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Xcel CEO Fowke gets big pay raise to go along with new title

www.bizjournals.com/twincities/news/2011/08/26/xcel-energy-pay-raise-for-fowke.html

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With his promotion to Xcel Energy Inc. CEO earlier this week, Ben Fowke also received a substantial pay raise.

Minneapolis-based Xcel (NYSE: XEL) reported to the U.S. Securities and Exchange Commission on Friday that Fowke will be paid an annual base salary of $1.1 million.

As president and chief operating officer at the utility, Fowke was paid a base salary of $690,000 last year, according to SEC documents. His total compensation with bonuses, incentive pay and stock awards was nearly $4 million in 2010...