Xcel Energy elects new board member as long-time board member retires
June 24 2020 - 4:15PM
Business Wire
Xcel Energy has elected a new board member, effective
immediately.
Charles Pardee, who goes by Chip, brings over 38 years of
experience in the energy industry, having held leadership roles in
both nuclear and non-nuclear operations. He currently serves as
president of Terrestrial Energy, USA in Connecticut. He is also the
chair and director of the Committee on Nuclear Power for the
Emirates Nuclear Energy Corporation in the United Arab Emirates. He
also sits on the nuclear safety advisory board for the Tokyo
Electric Power company.
Previously, Pardee was chief operating officer of the Tennessee
Valley Authority, overseeing operations, financial management,
strategic planning, and regulatory management, among other
responsibilities. He spent 12 years with Exelon Corporation where
he held leadership roles as chief operating officer and chief
nuclear officer, among others. He has worked with several other
energy companies, including Florida Power Corporation, Carolina
Power and Light, as well as the Institute of Nuclear Power
Operations.
Pardee is an expert in risk management, plant operations,
financial stewardship, environmental governance and board
oversight. He graduated from Harvard Business School’s Advanced
Management program and holds a B.S. in Marine Engineering Systems
from the United States Merchant Marine Academy. He served as
Lieutenant in the U.S. Navy for nine years.
“We are delighted to welcome Chip to our Board of Directors and
look forward to the vast experience and knowledge he will bring to
our organization,” said Ben Fowke, chairman and CEO of Xcel Energy.
“He is an exceptional leader and will be a true asset to our
board.”
Patricia Sampson has announced her retirement from the
board of directors after 35 years. She is the CEO and president of
The Sampson Group, Inc., a management development and strategic
planning consulting business. She previously served as CEO of the
Greater Minneapolis Area Chapter of the American Red Cross.
“We can’t thank Pat enough for her tireless service to
the Xcel Energy board of directors, where she served on all four of
our committees, most recently on both the audit and the finance
committees,” said Fowke. “We have benefited greatly from her
experience and counsel and we wish Pat all the best in her future
endeavors.”
Sampson will step down from the board on June 30.
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 Twitter and Facebook.
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