Xcel Energy is pleased to announce that Karl Hoesly will succeed Mark Stoering as the next President for Xcel Energy-Wisconsin and Michigan beginning December 1, 2022.
Hoesly has worked for Xcel Energy for 15 years and currently serves as the Regional Vice President for Rates and Regulatory Affairs, a position he has held since 2018. In this role, he provides overall direction and leadership of Xcel Energy’s regulatory affairs function in Wisconsin and Michigan. He is also part of the senior management team that develops the company’s strategy and policies in the regulatory, legislative and customer service areas. Hoesly was previously Manager of Regulatory Affairs.
“Karl has been an outstanding leader for us and the communities we serve in Wisconsin and Michigan for many years,” said Bob Frenzel, chairman, president and CEO for Xcel Energy. “He brings more than two decades of experience to the role and will play an essential function in continuing the jurisdiction’s support for new programs which enhance the customer experience and help us achieve our goal of carbon-free energy by 2050.”
Prior to joining Xcel Energy in 2007, Hoesly held a variety of positions with increasing responsibilities in the areas of rates, finance, and regulatory affairs at Integrys Energy Company in Green Bay.
