TXNM Energy Executive and Leadership Team

October, 2026

Leadership Overview

TXNM Energy has 7 executives leading key functions including strategy, financial oversight, regional operations, and administrative management.

Committed to reliable power delivery across the Southwest, TXNM Energy drives sustainable energy solutions through diverse generation assets and regulated transmission infrastructure to support residential, commercial, and industrial growth.

Leadership Roles at TXNM Energy

  • President & Chief Executive Officer - Don Tarry
  • Senior Vice President & Chief Financial Officer - Henry Monroy
  • Executive Vice President & Chief Financial Officer - Chuck Eldred
  • Chief of Staff & President, Office of & Regional Director, Markets & Transmission Strategy - Kelsey Martinez
  • President, Texas-New Power Company (Mexico) - Neal Walker
  • Vice President & Chief Information Officer - Sheila Mendez
  • Senior Vice President and Chief Administrative Officer - Alice Cobb
  • Don Tarry - President & Chief Executive Officer

    Don Tarry, the President & Chief Executive Officer at TXNM Energy, directs the overarching strategic vision for the entire organization. Tarry manages the complex integration of generation, transmission, and distribution assets across New Mexico and Texas. By aligning corporate objectives with regulatory requirements, the President & Chief Executive Officer ensures consistent service delivery to diverse customer bases. Tarry oversees the transition toward renewable energy sources, including solar, wind, and battery storage, while maintaining grid reliability. This leadership role involves constant engagement with the Board to optimize capital allocation and long-term growth. Don Tarry maintains a focus on operational excellence, driving efficiency across all utility segments. Through rigorous oversight of the PNM and TNMP business units, the President & Chief Executive Officer secures the company's position as a leader in the regional energy market.
    Don Tarry

    Henry Monroy - Senior Vice President & Chief Financial Officer

    Henry Monroy, the Senior Vice President & Chief Financial Officer at TXNM Energy, manages the financial health and fiscal strategy of the organization. Monroy directs capital planning, investor relations, and financial reporting to support the company's extensive infrastructure investments. The Senior Vice President & Chief Financial Officer monitors the economic performance of both the PNM and TNMP segments, ensuring alignment with regulatory rate structures. By optimizing the balance sheet, Monroy facilitates the funding of critical energy projects, including renewable energy integration and grid modernization. Henry Monroy collaborates with executive leadership to mitigate financial risks associated with fuel procurement and market volatility. This role involves maintaining strong relationships with capital markets to secure favorable financing for ongoing operations. Through disciplined fiscal management, the Senior Vice President & Chief Financial Officer sustains the financial stability required to serve residential and industrial customers across the service territory.
    Henry Monroy

    Chuck Eldred - Executive Vice President & Chief Financial Officer

    Chuck Eldred, the Executive Vice President & Chief Financial Officer at TXNM Energy, drives the strategic financial planning and corporate development efforts. Eldred manages the long-term financial forecasting and risk management frameworks that underpin the company's investment in generation assets. The Executive Vice President & Chief Financial Officer evaluates the economic viability of new energy projects, including battery storage and geothermal initiatives. By overseeing the treasury and tax functions, Eldred ensures the company maintains a robust capital structure. Chuck Eldred works closely with the Board to communicate financial performance and strategic priorities to stakeholders. This leadership role involves optimizing the cost of capital to support the ongoing maintenance of transmission and distribution facilities. Through rigorous financial oversight, the Executive Vice President & Chief Financial Officer enables the company to meet the evolving energy needs of residential and commercial customers while delivering consistent value.
    Chuck Eldred

    Kelsey Martinez - Chief of Staff & President, Office of & Regional Director, Markets & Transmission Strategy

    Kelsey Martinez, the Chief of Staff & President, Office of & Regional Director, Markets & Transmission Strategy at TXNM Energy, coordinates high-level strategic initiatives across the enterprise. Martinez directs the development of transmission policies and market engagement strategies to enhance grid connectivity. The Chief of Staff & President, Office of & Regional Director, Markets & Transmission Strategy manages the interface between internal operations and external regulatory bodies to ensure efficient energy flow. By analyzing market trends, Martinez supports the expansion of transmission capacity to accommodate growing industrial demand. Kelsey Martinez facilitates communication between the executive team and operational departments to streamline decision-making processes. This leadership role involves architecting long-term transmission strategies that align with the company's broader energy goals. Through proactive management of market dynamics, the Chief of Staff & President, Office of & Regional Director, Markets & Transmission Strategy strengthens the company's competitive standing in the regional energy landscape.

    Neal Walker - President, Texas-New Power Company (Mexico)

    Neal Walker, the President, Texas-New Power Company (Mexico) at TXNM Energy, oversees the operational performance and service delivery within the TNMP segment. Walker directs the maintenance and expansion of transmission and distribution infrastructure across the designated service territory. The President, Texas-New Power Company (Mexico) manages the daily operations of service facilities and the deployment of field crews to ensure reliable electricity delivery. By focusing on grid reliability and customer satisfaction, Walker drives operational improvements that benefit residential and industrial end-users. Neal Walker coordinates with regulatory agencies to ensure compliance with regional energy standards and safety protocols. This leadership role involves managing the logistics of vehicle fleets and equipment necessary for maintaining the distribution network. Through dedicated focus on regional operational excellence, the President, Texas-New Power Company (Mexico) sustains the high service standards expected by customers throughout the Texas and New Mexico service areas.
    Neal Walker

    Sheila Mendez - Vice President & Chief Information Officer

    Sheila Mendez, the Vice President & Chief Information Officer at TXNM Energy, leads the digital transformation and technology infrastructure strategy. Mendez directs the implementation of secure, scalable systems that support grid operations and customer service platforms. The Vice President & Chief Information Officer oversees cybersecurity initiatives to protect critical energy infrastructure from evolving digital threats. By integrating advanced data analytics, Mendez improves the efficiency of transmission and distribution monitoring across the service territory. Sheila Mendez collaborates with other C-suite leaders to ensure technology investments directly support business objectives, such as renewable energy integration and operational reliability. This role involves managing the enterprise-wide IT architecture to facilitate seamless communication between office locations and field facilities. Through the deployment of innovative digital solutions, the Vice President & Chief Information Officer enhances the overall responsiveness and resilience of the company's energy delivery systems.

    Alice Cobb - Senior Vice President and Chief Administrative Officer

    Alice Cobb, the Senior Vice President and Chief Administrative Officer at TXNM Energy, directs the internal support functions and organizational development strategies. Cobb manages human resources, corporate communications, and facilities management to ensure a cohesive work environment. The Senior Vice President and Chief Administrative Officer oversees the alignment of corporate culture with the company's mission of providing reliable energy services. By implementing talent management programs, Cobb supports the recruitment and retention of skilled professionals necessary for utility operations. Alice Cobb facilitates cross-departmental collaboration to improve internal processes and operational efficiency. This leadership role involves managing real estate assets and office space to support the company's regional presence. Through the optimization of administrative functions, the Senior Vice President and Chief Administrative Officer provides the foundational support required for the company to effectively serve its diverse customer base across the Southwest.

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    Frequently Asked Questions Regarding TXNM Energy Top Executives and Leadership Team

    Who leads TXNM Energy?
    TXNM Energy is led by Don Tarry (President & Chief Executive Officer), along with executives such as Henry Monroy (Senior Vice President & Chief Financial Officer) and Chuck Eldred (Executive Vice President & Chief Financial Officer).
    Who is part of TXNM Energy’s executive team?
    The executive team of TXNM Energy includes leaders such as Don Tarry (President & Chief Executive Officer), Henry Monroy (Senior Vice President & Chief Financial Officer), Chuck Eldred (Executive Vice President & Chief Financial Officer) and other senior executives.
    How many executives does TXNM Energy have?
    TXNM Energy has 7 executives leading key business areas.
    What roles are included in TXNM Energy’s leadership team?
    The leadership team of TXNM Energy includes roles such as President & Chief Executive Officer, Senior Vice President & Chief Financial Officer, Executive Vice President & Chief Financial Officer, Chief of Staff & President, Office of & Regional Director, Markets & Transmission Strategy, President, Texas-New Power Company (Mexico).