Xcel Energy has named George E. Tyson II senior vice president, corporate development. In his new role, Tyson will oversee Xcel Energy's strategy to grow the business, providing leadership in pursuing new investment opportunities that position the company to achieve its long-term growth objectives. Tyson is currently senior vice president and treasurer of Xcel Energy and has held several leadership roles in his 13 years with the company.

Prior to joining Xcel Energy, Tyson worked at Deutsche Bank Securities, Bankers Trust Co. and Amoco Corp. with roles in investment banking and acquisition assessment.

With Tyson's promotion, Brian J. Van Abel will become vice president, treasurer. Van Abel is currently the assistant treasurer and has held roles in the regulatory and finance areas since he joined Xcel Energy in 2009.