Experienced leader in banking and renewable energy joins board of
directors
MINNEAPOLIS--(BUSINESS WIRE)--
Daniel Yohannes has been elected to Xcel Energy’s board of directors,
effective March 1, 2017.
Yohannes most recently served as the U.S. Ambassador to the Organization
for Economic Cooperation and Development (OECD), an international forum
promoting economic growth, prosperity, sustainable development and
energy security through better policies. Prior to that appointment, he
served as Chief Executive Officer of Millennium Challenge Corporation
(MCC), a U.S. government development agency that provides grants for
investments in, among other things, energy and power infrastructure in
developing countries to create self-sustaining power systems and support
economic development.
“We’re pleased to welcome Daniel and believe he will be a valuable
addition to our board, complementing the already-strong experience of
our directors,” said Ben Fowke, chairman, president and CEO of Xcel
Energy. “He brings extraordinary experience in infrastructure and
economic development, as well as excellence in managing complex
stakeholder relationships. His passion for protecting the environment
and addressing environmental issues in economic and sustainable ways are
in line with our core values and will serve Xcel Energy well.”
Prior to his government service, Yohannes specialized in financial
services and the renewable energy sector. During more than three decades
in financial services, he held several leadership roles including Vice
Chairman and Member of the Management Committee of U.S. Bank. Yohannes
co-founded the New Resource Bank which invests in environmentally
sustainable businesses. In addition, he has led organizations that
promote renewable energy.
Yohannes is active in his community of Denver, Colorado and has served
on several nonprofit boards, such as the board of Project C.U.R.E, an
organization that delivers donated medical supplies to developing
countries worldwide. He received a bachelor’s degree in economics from
Claremont McKenna College and earned a Master of Business Administration
from Pepperdine University.
About Xcel Energy
Xcel Energy (NYSE: XEL) provides the energy that powers millions of
homes and businesses across eight Western and Midwestern states.
Headquartered in Minneapolis, the company is an industry leader in
responsibly reducing carbon emissions and producing and delivering clean
energy solutions from a variety of renewable sources at competitive
prices. For more information, visit xcelenergy.com
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Xcel Energy Media Relations
612-215-5300
www.xcelenergy.com
Source: Xcel Energy