltre 40 anni con l'azienda.

Aggarwal, che si è unito a Xcel Energy nel 2019 come direttore senior dell'Innovazione Aziendale e è diventato direttore senior delle Relazioni con gli Investitori nel 2022, porta con sé esperienza in vari ruoli nel settore finanziario, strategico e di sviluppo aziendale presso Summit Utilities, DTE Energy, Ford Motor Co., e in società di capitale privato. Attualmente supervisiona le chiamate trimestrali sugli utili, le presentazioni agli investitori e i servizi agli azionisti dell'azienda.

Johnson rimarrà in un ruolo di consulenza fino al completamento della rendicontazione finanziaria annuale e lascerà dopo il primo trimestre.

Xcel Energy (XEL) ha anunciado un cambio de liderazgo en su departamento de Relaciones con Inversores. Roopesh Aggarwal ha sido nombrado vicepresidente de Relaciones con Inversores, reemplazando a Paul Johnson, quien se retira después de más de 40 años en la empresa.

Aggarwal, quien se unió a Xcel Energy en 2019 como director senior de Innovación Empresarial y se convirtió en director senior de Relaciones con Inversores en 2022, aporta experiencia de varios roles en finanzas, estrategia y desarrollo corporativo en Summit Utilities, DTE Energy, Ford Motor Co. y firmas de capital privado. Actualmente supervisa las llamadas trimestrales de ganancias, las presentaciones para inversores y los servicios a accionistas de la empresa.

Johnson permanecerá en un rol de asesoría hasta completar el informe financiero anual y partirá después del primer trimestre.

Xcel Energy (XEL)는 투자자 관계 부서의 리더십 변경을 발표했습니다. Roopesh Aggarwal가 투자자 관계 부사장으로 임명되어, 40년 이상 회사에 근무한 Paul Johnson를 대체하게 됩니다.

Aggarwal는 2019년에 Xcel Energy에 비즈니스 혁신 수석 이사로 합류하였고, 2022년에는 투자자 관계 수석 이사가 되었습니다. 그는 Summit Utilities, DTE Energy, Ford Motor Co. 및 사모펀드에서 다양한 금융, 전략 및 기업 개발 역할을 수행한 경험을 가지고 있습니다. 현재 그는 회사의 분기별 실적 발표, 투자자 발표 및 주주 서비스를 감독하고 있습니다.

Johnson은 연간 재무 보고를 완료할 때까지 자문 역할을 계속하며, 첫 분기 이후 퇴사할 예정입니다.

Xcel Energy (XEL) a annoncé un changement de direction au sein de son département des Relations avec les Investisseurs. Roopesh Aggarwal a été nommé vice-président des Relations avec les Investisseurs, remplaçant Paul Johnson, qui prend sa retraite après plus de 40 ans au sein de l'entreprise.

Aggarwal, qui a rejoint Xcel Energy en 2019 en tant que directeur senior de l'Innovation Commerciale et est devenu directeur senior des Relations avec les Investisseurs en 2022, apporte une expérience diversifiée issue de divers rôles dans les domaines de la finance, de la stratégie et du développement d'entreprise chez Summit Utilities, DTE Energy, Ford Motor Co., ainsi que dans des sociétés de capital-investissement. Il supervise actuellement les appels trimestriels concernant les bénéfices, les présentations aux investisseurs et les services aux actionnaires de l'entreprise.

Johnson restera dans un rôle de conseiller jusqu'à l'achèvement des rapports financiers annuels et quittera ses fonctions après le premier trimestre.

Xcel Energy (XEL) hat einen Wechsel in der Führung seines Investor-Relations-Teams angekündigt. Roopesh Aggarwal wurde zum Vizepräsidenten für Investor Relations ernannt und ersetzt Paul Johnson, der nach über 40 Jahren im Unternehmen in den Ruhestand geht.

Aggarwal, der 2019 als Senior Director für Geschäftsentwicklung zu Xcel Energy kam und 2022 Senior Director für Investor Relations wurde, bringt Erfahrung aus verschiedenen Finanz-, Strategie- und Unternehmensentwicklungspositionen bei Summit Utilities, DTE Energy, Ford Motor Co. und Private-Equity-Firmen mit. Derzeit überwacht er die vierteljährlichen Gewinnaufrufe, Investorenpräsentationen und Aktionärsdienste des Unternehmens.

Johnson wird bis zum Abschluss des jährlichen Finanzberichts in einer beratenden Funktion bleiben und nach dem ersten Quartal ausscheiden.

Positive
  • Smooth leadership transition with internal promotion ensures continuity
  • New IR leader brings diverse experience from major companies
  • Retiring executive remains through Q1 to ensure proper transition
Negative
  • Loss of 40-year veteran executive with established investor relationships

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy today announced that Roopesh Aggarwal has been named vice president of Investor Relations, succeeding Paul Johnson, who is retiring from the company after more than 40 years of service, most recently as vice president, Treasury and Investor Relations.

“Strong, trusted relationships with the investment community are critical to achieving our strategic priorities and capital growth plans,” said Brian Van Abel, executive vice president and Chief Financial Officer. “Paul is recognized across our industry for his longstanding connections with our investors, analysts, credit rating agencies and other external and internal stakeholders. At the same time, we have been mindful to build a pipeline of talent and succession plans to ensure continuity when changes do occur.”

Aggarwal joined Xcel Energy in 2019 as senior director, Business Innovation, and was named senior director, Investor Relations in 2022. He has well-established relationships in the financial community, overseeing the company’s quarterly earnings calls, investor presentations and shareholder services. Aggarwal’s career spans finance, strategy and corporate development roles at Summit Utilities, DTE Energy, Ford Motor Co. and several private equity and consulting firms.

Johnson will work in an advisory role as the company closes out its annual financial reporting and depart after the first quarter.

“Congratulations to Roopesh as he takes on his new leadership role and thank you to Paul for his decades of service to our investors, employees, customers and communities,” Van Abel said.

For more information about the company’s financial and operational performance, visit our Investor Relations website.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on X and Facebook.

Xcel Energy Media Relations

414 Nicollet Mall, 401-7

Minneapolis, MN 55401

(612) 215-5300

www.xcelenergy.com

Source: Xcel Energy

FAQ

Who is the new VP of Investor Relations at Xcel Energy (XEL)?

Roopesh Aggarwal has been named the new vice president of Investor Relations at Xcel Energy.

When will Paul Johnson retire from Xcel Energy (XEL)?

Paul Johnson will depart after the first quarter, following the completion of annual financial reporting.

What is Roopesh Aggarwal's background before joining XEL?

Aggarwal has worked in finance, strategy, and corporate development roles at Summit Utilities, DTE Energy, Ford Motor Co., and various private equity and consulting firms.

When did Roopesh Aggarwal join Xcel Energy (XEL)?

Aggarwal joined Xcel Energy in 2019 as senior director of Business Innovation and became senior director of Investor Relations in 2022.

How long did Paul Johnson work at Xcel Energy (XEL)?

Paul Johnson worked at Xcel Energy for more than 40 years, most recently serving as vice president of Treasury and Investor Relations.

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