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0.0002817959797107 -0.000187863986473756 -0.00178470787150101 -0.000751455945895156 -9.39319932369445E-05 -0.00150291189179031 -0.00469659966184482 -0.00572985158745068
Stock impact report

Xcel CEO's pay falls 24%, but offered hefty bonus if he stays [Yahoo! Finance]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: Yahoo! Finance
The retention awards were made despite progress on some of the company's recent clean goals being slightly behind target. In total, $11.15 million in time-restricted stock awards were given to Xcel executives to stay. Xcel's other top four executives received retention awards in 2024 of $350,000 to $800,000 that will be paid if they stay with Xcel through the end of 2026. Frenzel's awards were granted in October, and he will receive a third of the awards in February 2027 and the remainder in February 2028 provided he stays with Xcel. The company disclosed the awards in the company's annual proxy statement filed last week, which also detailed Frenzel's pay for 2023. A board committee "made the special award after an evaluation of business risks, need for long-term continuity of leadership required to execute Xcel Energy's vision and strategy and the intense competition for executive talent in the utility industry," the board laid out in the proxy. Here's an outline of Frenzel' Show less Read more
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