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Xcel Energy Announces Leadership Changes

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Xcel Energy (NASDAQ: XEL) has announced significant leadership changes to enhance its commitment to clean energy transition. Alice Jackson is appointed as senior vice president, System Strategy and chief planning officer, overseeing a new planning organization aimed at achieving net-zero energy by 2050. Robert Kenney will replace Jackson as president of Colorado operations, while Adrian Rodriguez will lead Texas and New Mexico operations. These changes aim to position Xcel for success amidst evolving energy needs.

Positive
  • Alice Jackson's promotion is expected to strengthen strategic planning for net-zero goals.
  • New leadership is likely to enhance regulatory and stakeholder engagement.
Negative
  • Concerns may arise regarding continuity and experience gaps due to leadership changes.

Building the grid of the future is a top priority

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy announced several key leadership changes designed to advance the company’s groundbreaking commitment to lead the company’s clean energy transition. Transforming the grid to meet evolving energy needs is a key priority for the company.

Alice Jackson, current president of Xcel Energy – Colorado, has been appointed to senior vice president, System Strategy and chief planning officer, leading a new enterprise-wide System Planning organization. (Photo: Business Wire)

Alice Jackson, current president of Xcel EnergyColorado, has been appointed to senior vice president, System Strategy and chief planning officer, leading a new enterprise-wide System Planning organization. (Photo: Business Wire)

Alice Jackson, current president of Xcel EnergyColorado, is appointed to senior vice president, System Strategy and chief planning officer, leading a new enterprise-wide System Planning organization. It will focus on developing integrated plans for generation, transmission and distribution on the electric and natural gas systems to meet our vision to deliver net-zero energy by 2050 while preserving reliability and affordability for customers.

“This innovative approach to strategic planning is transformative for our industry and Alice is the perfect person to lead the charge as a proven business leader who has engaged employees, communities and stakeholders to deliver on our nation leading clean energy vision,” said Bob Frenzel, chairman, president and CEO of Xcel Energy.

The company is also announcing new presidents for both our Colorado and TexasNew Mexico operating companies.

Robert Kenney will succeed Alice Jackson as the new president of Xcel EnergyColorado. Kenney currently serves as senior vice president of Regulatory and External Affairs for PG&E, leading the company’s regulatory strategy and execution with California’s Public Utilities Commission and the Federal Energy Regulatory Commission. He’s also responsible for the company’s governmental affairs and community relations efforts, including oversight of PG&E’s charitable giving and corporate foundation. Prior to PG&E, Kenney was the chair of the Missouri Public Service Commission.

Adrian Rodriguez has been elected to the role of president for Xcel EnergyTexas and New Mexico as David Hudson retires. He currently serves as the senior vice president of Regulatory and Strategy at Puget Sound Energy (PSE), leading the company’s clean energy strategy including regulatory and governmental affairs. Prior to PSE, Rodriguez was General Counsel and interim-CEO of El Paso Electric.

“We’re so fortunate to have such outstanding talent joining our already robust leadership team," said Brett Carter, executive vice president, group president - Utilities and chief customer officer. "These changes position us for great success in the regulatory and stakeholder arenas as we grow our business to meet customers’ evolving energy needs.”

Rodriguez will join Xcel Energy June 1, with current Xcel EnergyTexas and New Mexico President David Hudson officially retiring July 1. Kenney will join Xcel Energy and assume his new role on June 6.

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 Twitter and Facebook.

Xcel Energy Media Relations

(612) 215-5300

www.xcelenergy.com

Source: Xcel Energy

FAQ

What leadership changes were announced by Xcel Energy?

Xcel Energy announced the appointment of Alice Jackson as senior vice president, System Strategy and chief planning officer. Robert Kenney will become the new president of Colorado operations, and Adrian Rodriguez will lead Texas and New Mexico operations.

When will the new presidents at Xcel Energy take their roles?

Adrian Rodriguez will join Xcel Energy on June 1, and Robert Kenney will assume his new role on June 6.

What is the significance of these leadership changes for Xcel Energy?

These changes are aimed at enhancing Xcel Energy's commitment to its clean energy transition and improving strategic planning to meet evolving energy needs.

Xcel Energy, Inc.

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