Xcel Energy Announces 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.

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Alice Jackson, current president of Xcel Energy - Colorado, 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 Texas - New Mexico operating companies.

Robert Kenney will succeed Alice Jackson as the new president of Xcel Energy - Colorado. 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 Energy - Texas 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 Energy - Texas 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.

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Xcel Energy Media Relations
(612) 215-5300
www.xcelenergy.com

Source: Xcel Energy

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