Open report — full analysis, no account required.

Sign up to generate reports and read filings that aren't on the open list.

Sign up free

Get notified when XEL files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts
NASDAQ: XEL XCEL ENERGY INC 8-K

Xcel Energy adds Delta Air Lines President Peter Carter to board, expanding to 11 directors

Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read

4 key changes 2 sections

Key Changes

  • medium

    Peter Carter, Delta Air Lines President since April 2026, elected to Xcel Energy's board effective July 29, 2026, expanding the board from 10 to 11 directors through the 2027 annual meeting.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Carter appointed to both Audit Committee and Governance, Compensation and Nominating Committee; board determined he meets Nasdaq and company independence requirements.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Carter brings executive leadership experience from Delta (President, Chief External Affairs Officer, Chief Legal Officer) and 16 years as partner at Dorsey & Whitney law firm.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • low

    Carter will receive standard non-employee director compensation prorated from July 29, 2026 through the 2027 annual meeting, with no special arrangements disclosed.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

Summary

Xcel Energy expanded its board from 10 to 11 directors by electing Peter Carter, currently President of Delta Air Lines, effective July 29, 2026. Carter will serve until the 2027 annual meeting and has been appointed to both the Audit Committee and the Governance, Compensation and Nominating Committee. The board determined Carter meets independence requirements under Nasdaq rules and company standards.

Carter brings relevant executive experience from Delta, where he has served as President since April 2026, driving enterprise strategy, global policy matters, and market positioning. His background includes senior roles as Delta's Chief External Affairs Officer and Chief Legal Officer, plus 16 years as a partner at Dorsey & Whitney law firm.

This combination of strategic leadership, regulatory affairs, and legal expertise appears aligned with Xcel Energy's needs as a regulated utility navigating the energy transition. Carter will receive standard non-employee director compensation prorated from his appointment date, with no special arrangements disclosed.

Section-by-Section Diff

Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation

~400 words

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.

1 Added
Added New director background and qualifications medium

Added in current filing · verify on EDGAR →

Since April 2026, Mr. Carter has served as President of Delta Air Lines, Inc., a global airline company headquartered in Atlanta, Georgia (“Delta”). Prior to that, he served as Delta’s Executive Vice President, Chief External Affairs Officer from October 2022 to April 2026 and as Executive Vice President, Chief Legal Officer from 2015 to October 2022. From 1999 to 2015, Mr. Carter was a Partner at the Dorsey & Whitney LLP law firm.

Peter Carter brings executive leadership experience from Delta Air Lines, where he currently serves as President since April 2026. His background includes senior roles in external affairs and legal functions at Delta, as well as partnership experience at a major law firm, providing governance, legal, and operational expertise to Xcel Energy's Board.

Event · Exhibit 99.01

3 Added
Added Board appointment - Peter Carter medium

Added in current filing · view on EDGAR →

Xcel Energy (NASDAQ: XEL) announced that Peter Carter has been elected to its board of directors, effective today.

Xcel Energy added Peter Carter to its board of directors effective July 29, 2026. Carter currently serves as president of Delta Air Lines, where he drives enterprise strategy, global policy matters, and market positioning. He will serve on the Audit committee and the Governance, Compensation and Nominating committee.

Added Carter's background and expertise medium

Added in current filing · view on EDGAR →

Carter serves as the president of Delta Air Lines, where he drives the company’s enterprise strategy, global policy matters and global market position. He plays a central role in shaping and protecting Delta’s ability to compete, grow and innovate.

Carter brings experience in enterprise strategy, regulatory affairs, and innovation from his role leading Delta Air Lines. His background includes serving as Delta's chief external affairs officer, chief legal officer, and corporate secretary, plus 23 years as a partner at Dorsey & Whitney law firm. This expertise aligns with Xcel Energy's stated focus on navigating the evolving energy landscape.

Show 1 minor / wording change
Added Board composition low

Added in current filing · view on EDGAR →

With his addition, the company’s Board of Directors will have 11 members.

The board now consists of 11 members following Carter's appointment. This represents standard board expansion to add expertise in strategic leadership and customer focus as the company navigates the energy transition.

Was this report useful?

Figures/quotes linked to EDGAR · Narrative written by AI · Jul 30, 2026 · How we verify