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CompBrief
Fiscal year 2025

Bob Frenzel — FY2025 total compensation $15,998,859

Bob Frenzel is Chairman, President and CEO of Xcel Energy Inc. (XEL). The company reported total compensation of $15,998,859 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$1,450,000
Bonus$0
Stock awards$11,244,160
Option awards$0
Non-equity incentive plan$3,022,554
Pension and non-qualified deferred compensation$200,268
All other compensation$81,877
Total$15,998,859

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Xcel Energy Inc. filed April 7, 2026, accession 0000072903-26-000063.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chairman, President and CEO$1,450,000$0$11,244,160$0$3,022,554$200,268$81,877$15,998,859
FY2024Chairman, President and CEO$1,400,000$0$10,000,015$0$1,244,600$211,080$76,368$12,932,063
FY2022Chairman, President and CEO$1,200,000$0$7,000,062$0$1,985,850$69,074$63,593$10,318,579
FY2021Chairman, President and CEO$931,424$0$6,300,028$992,149$79,491$47,272$8,350,364
FY2020Chairman, President and CEO$731,250$0$2,200,084$0$1,004,475$77,244$39,881$4,052,934

Totals as disclosed in each year's own compensation disclosure for Xcel Energy Inc..

03

Peer context

Peer-group chief executive median$15,294,537
Difference from that median$704,323
Percentile within the disclosed peer group56th
Peers with a disclosed figure18

Medians and percentiles are computed across the peer group Xcel Energy Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Xcel Energy Inc.

Named executive officerRoleFY2025 total
Bob Frenzel this pageChairman, President and CEO$15,998,859
Brian Van AbelEVP, Chief Financial Officer$4,493,810
Amanda RomeEVP, Group President, Utilities and Chief Customer Officer$3,798,977
Tim O'ConnorFormer EVP, Chief Operations Officer$3,165,265
Michael LambEVP, Chief Delivery Officer$2,637,659
Ryan LongEVP, Chief Legal and Compliance Officer$2,562,733

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Xcel Energy Inc. compensation brief.

05

The company page

Bob Frenzel's compensation sits inside Xcel Energy Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Xcel Energy Inc. (XEL) compensation brief