Xcel Energy ·XEL

CEO directly oversees utilities, delivery, generation, and customers

Energy · Fortune #319 · Hybrid structure · 11K employees · Minneapolis, Minnesota

7
CEO span
↓ tighter than peers (avg 10)
7
Avg span
wide
2
Max depth
2 levels
2.9 yr
Avg tenure
86%
Internal hires
↑ above industry avg
Consolidated financials FY2018 · period end 2018-12-31 · 10-K
Revenue
$11.5B
Operating income
$2.6B
Net income
$2.0B
Total assets
$81.4B
Shares out
624M

Interactive org chart

Xcel Energy organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Xcel Energy operates with a CEO-centric structure where utilities, generation, delivery, and customer leadership all report directly to the CEO. This page details the executive team, reporting lines, recent leadership changes, and how Xcel’s structure compares with peer utilities.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Tim O'Connor departed as EVP, Chief Operations Officer

Retired effective August 21, 2025 after transition period.

Source · See change log

Scenario views in the chart

  • Reintroduce Chief Operating Officer Adds a COO reporting to the CEO to consolidate delivery, generation, and utilities during peak capital spending.
  • Consolidate Delivery and Generation Moves Generation under the Chief Delivery Officer to streamline infrastructure execution.

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The people

Who's running this

8 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Bob Frenzel

Chairman, President and Chief Executive Officer

Executive

7 yr

7 reports

internal

Brian Van Abel

Executive Vice President, Chief Financial Officer

Finance

3 yr

0 reports

internal

Amanda Rome

Executive Vice President, Group President, Utilities and Chief Customer Officer

Utilities

5 yr

0 reports

internal

Ryan Long

Executive Vice President, Chief Legal and Compliance Officer

Legal

1 yr

0 reports

internal

Michael Lamb

Executive Vice President, Chief Delivery Officer

Operations

1 yr

0 reports

internal

Scott Sharp

Executive Vice President, Chief Generation Officer

Generation

1 yr

0 reports

internal

Bria Shea

President, Xcel Energy – Minnesota, North Dakota and South Dakota

Regional Utilities

1 yr

0 reports

Rob Clark

Senior Vice President, Chief Communications Officer and Chief of Staff

Communications

2 yr

0 reports

The businesses

How Xcel Energy divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Utilities

7K employees

EVP, Group President, Utilities and Chief Customer Officer (Amanda Rome)

Manages regulated electric and gas utility operations and customer experience across eight states.

Generation

2K employees

EVP, Chief Generation Officer (Scott Sharp)

Oversees power generation assets including renewable, nuclear, and natural gas facilities.

Delivery

2K employees

EVP, Chief Delivery Officer (Michael Lamb)

Responsible for transmission, distribution, and infrastructure delivery programs.

The thesis

Why this org is unusual

Xcel Energy’s most distinctive feature is that the CEO directly oversees core utility P&L leadership alongside delivery, generation, and customer functions.

This places regulated utility operations and capital delivery squarely in the CEO’s span, rather than delegating them to a COO. The structure reflects the company’s capital-intensive, regulator-facing strategy.

The absence of a standing COO following the 2025 retirement of the former COO redistributed authority to functionally specialized EVPs. Generation, delivery, and utilities are each led by separate executives, reinforcing operational accountability while keeping strategic coordination centralized at the CEO level.

  • No COO role after 2025 retirement
  • Direct CEO oversight of utilities and delivery
  • High internal promotion at EVP level

The comparison

How Xcel Energy stacks up

Compared with other large regulated utilities, Xcel Energy operates with a relatively flat executive structure and a broad CEO span. Peers such as Duke Energy and Dominion Energy typically interpose a COO or equivalent role between the CEO and operational presidents. Xcel’s model emphasizes direct CEO engagement in …

Reporting depth

Xcel Energy
2 levels
4 levels

Avg C-suite tenure

Has COO / Has CAIO

Xcel Energy — no COO — no CAIO
Duke Energy ✓ COO — no CAIO
NextEra Energy ✓ COO — no CAIO
Dominion Energy ✓ COO — no CAIO
Southern Company ✓ COO — no CAIO

Current signals

What changed recently

The most significant change was the 2025 retirement of the COO, eliminating the role and pushing operations directly under the CEO.

  • departed
    Tim O'Connor EVP, Chief Operations Officer

    Retired effective August 21, 2025 after transition period.

    Source
  • promoted
    Ryan Long EVP, Chief Legal and Compliance Officer

    Promoted effective June 16, 2025.

    Source
  • promoted
    Michael Lamb EVP, Chief Delivery Officer

    Promoted effective May 1, 2025.

    Source

Frequently Asked Questions

Who is the CEO of Xcel Energy?

Bob Frenzel has served as Chairman, President and CEO since 2018.

What type of organizational structure does Xcel Energy use?

Xcel Energy uses a hybrid enterprise structure with functional and regulated-utility leadership reporting directly to the CEO.

How many direct reports does Xcel Energy's CEO have?

The CEO has seven direct executive reports.

How has Xcel Energy's leadership changed recently?

In 2025 the COO retired, and delivery, legal, and generation leaders were promoted into expanded EVP roles.

Does Xcel Energy have a COO?

No. The COO role was eliminated following the retirement of the former COO in 2025.

Sources

  • DEF 14A Filing, Apr 2026
  • SEC EDGAR: Xcel Energy DEF 14A Proxy Statement
  • SEC EDGAR: Xcel Energy 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Xcel Energy organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/xcel-energy/
MLA 9th
"Xcel Energy Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/xcel-energy/. Accessed .
Chicago 17
Creately. "Xcel Energy Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/xcel-energy/.

Permanent URL: https://creately.com/org-chart/fortune-500/xcel-energy/ · last updated 2026-04-01

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