This study assesses towhat extent emotional intelligence as ability (EI) can predict transformational leadership. Norwegian executives (N = 104) completedmeasures of personality (NEO PI-R) and EI (MSCEIT) and were rated on transformational leadership (MLQ 5X) by subordinates (N = 459). This study improves upon previous studies in threeways: First because the validity and reliability of the scores fromMSCEIT has been questioned an alternative set of scales fromMSCEITwere included which provide reliable and interpretable scores (Føllesdal & Hagtvet 2009). Second in addition to personality generalmental ability (GMA)was controlled for by utilizing Monte Carlo studies. Third a multilevel approach was used to analyze the scores due to their hierarchical structure. Neither the four branch scores nor the Total EI score from MSCEIT predicted transformational leadership. A suppression effectwas found however among two subscales fromPerceiving Emotions. The validity of scores from MSCEIT is questioned.