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Robert (Bob) Frenzel

Executive Vice President and Chief Financial Officer

Bob Frenzel is executive vice president and chief financial officer of Xcel Energy.

He leads the finance functions of Xcel Energy and its subsidiary companies, which include the controller's office, treasury, tax, audit, financial planning and analysis, performance and controls, risk management, investor relations, revenue requirements, and business development. Frenzel joined Xcel Energy in 2016 from Energy Future Holdings, Inc., where he served as senior vice president and chief financial officer for Luminant, its competitive power generating subsidiary, and prior to that, senior vice president of Strategy and Corporate Development.

Frenzel previously worked as vice president in the Investment Banking division of Goldman Sachs, following his tenure as a manager and senior consultant in the strategy, finance, and economics practice at Arthur Andersen. After college, he served in the United States Navy for six years, working as a nuclear engineering officer and weapons officer. Following active duty, he served in the Navy Reserve and was promoted to lieutenant commander.

Frenzel earned his bachelor’s degree in industrial engineering from Georgia Tech and his master’s degree in business administration from the University of Chicago Booth School of Business. He also graduated from the U.S. Navy Nuclear Power School.

Energy Saving Tip

Make sure to regularly change the air filters on your HVAC system (at least once per month). Old, clogged filters are far less efficient than new ones.

Break Ground, Not the Law

Always call 811 before digging in your yard to avoid hitting buried gas or electric lines. Not only is it the safe thing to do, but it's the law.

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