8-KLeadership ChangesExhibits & Filings

XCEL ENERGY INC 8-K Report, Executive Changes (Jul 29, 2026)

Filed July 29, 2026For Securities:XELXELLL

Summary

Xcel Energy Inc. (XEL) announced a change to its Board of Directors with the election of Peter Carter, effective July 29, 2026. Mr. Carter, aged 63, brings a wealth of experience, most recently serving as President of Delta Air Lines, Inc., and prior to that, in executive legal and external affairs roles at Delta. His appointment increases the size of the Board from 10 to 11 directors. Mr. Carter has been deemed an independent director and will serve on the Audit Committee and the Governance, Compensation and Nominating Committee. His compensation for board service will be prorated and consistent with that of other non-employee directors, as previously disclosed. The company has also filed a press release regarding this appointment as an exhibit.

Key Highlights

  • 1Peter Carter elected to Xcel Energy's Board of Directors, effective immediately.
  • 2Mr. Carter's appointment increases the Board size to 11 directors.
  • 3He brings extensive experience from executive roles at Delta Air Lines, including President, Chief External Affairs Officer, and Chief Legal Officer.
  • 4Mr. Carter is considered an independent director and meets Nasdaq and Xcel Energy independence requirements.
  • 5He has been appointed to serve on the Audit Committee and the Governance, Compensation and Nominating Committee.
  • 6Compensation for Mr. Carter will be prorated and align with existing non-employee director compensation.

Frequently Asked Questions

Peter Carter, aged 63, has been elected to Xcel Energy's Board of Directors. He most recently served as President of Delta Air Lines, Inc.

Mr. Carter has been appointed to serve on the Board's Audit Committee and the Governance, Compensation and Nominating Committee.

Yes, the Board has determined that Mr. Carter is independent and meets the applicable director independence requirements of the Nasdaq Stock Market LLC and Xcel Energy's director independence standards.

Mr. Carter will receive compensation consistent with the compensation of Xcel Energy's other non-employee directors, prorated from the commencement of his service.