Xcel Energy Inc. (NYSE:XEL) announced Feb. 5 that Teresa S. Madden will retire during the second quarter, 2016. Madden, 59, has been executive vice president and chief financial officer for Xcel Energy Inc. and its subsidiaries since September 2011.
Over her 36-year career, Madden has held a variety of roles, including controller and vice president of finance for Customer and Field Operations for Xcel Energy and its predecessor companies.
Xcel Energy has retained a firm to undertake a search for a successor and will be considering both internal and external candidates. The company expects an orderly transition to Madden’s successor.