Xcel Energy Chief Operations Officer to Retire This Summer
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Xcel Energy Inc. announced the retirement of its COO, Timothy O'Connor, effective this summer. Scott Sharp will be appointed as the new executive vice president, chief generation officer, effective May 1.
March 03, 2025 | 9:30 pm
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Xcel Energy's COO, Timothy O'Connor, will retire this summer, with Scott Sharp taking over as EVP, Chief Generation Officer. This leadership change is part of the company's succession planning.
The retirement of a key executive like the COO can have implications for company operations and strategy. However, the planned succession with an internal appointment suggests stability and continuity, likely resulting in a neutral short-term impact on the stock price.
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