Xcel Energy Names Todd Wehner as Treasurer
Xcel Energy has appointed Todd Wehner as the company's new treasurer and vice president. Wehner, who previously served as assistant treasurer at CMS Energy, brings extensive experience in treasury, utility operations, and capital markets. In his new role, he will manage Xcel Energy's funding for capital investments, cash functions, insurance processes, and investment activities.
Wehner's appointment is expected to benefit customers by ensuring cost-effective capital raising for grid and energy investments. His background includes roles at Morgan Stanley and Barclays, focusing on global utilities and chemicals industries. Wehner, whose father was a career lineworker, views his new position as an opportunity to contribute to Xcel Energy's clean energy transition efforts across multiple operating companies and states.
Xcel Energy ha nominato Todd Wehner nuovo tesoriere e vicepresidente dell'azienda. Wehner, che in precedenza ha ricoperto il ruolo di tesoriere assistente presso CMS Energy, porta con sé una vasta esperienza in tesoreria, operazioni di pubblica utilità e mercati dei capitali. Nel suo nuovo ruolo, gestirà il finanziamento degli investimenti in capitale, le funzioni di cassa, i processi assicurativi e le attività di investimento di Xcel Energy.
Si prevede che la nomina di Wehner porti benefici ai clienti garantendo un'implementazione di capitale conveniente per investimenti nella rete e nell'energia. La sua esperienza include ruoli presso Morgan Stanley e Barclays, con un focus sulle industrie globali delle pubbliche utilità e della chimica. Wehner, il cui padre era un lavoratore di linea di carriera, considera la sua nuova posizione come un'opportunità per contribuire agli sforzi di transizione verso l'energia pulita di Xcel Energy attraverso diverse aziende operative e stati.
Xcel Energy ha nombrado a Todd Wehner como nuevo tesorero y vicepresidente de la empresa. Wehner, quien anteriormente se desempeñó como tesorero asistente en CMS Energy, aporta una amplia experiencia en tesorería, operaciones de servicios públicos y mercados de capitales. En su nuevo cargo, gestionará la financiación de Xcel Energy para inversiones de capital, funciones de efectivo, procesos de seguros y actividades de inversión.
Se espera que el nombramiento de Wehner beneficie a los clientes al garantizar un levantamiento de capital rentable para inversiones en la red y en energía. Su experiencia incluye roles en Morgan Stanley y Barclays, enfocados en las industrias globales de servicios públicos y químicos. Wehner, cuyo padre fue un trabajador de línea durante toda su carrera, ve su nueva posición como una oportunidad para contribuir a los esfuerzos de transición de energía limpia de Xcel Energy a través de múltiples empresas operativas y estados.
Xcel Energy는 Todd Wehner를 회사의 새로운 재무담당 부사장으로 임명했습니다. Wehner는 이전에 CMS Energy에서 부재무담당자로 근무했으며 재무, 유틸리티 운영 및 자본 시장에 대한 광범위한 경험을 보유하고 있습니다. 그의 새로운 역할에서 그는 Xcel Energy의 자본 투자, 현금 기능, 보험 프로세스 및 투자 활동을 위해 자금을 관리할 것입니다.
Wehner의 임명은 그리드 및 에너지 투자에 대한 비용 효율적인 자본 조달을 보장함으로써 고객에게 혜택을 줄 것으로 예상됩니다. 그의 배경에는 Morgan Stanley와 Barclays에서의 역할이 포함되어 있으며, 세계 유틸리티 및 화학 산업에 중점을 두고 있습니다. Wehner는 아버지가 평생 전선 노동자로 일한 덕분에 그의 새로운 직위를 Xcel Energy의 여러 운영 회사 및 주에서의 청정 에너지 전환 노력에 기여할 수 있는 기회로 보고 있습니다.
Xcel Energy a nommé Todd Wehner au poste de nouveau trésorier et vice-président de l'entreprise. Wehner, qui a précédemment occupé le poste de trésorier adjoint chez CMS Energy, apporte une vaste expérience en trésorerie, opérations de services publics et marchés des capitaux. Dans son nouveau rôle, il gérera le financement des investissements en capital, les fonctions de trésorerie, les processus d'assurance et les activités d'investissement de Xcel Energy.
La nomination de Wehner est censée bénéficier aux clients en garantissant un financement rentable pour les investissements dans le réseau et l'énergie. Son expérience inclut des rôles chez Morgan Stanley et Barclays, axés sur les industries mondiales des services publics et de la chimie. Wehner, dont le père était ouvrier de ligne de carrière, considère son nouveau poste comme une occasion de contribuer aux efforts de transition énergétique propre de Xcel Energy dans plusieurs entreprises opérationnelles et États.
Xcel Energy hat Todd Wehner zum neuen Schatzmeister und Vizepräsidenten des Unternehmens ernannt. Wehner, der zuvor als stellvertretender Schatzmeister bei CMS Energy tätig war, bringt umfassende Erfahrung in den Bereichen Schatzamt, Versorgungsbetriebe und Kapitalmärkte mit. In seiner neuen Rolle wird er die Finanzierung von Kapitalinvestitionen, Kassenfunktionen, Versicherungsprozessen und Investitionstätigkeiten von Xcel Energy leiten.
Wehners Ernennung soll den Kunden zugutekommen, indem sie eine kosteneffiziente Kapitalbeschaffung für Investitionen in das Stromnetz und die Energie sicherstellt. Sein beruflicher Hintergrund umfasst Positionen bei Morgan Stanley und Barclays, wobei der Fokus auf globalen Versorgungsunternehmen und der Chemieindustrie liegt. Wehner, dessen Vater ein Lebenslangarbeiter im Bereich der Versorgungsunternehmen war, sieht seine neue Position als Chance, zur sauberen Energiewende von Xcel Energy in mehreren Betriebsgesellschaften und Bundesstaaten beizutragen.
- Appointment of experienced financial leader Todd Wehner as treasurer and vice president
- Wehner's expertise in treasury, utility operations, and capital markets
- Potential for cost-effective capital raising to benefit customers with lower energy costs
- Wehner's alignment with Xcel Energy's clean energy transition goals
- None.
“Todd is a proven financial leader who has demonstrated an ability to identify opportunities, develop strategies and deliver results,” said Bob Frenzel, Xcel Energy’s chairman, president and CEO. “His extensive treasury and utility experience, as well as previous experience in strategic management and capital markets, will serve Xcel Energy’s customers well.”
In his role, Wehner will ensure Xcel Energy’s financial stability and success by managing the funding of the company’s capital investment, as well as managing the cash function, insurance process, investment activities, capital structure and providing support in regulatory proceedings. The company’s ability to cost-effectively raise capital for its grid and energy investments will benefit its customers with long-term, lower cost energy.
“Xcel Energy is at the forefront of leading a clean energy transition, and I see an exciting opportunity to work within the complexity of its multiple operating companies across diverse states,” Wehner said. “My father was a career lineworker who strove to deliver electricity to customers despite inclement weather and adverse operating conditions. I have always seen a career in the utility sector as a noble undertaking that serves our communities with the energy they depend on.”
Most recently, Wehner served as assistant treasurer at
Wehner has earned master’s degrees from the University of
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
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