MINNEAPOLIS--(BUSINESS WIRE)--
Xcel Energy has named Teresa S. Madden senior vice president and chief
financial officer and Scott Wilensky senior vice president and general
counsel, effective today.
Formerly vice president and controller, Madden has held a variety of
positions with Xcel Energy and its predecessor company, Public Service
Co. of Colorado. She has a Bachelor of Science degree in accounting from
Colorado State University and a Master of Business Administration degree
from Regis University. She is a member of the Colorado Society of
Certified Public Accountants and the American Institute of Certified
Public Accountants.
Madden succeeds David M. Sparby, who now holds the position of senior
vice president and group president, with responsibility for the four
operating companies that comprise Xcel Energy: Northern States Power
Co.-Minnesota, NSP-Wisconsin, Public Service Co. of Colorado; and
Southwestern Public Service Co.
Wilensky previously was vice president, Regulatory and Resource
Planning, for all Xcel Energy operating companies. He has more than 25
years of experience in utility regulation, holding such positions as
managing director of Rate Revenue and managing director of Government
Affairs. He previously spent 10 years as assistant attorney general with
the Minnesota Attorney General’s Office. He holds a bachelor’s degree
from the University of Michigan and a law degree from Thomas M. Cooley
Law School, Lansing, Mich.
Wilensky succeeds Michael C. Connelly, who is now senior vice president,
Strategy and Planning.
Jeff Savage, formerly senior director, Financial Reporting, Corporate
and Technical Accounting, replaces Madden as vice president and
controller. Before joining Xcel Energy in 2007, he held financial
reporting, technical accounting, financial consolidation, Sarbanes-Oxley
and internal audit positions at The Mosaic Company and Regis Corp. He
also spent six years at PricewaterhouseCoopers in Minneapolis. He holds
a degree in accounting and finance from Colorado State University and is
a Certified Public Accountant.
“I am pleased to have such talented, experienced people in place,” said
Ben Fowke, chairman, president and CEO of Xcel Energy. “These leadership
changes better enable us to achieve our strategic goals and meet the
challenges our industry and company will face in the years to come,” he
said.
Additional members of Fowke’s executive leadership team are:
- Michael C. Connelly, formerly general counsel, is now senior vice
president; Strategy and Planning, which will include portfolio
development, risk management and resource planning;
- Dennis Koehl is senior vice president and chief nuclear officer;
- Kent T. Larson, formerly vice president and chief Energy Supply
officer, is now senior vice president, Operations, with responsibility
for energy supply, transmission, distribution and natural gas
operations;
- Marvin McDaniel is senior vice president and chief administrative
officer;
- Roy Palmer, formerly vice president, Federal and State Affairs, is now
senior vice president, Public Policy and External Affairs, responsible
for federal government affairs, corporate communications and public
policy;
- David M. Sparby, formerly vice president and CFO, is now senior vice
president and group president, with responsibility for the four
operating companies that comprise Xcel Energy.
Xcel Energy (NYSE:XEL) is a major U.S. electricity and natural gas
company that provides a comprehensive portfolio of energy-related
products and services to 3.4 million electricity customers and 1.9
million natural gas customers through its regulated operating companies
in eight Western and Midwestern states.Company headquarters are
in Minneapolis.More information is available at xcelenergy.com.
Source: Xcel Energy
Contact:
Xcel Energy
Xcel Energy Media Relations, 612-215-5300
www.xcelenergy.com