Xcel Energy CEO, Ben Fowke, Was the 4th Highest Paid CEO in Minnesota in 2019
Xcel Energy CEO, Ben Fowke, was the fourth-highest paid CEO in Minnesota in 2019, making $23.3 million in total compensation, according to an analysis in the Minneapolis Star Tribune. As proponents of free market principles, Center of the American Experiment does not take issue with CEO compensation at private companies, but as we have discussed many times before, Xcel Energy is not a private company. Private companies must compete for your business. If you don't like their product or their price, you are free to choose another provider. But Xcel Energy is a government approved monopoly, not a private company, and their "customers" are...
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