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- Todd Wehner Appointed Treasurer and Vice President of Xcel Energy
Todd Wehner Appointed Treasurer and Vice President of Xcel Energy
Slice of Energy Team
September 12, 2024
Key Highlights:
Todd Wehner appointed Treasurer and VP of Xcel Energy.
Paul Johnson continues as VP of Treasury and Investor Relations.
Wehner to manage financial strategy, capital investments, and regulatory support.
Brings experience from CMS Energy, Morgan Stanley, and Barclays.
Strong background in capital markets and utility sectors.
Source (Business Wire)
Notable Quotes:
“Todd is a proven financial leader who has demonstrated an ability to identify opportunities, develop strategies and deliver results. His extensive treasury and utility experience, as well as previous experience in strategic management and capital markets, will serve Xcel Energy’s customers well.”
"I see an exciting opportunity to work within the complexity of Xcel Energy’s multiple operating companies across diverse states."
Our Take:
Todd Wehner’s appointment as Treasurer and Vice President is a strategic move by Xcel Energy, aligning with the company’s ambitious clean energy transition goals. Wehner’s robust experience in capital markets and utilities, coupled with his leadership in optimizing financial structures, positions him well to navigate the complexities of Xcel’s multi-state operations. His leadership will likely contribute to the company's ability to raise capital efficiently, benefiting customers through long-term, sustainable energy solutions.