What's Happening?
Xcel Energy Inc. has announced the election of Maria Demaree to its board of directors, effective December 17, 2025. Demaree, a seasoned leader in technology and innovation, brings over three decades of experience
from Lockheed Martin, where she served as senior vice president of Enterprise Business and Digital Transformation, and chief information officer. Her role at Lockheed Martin involved leading the company's enterprise IT strategy, including digital enablement, IT delivery, and cybersecurity. At Xcel Energy, Demaree will serve on the Audit committee and the Operations, Nuclear, Environmental, and Safety (ONES) committee. Her appointment is seen as a strategic move to bolster Xcel Energy's capabilities in technology delivery, information security, and digital innovation, which are critical to the ongoing transformation of the energy industry.
Why It's Important?
The appointment of Maria Demaree to Xcel Energy's board underscores the company's commitment to advancing its technological and digital capabilities. As the energy sector undergoes significant transformation towards cleaner and more sustainable energy solutions, having a leader with extensive experience in digital transformation and cybersecurity is crucial. Demaree's expertise is expected to aid Xcel Energy in implementing advanced systems that enhance service reliability and customer satisfaction. This move aligns with the broader industry trend of integrating cutting-edge technology to meet the increasing demand for sustainable energy while maintaining cost efficiency. Stakeholders, including customers and investors, stand to benefit from improved service delivery and potentially lower energy costs.
What's Next?
With Demaree's addition to the board, Xcel Energy is likely to accelerate its digital transformation initiatives. The company may focus on enhancing its IT infrastructure and cybersecurity measures to support its clean energy goals. As part of the board, Demaree will contribute to strategic decisions that could involve investments in new technologies and partnerships aimed at driving innovation in energy delivery. The industry will be watching how Xcel Energy leverages Demaree's expertise to navigate the challenges and opportunities presented by the transition to a more sustainable energy future.
