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Xcel Energy logoXcel Energy XEL

The company said its board elected Maria Demaree, 57, as a director on December 17, 2025, effective immediately. Under the Bylaws, the board increased the number of directors from 11 to 12.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its board elected Maria Demaree, 57, as a director on December 17, 2025, effective immediately. Under the Bylaws, the board increased the number of directors from 11 to 12.

  2. The company said Maria Demaree was assigned to the Audit Committee and the Operations, Nuclear, Environmental and Safety (ONES) Committee. The board determined that she meets the director independence requirements of the Nasdaq Stock Market LLC and Xcel Energy's director independence standards.

  3. Xcel Energy said Maria Demaree will receive director compensation on the same basis as the company's other non-employee directors, prorated from the start of her board service to the 2026 Annual Meeting of Shareholders. The company said there are no arrangements or understandings other than this compensation related to her election.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Board Elects Maria Demaree Effective December 17, 2025

The company said its board elected Maria Demaree, 57, as a director on December 17, 2025, effective immediately. Under the Bylaws, the board increased the number of directors from 11 to 12.

Source · Based on the filing body and exhibits

Audit Committee and ONES Committee Assignments and Independence Determination

The company said Maria Demaree was assigned to the Audit Committee and the Operations, Nuclear, Environmental and Safety (ONES) Committee. The board determined that she meets the director independence requirements of the Nasdaq Stock Market LLC and Xcel Energy's director independence standards.

Source · Based on the filing body and exhibits

Director Compensation Terms

Xcel Energy said Maria Demaree will receive director compensation on the same basis as the company's other non-employee directors, prorated from the start of her board service to the 2026 Annual Meeting of Shareholders. The company said there are no arrangements or understandings other than this compensation related to her election.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.