Bob Frenzel compensation by year
Xcel Energy Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $731,250 | $931,424 | $1,200,000 | $1,300,000 | $1,400,000 | $1,450,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $2,200,084 | $6,300,028 | $7,000,062 | $18,000,011 | $10,000,015 | $11,244,160 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $1,004,475 | $992,149 | $1,985,850 | $1,811,160 | $1,244,600 | $3,022,554 |
| Pension and deferred compensation | $77,244 | $79,491 | $69,074 | $175,217 | $211,080 | $200,268 |
| All other | $39,881 | $47,272 | $63,593 | $70,780 | $76,368 | $81,877 |
| Total | $4,052,934 | $8,350,364 | $10,318,579 | $21,357,168 | $12,932,063 | $15,998,859 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Xcel Energy Inc. DEF 14A filed April 7, 2026, accession 0000072903-26-000063, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Xcel Energy Inc. filed document, accession 0000072903-26-000063. Every figure is read from that document and cited to the page and table it appears in. Filed April 7, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 163,113 | $12,047,507 | — |
| PSU | 118,830 | $8,776,807 | — |
| PSU | 66,896 | $4,940,952 | — |
| RSU | 50,927 | $3,761,500 | — |
| RSU | 50,173 | $3,705,753 | — |
| PSU | 50,172 | $3,705,675 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Xcel Energy Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Xcel Energy discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Voluntary resignation | $0 | $0 | $0 | $71,000 |
| Involuntary for cause | $0 | $0 | $0 | $71,000 |
| Death | $0 | $27,324,283 | $0 | $27,395,283 |
| Change in control and involuntary termination | $10,657,500 | $36,938,194 | $255,036 | $48,720,287 |
| Involuntary termination without cause | $7,105,000 | $0 | $180,024 | $7,901,867 |
Per the Potential Payments Upon Termination or Change in Control table in Xcel Energy Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Xcel Energy’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Bob Frenzel · this page | Chairman, President and CEO | $15,998,859 |
| Brian Van Abel | EVP, Chief Financial Officer | $4,493,810 |
| Amanda Rome | EVP, Group President, Utilities and Chief Customer Officer | $3,798,977 |
| Tim O'Connor | Former EVP, Chief Operations Officer | $3,165,265 |
| Michael Lamb | EVP, Chief Delivery Officer | $2,637,659 |
| Ryan Long | EVP, Chief Legal and Compliance Officer | $2,562,733 |
Board service
Xcel Energy board · FY2022–FY2025How this board is paid
Company policy: Xcel Energy pays directors a $125,000 cash retainer and $170,000 in Stock. As stated in Xcel Energy's FY2025 proxy.
The full Xcel Energy compensation record
free company briefThis page is one person within Xcel Energy's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Xcel Energy proxy · each links to its own free briefCompensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Xcel Energy's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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