Granton Native Named Next President of Xcel Energy-Wisconsin and Michigan

Monday, November 28th, 2022 -- 10:01 AM

A Granton native has been named as the next president of Xcel Energy-Wisconsin and Michigan.

Xcel Energy announced that Karl Hoesly will succeed Mark Stoering as the next president beginning December 1st. 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. 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. Hoesly takes over the position that is being vacated by Mark Stoering, who is retiring after 33 years with Xcel Energy.

Hoesly, a native of Granton, received his Bachelor of Arts degree in finance and economics from the University of Wisconsin-Green Bay and has completed several post-graduate courses in marketing, business administration and management at the University of Wisconsin-Green Bay.

He is active in several civic and trade organizations including the United Way, Red Cross, and Wisconsin Public Utility Institute, Wisconsin Utilities Association, and is also a member of the Utilities Credit Union board of directors.  He lives in Eau Claire with his wife and three sons.

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