TXNM ENERGY INC (TXNM)
Sector: Utilities
Sector: Utilities
TXNM ENERGY INC - Executive Compensation
Executive Chairman
Executive Compensation
Patricia K. Collawn is a seasoned leader in the energy industry, currently serving as the Chair, President, and Chief Executive Officer of TXNM Energy Inc., a major utility holding company based in Albuquerque, New Mexico. With a career spanning over four decades, Collawn began her professional journey after earning a Bachelor of Arts in Journalism and Mass Communication from Drake University and an MBA from Harvard Business School. Early in her career, she held various roles in marketing, operations, and executive management at companies like Plantation Pipe Line Company and Public Service Company of Colorado, where she rose to become President and CEO. Her expertise in regulatory affairs, customer service, and strategic planning has made her a prominent figure in advancing sustainable energy practices across the sector. Under Collawn's leadership since joining TXNM Energy (formerly PNM Resources) in 2010, the company has undergone significant transformation, emphasizing renewable energy integration and carbon-free goals. She has spearheaded initiatives to transition away from coal-fired power plants, investing heavily in solar, wind, and battery storage projects to achieve a net-zero emissions target by 2040. Among her notable achievements, Collawn has driven TXNM's financial growth, with the company consistently delivering strong shareholder returns and earning recognition for corporate responsibility, including accolades from Forbes and Newsweek for sustainability efforts. Her strategic vision has also navigated complex regulatory landscapes, ensuring reliable energy delivery to over 800,000 customers in New Mexico and Texas while fostering community partnerships and economic development. Beyond her role at TXNM, Collawn is actively involved in industry governance, serving on the boards of the Edison Electric Institute and the Electric Power Research Institute. She has been honored with awards such as the Edison Electric Institute's Distinguished Leadership Award and inclusion in Fortune's list of Most Powerful Women in Business. Collawn's commitment to diversity and inclusion is evident in her advocacy for women in STEM fields, and she continues to influence the energy sector's shift toward a cleaner, more resilient future.