Xcel Energy Claimed Company
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. read more
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Robert Frenzel ā Chief Financial Officer and Executive Vice President at Xcel Energy
Executive Bio
Mr. Robert C. Frenzel, also known as Bob, has been Chief Financial Officer and Executive Vice President of Xcel Energy Inc. since May 3, 2016. Mr. Frenzel also serves as Chief Financial Officer and Executive Vice President of Northern States Power Company, Northern States Power Company-Wisconsin, Southwestern Public Service Company and Public Service Co. of Colorado. He has more than 17 years of experience in energy, banking and consulting and an additional six years of experience as an officer in the U.S. Navy. He served as the Chief Financial Officer and Senior Vice President of Luminant Generation Company LLC until May 2, 2016. With EFH companies since 2009, Mr. Frenzel served as the Senior Vice President for Corporate Development, Strategy and M&A at EFH. In that role, he directed overall corporate and business unit strategy and identified priorities for growth, investment, mergers, acquisitions and divestitures. He served as a Senior Vice President in the Investment Banking Division at Goldman, Sachs & Co. During his tenure with Goldman Sachs, he was a Member of the energy and power group and focused on strategic and financial transactions within the industry, including corporate-and asset-level acquisitions and divestitures and significant capital-raising activities. He has external advisory and transaction experience, Mr. Frenzel worked extensively with Senior Officers within Goldman Sachs to develop expertise in the transmission, nuclear and environmental sub-sectors of the power and utility industry. Prior to Goldman Sachs, he served as a Manager and Senior Consultant in the strategy, finance and economics practice at Arthur Andersen. He also served as a Nuclear Engineering Officer and Weapons Officer in the United States Navy. He resigned from active duty in 1998 and remained in the Navy reserves where he was later promoted to lieutenant commander before resigning his commission in 2007. Mr. Frenzel holds a Bachelor's degree in Industrial Engineering from Georgia Tech and a Master's of Business Administration from the University of Chicago Graduate School of Business.
Chief Financial Officer and Executive Vice President Impact on Finance Department's Culture
Robert Frenzel holds the highest position within the Finance department at Xcel Energy ā Chief Financial Officer and Executive Vice President, and therefore has influence on the culture of the Finance department.
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Executive Team Culture Ratings from Xcel Energy Employees
BOTTOM
30%
Xcel Energy's Executive Team scores in the Bottom 30%
of similar sized companies on Comparably
of similar sized companies on Comparably
Xcel Energy's Executive Team at a Glance
Based on 67 ratings, Xcel Energy's employees are less satisfied with their Executive Team and give them a āC-ā or 58/100. On average, Women provided higher ratings for their Executive Team compared to Men. Also, the Customer Support department thinks more highly of the Executive Team relative to the IT department.
Xcel Energy's Executive Team ranks in the Bottom 30% of other companies in Minneapolis and Bottom 30% of other companies on Comparably that also have 10,000+ Employees.
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