Xcel Energy Announces Investor Relations Leadership Transition

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy today announced that Roopesh Aggarwal has been named vice president of Investor Relations, succeeding Paul Johnson, who is retiring from the company after more than 40 years of service, most recently as vice president, Treasury and Investor Relations.

“Strong, trusted relationships with the investment community are critical to achieving our strategic priorities and capital growth plans,” said Brian Van Abel, executive vice president and Chief Financial Officer. “Paul is recognized across our industry for his longstanding connections with our investors, analysts, credit rating agencies and other external and internal stakeholders. At the same time, we have been mindful to build a pipeline of talent and succession plans to ensure continuity when changes do occur.”

Aggarwal joined Xcel Energy in 2019 as senior director, Business Innovation, and was named senior director, Investor Relations in 2022. He has well-established relationships in the financial community, overseeing the company’s quarterly earnings calls, investor presentations and shareholder services. Aggarwal’s career spans finance, strategy and corporate development roles at Summit Utilities, DTE Energy, Ford Motor Co. and several private equity and consulting firms.

Johnson will work in an advisory role as the company closes out its annual financial reporting and depart after the first quarter.

“Congratulations to Roopesh as he takes on his new leadership role and thank you to Paul for his decades of service to our investors, employees, customers and communities,” Van Abel said.

For more information about the company’s financial and operational performance, visit our Investor Relations website.

About Xcel Energy

Xcel Energy (NASDAQ: 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 or follow us on X and Facebook.