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Xcel Energy announced Thursday that Ben Fowke, chairman and CEO, will retire as CEO effective Aug. 18, 2021, though he will continue to serve on the Xcel Energy Board of Directors as executive chairman. Bob Frenzel, president and chief operating officer, will become the company’s next CEO and president.
Ben Fowke (Photo: Business Wire)
“Bob is an outstanding and proven business leader who delivers excellent operational and financial performance, and is also passionate about engaging with our employees, communities, customers and stakeholders,” Fowke said. “We have worked closely together for five years, and I am thrilled to be handing off the job to a strong successor.”