BKH · Black Hills Corp · Executive Compensation

$85.98 +1.11 (+1.30%) Play latest call Q3 2026 earnings call transcript

S&P 400 member Russell 2000 member Rebalance outlook locked

Market Cap

$6.49B

76.52M

Volume · Nov 9 92.8K Avg daily vol (3M) 1.13M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linden R. Evans	President and Chief Executive Officer	$995,594	—	$2,966,688	—	$1,294,886	$730,412	$5,991,759
Kimberly Nooney	Sr. Vice President and Chief Financial Officer	$487,356	—	$2,026,226	—	$403,243	$259,363	$3,192,320
Kimberly F. Nooney	Sr. Vice President and Chief Financial Officer	$487,356	—	$2,026,226	—	$403,243	$259,363	$3,192,320
Marne Jones	—	$486,475	—	$1,622,365	—	$402,287	$225,648	$2,742,599
Marne M. Jones	Sr. Vice President and Chief Utility Officer	$486,475	—	$1,622,365	—	$402,287	$225,648	$2,742,599
Phillip Casey	Former Sr. Vice President, General Counsel and Chief Compliance Officer	$119,097	—	$676,876	—	—	$465,778	$1,261,751
Sarah A. Wiltse	Sr. Vice President and Chief Human Resources Officer	$362,766	—	$306,867	—	$214,532	$141,420	$1,025,585
Don Redden	Sr. Vice President and Chief Information and Transformation Officer	$176,322	$50,000	$304,596	—	$97,680	$55,776	$684,374
Median Employee	—	$98,216	—	—	—	$11,988	$14,732	$129,748

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linden R. Evans	President and Chief Executive Officer	$978,846	—	$3,000,463	—	$1,019,958	$787,874	$5,787,141
Kimberly Nooney	Sr. Vice President and Chief Financial Officer	$474,615	—	$672,507	—	$321,457	$193,360	$1,661,939
Kimberly F. Nooney	Sr. Vice President and Chief Financial Officer	$474,615	—	$672,507	—	$321,457	$193,360	$1,661,939
Marne Jones	—	$462,692	—	$491,443	—	$289,275	$170,745	$1,414,155
Marne M. Jones	Sr. Vice President - Utilities	$462,692	—	$491,443	—	$289,275	$170,745	$1,414,155
Brian G. Iverson	Former Sr. Vice President, General Counsel and Chief Compliance Officer	$377,146	—	$620,777	—	$191,179	$156,589	$1,345,691
Erik D. Keller	Former Sr. Vice President - Chief Information Officer	$395,423	—	$310,393	—	$206,015	$135,429	$1,047,260
Sarah A. Wiltse	Sr. Vice President and Chief Human Resources Officer	$53,846	$100,000	$204,950	—	—	$12,115	$370,911
Phillip Casey	Former Sr. Vice President, General Counsel and Chief Compliance Officer	$54,103	$100,000	—	—	—	$1,869	$155,972
Median Employee	—	$101,026	—	—	—	$10,656	$6,721	$122,794

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linden R. Evans	President and Chief Executive Officer	$893,333	—	$2,729,666	—	$1,372,785	$607,725	$5,639,002
Brian G. Iverson	Former Sr. Vice President, General Counsel and Chief Compliance Officer	$430,167	—	$606,568	—	$462,726	$163,506	$1,673,372
Kimberly Nooney	Sr. Vice President and Chief Financial Officer	$429,167	—	$606,568	—	$395,700	$144,083	$1,589,283
Kimberly F. Nooney	Sr. Vice President and Chief Financial Officer	$429,167	—	$606,568	—	$395,700	$144,083	$1,589,283
Marne M. Jones	Sr. Vice President - Utilities	$388,333	—	$252,767	—	$328,214	$123,906	$1,098,188
Marne Jones	—	$388,333	—	$252,767	—	$328,214	$123,906	$1,098,188
Erik D. Keller	Former Sr. Vice President - Chief Information Officer	$365,667	—	$303,274	—	$280,960	$117,496	$1,067,397
Richard Kinzley	Former Sr. Vice President and Chief Financial Officer	$236,000	—	—	—	—	$277,783	$513,783
Median Employee	—	$91,667	—	—	—	$6,453	$5,891	$104,011

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linden R. Evans	President and Chief Executive Officer	$854,167	—	$2,394,776	—	$610,559	$627,046	$4,486,548
Richard Kinzley	Former Sr. Vice President and Chief Financial Officer	$469,000	—	$650,723	—	$234,669	$268,377	$1,622,769
Brian G. Iverson	Former Sr. Vice President, General Counsel and Chief Compliance Officer	$413,333	—	$624,682	—	$177,270	$164,183	$1,379,468
Erik D. Keller	Former Sr. Vice President - Chief Information Officer	$351,667	—	$312,337	—	$125,686	$109,753	$899,443
Median Employee	—	$98,082	—	—	—	$2,823	$14,754	$115,659

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linden R. Evans	President and Chief Executive Officer	$819,167	—	$2,238,529	—	$708,252	$674,960	$4,440,908
Richard Kinzley	Former Sr. Vice President and Chief Financial Officer	$454,000	—	$650,687	—	$274,770	$282,323	$1,661,780
Stuart A. Wevik	Sr. Vice President - Utility Operations	$422,000	—	$494,536	—	$255,403	$114,904	$1,436,655
Brian G. Iverson	Sr. Vice President, General Counsel and Chief Compliance Officer	$397,667	—	$510,213	—	$206,294	$170,934	$1,285,108
Erik D. Keller	Sr. Vice President - Chief Information Officer	$338,333	—	$260,251	—	$146,261	$146,667	$891,512
Median Employee	—	$93,242	—	—	—	$2,619	$14,079	$109,940

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linden R. Evans	President and Chief Executive Officer	$783,333	—	$1,820,599	—	$936,632	$601,450	$4,221,114
Scott A. Buchholz	Sr. Vice President - Strategic Initiatives	$340,000	—	$246,233	—	$223,596	$129,896	$1,709,216
Richard Kinzley	Sr. Vice President and Chief Financial Officer	$448,333	—	$538,547	—	$348,447	$263,528	$1,650,800
Stuart A. Wevik	Sr. Vice President - Utility Operations	$398,601	—	$410,333	—	$333,625	$121,870	$1,636,362
Brian G. Iverson	Sr. Vice President, General Counsel and Chief Compliance Officer	$384,167	—	$425,583	—	$275,609	$157,216	$1,265,914

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David R. Emery	Executive Chairman	$1,220,000	—	—	—	—	$112,009	$5,455,069
Linden R. Evans	President and Chief Executive Officer	$713,333	—	$1,541,811	—	$800,400	$473,600	$3,639,302
Scott A. Buchholz	Sr. Vice President - Strategic Initiatives	$336,667	—	$246,720	—	$181,424	$134,089	$1,655,225
Richard Kinzley	Sr. Vice President and Chief Financial Officer	$413,500	—	$524,220	—	$291,346	$254,366	$1,552,063
Brian G. Iverson	Sr. Vice President, General Counsel and Chief Compliance Officer	$370,833	—	$400,825	—	$240,120	$156,990	$1,200,695
Median Employee	—	$80,684	—	—	—	$7,319	$5,626	$93,629

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David R. Emery	Executive Chairman	$820,000	—	$1,943,679	—	$1,196,503	$140,256	$4,623,698
Linden R. Evans	President and Chief Executive Officer	$530,000	—	$859,369	—	$492,132	$306,330	$2,187,831
Richard Kinzley	Sr. Vice President and Chief Financial Officer	$381,000	—	$491,036	—	$303,238	$195,249	$1,370,523
Brian G. Iverson	Sr. Vice President and General Counsel	$350,000	—	$383,678	—	$255,351	$123,852	$1,112,881
Scott A. Buchholz	Sr. Vice President - Strategic Initiatives	$320,000	—	$245,514	—	$212,240	$111,285	$927,804

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David R. Emery	Executive Chairman	$812,000	—	$1,942,843	—	$560,232	$92,930	$5,563,935
Linden R. Evans	President and Chief Executive Officer	$523,333	—	$818,045	—	$230,428	$385,948	$2,017,385
Richard Kinzley	Sr. Vice President and Chief Financial Officer	$378,000	—	$465,256	—	$141,983	$250,572	$1,272,410
Scott A. Buchholz	Sr. Vice President and Chief Information Officer	$317,500	—	$235,193	—	$99,376	$133,407	$1,151,711
Brian G. Iverson	Sr. Vice President and General Counsel	$346,667	—	$357,856	—	$97,823	$145,405	$965,487

Executive changes

Person	Role	Change	Effective	Filed
Linn Evans	Chief Executive Officer of Black Hills	Retired	—	2025-08-19
Brian Bird	Chief Executive Officer of the combined company	Appointed	—	2025-08-19
Steven Mills	Chair of the combined company’s board of directors	Appointed	—	2025-08-19
Crystal Lail	Chief Financial Officer	Appointed	—	2025-08-19
Kimberly Nooney	Chief Integration Officer	Appointed	—	2025-08-19
Brian B. Bird	Chief Executive Officer	Appointed	—	2025-08-19
Marne Jones	Chief Operating Officer	Appointed	—	2025-08-19
Linden R. Evans	Chief Executive Officer of Black Hills	Retired	—	2025-08-19
Erik Keller	Senior Vice President and Chief Information Officer	Resigned	2025-02-28	2025-02-07
Mark A. Schober	Director (and Audit Committee Chair)	Retired	2025-04-23	2024-11-01
Brian Iverson	Senior Vice President, General Counsel and Chief Compliance Officer	Resigned	2024-09-06	2024-08-12
Todd Jacobs	senior vice president growth and strategy	Appointed	2023-06-15	2023-06-15
Tom Stevens	vice president and treasurer	Appointed	2023-06-15	2023-06-15
Marne M. Jones	Senior Vice President - Utilities	Appointed	2023-06-15	2023-06-15
Kimberly F. Nooney	Senior Vice President, Chief Financial Officer and Treasurer	Appointed	2023-04-01	2022-10-27

Leadership

Brian B. Bird CEO
Brian Bird CEO, Board Member
Linden R. Evans CEO
David R. Emery Chairman
Steven Mills Chairman
Crystal D. Lail CFO
Crystal Lail CFO
Kimberly F. Nooney CFO
Kimberly Nooney CFO
Marne Jones COO
Marne M. Jones COO
Scott A. Buchholz CIO
Phillip Casey General Counsel
Anne G. Waleski Board Member
Linda Sullivan Board Member
Scott M. Prochazka Board Member
Teresa A. Taylor Board Member

Key facts CIK 1130464 CUSIP 092113109 13F (30d) 229 filings 206 filers Visit website Investor relations