Xcel Energy Appoints Bob Frenzel as President and CEO | Business


As Executive Chairman of Xcel Energy, Fowke will focus on national energy policy and continue to work closely with Frenzel.

O’Connor has been Executive Vice President and Chief Production Officer of Xcel Energy since 2020, and now holds the position of Chief Operating Officer where he will oversee nuclear generation, energy supply, supply chain, business operations, the company’s distribution, transportation and natural gas. Business.

“Tim is an exemplary leader and well-known expert in the energy industry. Since joining Xcel Energy in 2007, he has participated in the construction of one of the most efficient nuclear parks in the country. Under his leadership, the company continued to reduce carbon emissions, while maintaining industry-leading reliability, ”said Frenzel.

Frenzel was CFO of Luminant, the competitive power generation subsidiary of Energy Future Holdings, Inc., before taking up his role at Xcel Energy. He also served as vice president of the investment banking division of Goldman Sachs, having served as director and senior consultant in the strategy, finance and economics practice of Arthur Andersen. After college, he served in the United States Navy for six years, working as a nuclear engineering and weapons officer. After active service he served in the Naval Reserve and was promoted to lieutenant commander. Frenzel received his bachelor’s degree in industrial engineering from Georgia Tech and his master’s degree in business administration from the Booth School of Business at the University of Chicago.


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