Xcel Energy CEO Announces August Retirement

View Comments
Xcel Energy Responsible by Nature

(credit: Xcel Energy)

DENVER (AP) — The chief executive officer of Colorado’s largest public utility has announced he will be retiring after a career with the company that began as a summer meter reader.

The Denver Post reported Wednesday that 64-year-old Richard Kelly has been CEO at Minneapolis-based Xcel Energy since 2002. Kelly began at Xcel Energy as a meter reader one summer to help pay his tuition at Denver’s Regis University, where he is a member of the Board of Trustees.

The Denver native said he will retire in August. His legacy includes a pursuit toward a bigger renewable energy portfolio and turning Xcel into one of nation’s largest providers of wind energy.

Members of the company’s board said Kelly turned Xcel into a “true leader in the industry.”

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus

Get every new post delivered to your Inbox.

Join 4,393 other followers