CEO Pay Watch: Xcel's Benjamin Fowke made $18.5 million last year

Chairman, president, CEO

Total compensation: $18,500,718 for the year ended Dec. 31, 2016

Salary: $1,200,000

Nonequity incentive pay: $1,828,800

Other compensation: $52,902

Value realized on vesting shares: $15,419,016

Total 2016 shareholder return: 17.1 percent

Strong operational and earnings results over the last three years helped Xcel executives achieve 171.4 percent of its goal, and the company's installments of renewable energy projects and energy efficiency programs allowed them to maximize awards for carbon dioxide reductions. Combined, executives earned 182 percent of the targeted long-term incentive goals.

Xcel executives, including Fowke, also earned larger annual incentive bonuses than the prior year.