In 2021, Ben Fowke earned $3.27M in total compensation at Xcel Energy, including $1.35M salary and $1.79M in stock. Most recently acquired 9,926 shares in Sep 2024. Currently holds stock worth $15.25M. Has donated $1.08M in stock to charitable causes. Led Xcel Energy as CEO for 9 years.
Compensation History
Annual executive compensation data for Ben Fowke, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$3.27M
Salary
$1.35M
Bonus
$0.00
Other
$129.78K
Salary
$1.35MBoard Justification
The compensation philosophy emphasizes performance-based pay that aligns with shareholder interests and includes a significant portion of variable compensation tied to performance metrics.
Bonus
$0.00Board Justification
No cash bonus was awarded for 2021 as the focus was on long-term incentives and performance-based compensation.
Other Compensation
$129.78KBoard Justification
Includes contributions to the nonqualified Deferred Compensation Plan and imputed income on life insurance paid by the Company.
Restricted Stock
Board Justification
The value of performance shares that vested in 2021 based on the achievement of performance metrics for the period ending December 31, 2021.
Performance Metrics
Performance metrics include operational and financial goals, with a focus on long-term shareholder value and sustainability initiatives.
Ben Fowke
Ex-CEO of Xcel Energy
Education
Bachelor of Science in Business Administration from the University of Minnesota Duluth
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Utilities
Born
April 14, 1960 - 65 years ago
CEO of Xcel Energy for
9 years 11 months (Aug 2011 - Aug 2021)
Previous Experience
Executive Vice President and Chief Financial Officer of Xcel Energy Inc.
Other Xcel Energy CEOs
Holdings
Track Ben Fowke's stock holdings and portfolio value over time.
Total Stock Sold
$51.82M
$51.82M
810,966 XEL shares
What if they kept their stock?
If Ben Fowke didn't sell their stock, today they would have:
Extra XEL810,966 shares worth $62.59M.
This is 20.8% and $10.78M more than what they got when they sold the stock.
Charitable Transactions
14,030 shares
XEL
Recent Charitable Transactions
3,077 shares
XEL
Dec 31, 2018
Charity
10,953 shares
XEL
Dec 7, 2016
Charity
Insider Trading
Ben Fowke's recent stock transactions, purchases, and sales filed with the SEC.
$999.95K
AEP at $100.74/share
Sep 26, 2024
Received
$999.90K
AEP at $99.02/share
Aug 1, 2024
Received
$26.67K
AEP at $86.10/share
Mar 31, 2024
Received
$6.00M
AEP at $82.45/share
Feb 26, 2024
Received
$40.00K
AEP at $81.22/share
Dec 31, 2023
Received
$3.38M
XEL at $67.57/share
Dec 13, 2021
Sale
$3.79M
XEL at $69.73/share
Sep 1, 2021
Sale
$3.66M
XEL at $70.27/share
Jun 4, 2021
Sale
$8.68M
XEL at $71.71/share
May 14, 2021
Sale
97,230.381 shares
XEL
Feb 16, 2021
Received
Rivals
Compare Ben Fowke with competitor CEOs and industry peers.
Steven E. Strah
CEO of FirstEnergy
2021 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$0.00
Other
$29.11K
Total Holdings
$283.79K
Lloyd Yates
CEO of NiSource
2023 Compensation
Stock
$0.00
Salary
$1.04M
Bonus
$2.50M
Other
$466.59K
Total Holdings
$4.96M
Scott J. Lauber
CEO of WEC Energy Group
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$504.54K
Total Holdings
$196.23K
John W. Ketchum
CEO of Nextra Energy
2024 Compensation
Stock
$9.33M
Salary
$1.58M
Bonus
$0.00
Other
$441.01K
Total Holdings
$1.52M