President (SPS)
About the role
The Operating Company President leads the strategic direction with accountability over the operational management of their jurisdiction, ensuring alignment with corporate goals and objectives. This executive leadership position is accountable for leading commercial growth and delivering reliable, cost-effective, and sustainable energy solutions within their jurisdiction(s).
Responsibilities
- Provide visionary leadership to the senior leadership team and employees, fostering a culture of excellence and accountability.
- Develop and implement strategic plans to achieve company goals and enhance operational performance.
- Work closely with the CEO and board of directors to develop long-term strategies.
- Define goals, budgets, and translate to action plans in line with strategic objectives.
- Maintain alignment with corporate goals and objectives.
- Monitor industry trends, competitor activity, and market conditions to adapt strategies as necessary.
- Accountable for operational results of the jurisdiction, including generation, transmission, and distribution of energy.
- Drive optimization of operational processes to improve efficiency and reduce costs.
- Develop and manage jurisdictional budget, ensuring financial health and sustainability.
- Monitor financial performance and implement strategies to achieve revenue and profitability targets.
- Develop financial strategies to drive commercial growth.
- Accountable for achievement of successful regulatory outcomes by setting regulatory strategies, ensuring compliance with all relevant laws and regulations, and by proactively engaging with regulatory bodies.
- Build deep relationships with customers and deliver compelling customer value proposition, while balancing customer needs with other stakeholder needs.
- Enhance customer experience by implementing initiatives that improve service quality, reliability, and customer satisfaction.
- Build and maintain strong relationships with key stakeholders, including customers, regulators, and investors.
- Represent the company in industry forums and public engagements.
- Communicate effectively with shareholders about company performance and strategic direction.
Requirements
- Bachelor's degree; MBA, JD, or advanced degree preferred.
- Minimum of 15 years of experience in the energy sector or a regulated operating industry, or similar environment with at least 10 years in a senior leadership role in a complex, preferably multi-jurisdictional and matrixed organization with diverse internal and external stakeholders.
- Demonstrated track record of developing and executing strategy and driving growth in a multi-jurisdictional and matrixed environment, strong business development skills and commercial acumen.
- Demonstrated success in managing key stakeholder relationships and building strategic stakeholder management plans; preference for those with existing networks within the communities served.
- Possesses a customer and community focused mindset with the main goal of enhancing customer experience and promoting positive corporate stewardship; experience driving continuous improvement across the business that addresses customer needs.
- Holds a credible executive presence both internally and externally; possesses highly articulate communication skills and is a skilled negotiator that balances need of the company and external stakeholders.
Qualifications
- Minimum of 15 years of experience in the energy sector or a regulated operating industry, or similar environment with at least 10 years in a senior leadership role in a complex, preferably multi-jurisdictional and matrixed organization with diverse internal and external stakeholders.
- Bachelor's degree; MBA, JD, or advanced degree preferred.
- Demonstrated track record of developing and executing strategy and driving growth in a multi-jurisdictional and matrixed environment, strong business development skills and commercial acumen.
- Demonstrated success in managing key stakeholder relationships and building strategic stakeholder management plans; preference for those with existing networks within the communities served.
- Possesses a customer and community focused mindset with the main goal of enhancing customer experience and promoting positive corporate stewardship; experience driving continuous improvement across the business that addresses customer needs.
- Holds a credible executive presence both internally and externally; possesses highly articulate communication skills and is a skilled negotiator that balances need of the company and external stakeholders.
Skills
- Strategic planning and execution.
- Financial management and budgeting.
- Regulatory compliance and advocacy.
- Customer relationship management.
- Stakeholder engagement and negotiation.
- Leadership and team management.
Benefits
- Annual Incentive Program
- Long Term Incentive
- Medical/Pharmacy Plan
- Dental
- Vision
- Life Insurance
- Dependent Care Reimbursement Account
- Health Care Reimbursement Account
- Tuition reimbursement
- Transportation Reimbursement Account
- Employee Assistance Program (EAP)
- Parental Leave
Pay
The total compensation package for this role will be determined based on qualifications and experience. As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need.
Schedule
The anticipated starting base pay for this position is: $420,000.00 to $500,000.00 per year
Accessibility Statement
Xcel Energy endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.