| CEO Name | Bob Frenzel |
| Nationality | United States |
| Net Worth Estimation | $20 million |
Bob Frenzel, CEO of Public Service Company of Colorado and Xcel Energy, has an estimated net worth of around $20 million, primarily derived from executive compensation, stock awards, and performance bonuses earned during his leadership tenure. His financial standing reflects the high-value packages typical for large utility company CEOs and the company's consistent market performance.
Bob Frenzel's estimated net worth of $20 million places him at 14.29% of the utility sector's maximum estimated CEO net worth of $80 million. His net worth exceeds the minimum threshold by 100%.
Business Category: Utility
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 80000000 USD
Bob Frenzel Performance in Public Service Company of Colorado
Bob Frenzel, CEO of Public Service Company of Colorado, demonstrates strong leadership by driving strategic initiatives and fostering innovation in energy services. His decision-making emphasizes sustainable energy transitions and regulatory compliance, enhancing operational efficiency and customer satisfaction. Under Frenzel's leadership, the company has achieved improved financial performance and advanced clean energy goals, solidifying its competitive position in the regional utility market.
Latest News
Colorado PUC Approves Xcel Energy's Markets+ Application Amid Split Decision
The Colorado Public Utilities Commission has given a split approval for Public Service Company of Colorado to join SPP's Markets+, citing public interest and potential consumer benefits, but with a dissenting commissioner questioning whether the move truly serves the public. This decision marks a significant step toward regional electricity market participation for Colorado's largest utility.
Source: http://www.rtoinsider.com/116850-split-colo-puc-approves-xcel-energys-markets-application/