MGEE · Mge Energy Inc

$81.24 -0.01 (-0.01%) At close · Aug 19

Market Cap

$2.98B

36.76M

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
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$795,833	—	$1,402,881	—	$865,920	$17,694	$3,613,508
Jared J. Bushek	Vice President, Chief Financial Officer and Treasurer (PFO)	$420,868	—	$582,316	—	$345,044	$113,434	$1,464,884
Cari Anne Renlund	Vice President,	$413,180	—	$273,183	—	$270,607	$102,953	$1,059,923
James J. Lorenz	Vice President, Energy Operations	$328,631	—	$219,156	—	$195,382	$58,846	$987,203
Lynn K. Hobbie	Former Executive Vice President	$389,012	—	$214,485	—	$220,588	$58,427	$910,888

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$758,272	—	$703,219	—	$634,725	$15,745	$2,126,131
Jared J. Bushek	Vice President, Chief Financial Officer and Treasurer (PFO)	$386,819	—	$252,570	—	$277,223	$95,370	$1,015,661
General Counsel	and Secretary	$395,900	—	$206,525	—	$217,234	$93,785	$913,444
Cari Anne Renlund	Vice President,	$395,900	—	$206,525	—	$217,234	$93,785	$913,444
Lynn K. Hobbie	Executive Vice President Marketing Communications	$373,142	—	$195,899	—	$200,711	$11,484	$781,236
James J. Lorenz	Vice President, Energy Operations	$294,786	—	$132,416	—	$173,334	$43,297	$713,592

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$710,710	—	$546,536	—	$559,337	$9,900	$2,566,797
Lynn K. Hobbie	Executive Vice President Marketing Communications	$358,790	—	$199,890	—	$197,270	$9,900	$1,006,937
Tamara J. Johnson	Vice President, Chief Accounting Officer and Controller	$303,197	$136,531	$134,274	—	—	$4,548	$920,228
Cari Anne Renlund	Vice President,	$377,048	$184,846	$187,887	—	—	$82,938	$832,719
General Counsel	and Secretary	$377,048	—	$187,887	—	$184,846	$82,938	$832,719
Jared J. Bushek	Vice President, Chief Financial Officer and Treasurer (PFO)	$347,519	—	$184,206	—	$208,584	$76,358	$820,879

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$671,666	—	$504,032	—	$474,849	$9,150	$1,678,867
General Counsel	and Secretary	$359,093	—	$173,362	—	$175,874	$352,631	$1,060,959
Cari Anne Renlund	Vice President, General Counsel and Secretary	$359,093	$175,874	$173,362	—	—	$352,631	$1,060,959
Jared J. Bushek	Vice President, Chief Financial Officer and Treasurer (PFO)	$307,787	—	$139,492	—	$161,532	$229,761	$843,219
Lynn K. Hobbie	Executive Vice President Marketing Communications	$346,078	—	$187,969	—	$189,501	$9,150	$732,698
Tamara J. Johnson	Vice President, Chief Accounting Officer and Controller	$288,759	$123,748	$123,921	—	—	$4,163	$551,744

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$643,333	$455,512	$494,528	—	—	$8,700	$2,628,028
Lynn K. Hobbie	Executive Vice President Marketing Communications	$335,998	$186,906	$184,672	—	—	$8,700	$1,131,594
Donald D. Peterson	Vice President Energy Technology	$263,567	$111,239	$86,948	—	—	$59,957	$1,074,539
Tamara J. Johnson	Vice President, Chief Accounting Officer and Controller	$276,731	$116,795	$121,787	—	—	$8,302	$791,938
General Counsel	and Secretary	$344,135	$165,993	$170,354	—	—	$43,437	$723,919
Cari Anne Renlund	Vice President, General Counsel and Secretary	$344,135	$165,993	$170,354	—	—	$43,437	$723,919
Jared J. Bushek	Vice President, Chief Financial Officer and Treasurer (PFO)	$277,089	$137,011	$137,139	—	—	$39,569	$595,515

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey C. Newman	Executive Vice President (PFO)	$411,073	$229,530	$200,994	—	—	$288,442	$4,245,112
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$620,000	$432,027	$420,052	—	—	$8,886	$2,711,113
Lynn K. Hobbie	Executive Vice President Marketing Communications	$326,211	$181,858	$159,968	—	—	$8,886	$1,634,514
Donald D. Peterson	Vice President Energy Technology	$255,890	$108,241	$75,262	—	—	$8,013	$975,478
Tamara J. Johnson	Vice President Accounting and Controller	$253,092	$110,798	$86,338	—	—	$4,624	$914,234
Cari Anne Renlund	Vice President, General Counsel and Secretary	$317,667	$157,469	$135,170	—	—	$37,557	$647,863
Jared J. Bushek	Vice President Finance, Chief Information Officer and Treasurer (PFO)	$253,609	$126,791	$86,490	—	—	$34,975	$506,064

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President and Chief Executive Officer (PEO)	$591,667	$412,425	$345,015	—	—	$8,736	$2,381,012
Jeffrey C. Newman	Executive Vice President (PFO)	$396,550	$220,895	$154,520	—	—	$8,736	$1,733,704
Lynn K. Hobbie	Executive Vice President	$316,210	$175,866	$123,601	—	—	$8,736	$1,513,084
Donald D. Peterson	Vice President Energy Technology	$247,072	$101,208	$57,063	—	—	$7,745	$841,287
Cari Anne Renlund	Vice President, General Counsel and Secretary	$295,533	$143,442	$100,163	—	—	$36,196	$575,334
Jared J. Bushek	Vice President Finance, Chief Information Officer and Treasurer (PFO)	—	—	—	—	—	—	—
Tamara J. Johnson	Vice President Accounting and Controller	—	—	—	—	—	—	—

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President, and Chief Executive Officer (PEO)	$520,837	$411,125	$285,032	—	—	$8,586	$1,501,606
Jeffrey C. Newman	Executive Vice President (PFO)	$382,509	$220,935	$150,043	—	—	$8,586	$896,122
Lynn K. Hobbie	Executive Vice President - Marketing and Communications	$306,008	$175,512	$120,059	—	—	$8,586	$775,983
Marketing Communications	—	$306,008	$175,512	$120,059	—	—	$8,586	$775,983
Cari Anne Renlund	Vice President General Counsel and Secretary	$282,334	$142,142	$96,270	—	—	$34,894	$555,640
Jared J. Bushek	Vice President Finance, Chief Information Officer and Treasurer (PFO)	—	—	—	—	—	—	—
Tamara J. Johnson	Vice President Accounting and Controller	—	—	—	—	—	—	—
Donald D. Peterson	Vice President - Energy Technology	—	—	—	—	—	—	—

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey M. Keebler	Chairman, President, and Chief Executive Officer (PEO)	$440,256	$338,686	$285,018	—	—	$8,436	$1,558,941
Jeffrey C. Newman	Executive Vice President, Chief Financial Officer, Secretary and Treasurer (PFO)	$367,807	$213,907	$150,024	—	—	$8,436	$1,287,627
Lynn K. Hobbie	Executive Vice President - Marketing and Communications	$296,304	$171,126	$120,034	—	—	$8,436	$1,200,803
General Counsel	—	$272,502	$137,257	$96,282	—	—	$33,592	$539,633
Donald D. Peterson	Vice President - Energy Technology	—	—	—	—	—	—	—

Executive changes

Person	Role	Change	Effective	Filed
John T. Robson	Vice President – Energy Operations	Appointed	2027-01-01	2026-06-23
Jared Bushek	Executive Vice President – Chief Financial Officer and Treasurer	Appointed	2026-05-01	2026-04-21
Jenny Lagerwall	Chief Accounting Officer	Appointed	2024-07-01	2024-02-21
Tamara Johnson	Vice President, Chief Accounting Officer and Controller	Retired	2024-06-30	2024-02-21
Angela Rieger	member of both boards of directors	Appointed	2024-03-01	2023-12-19
Daniel Kelly	member of both boards of directors	Appointed	2024-03-01	2023-12-19
Patricia Ackerman	member of both boards of directors	Appointed	2024-03-01	2023-12-19
Noble L. Wray	member of both Boards of Directors	Appointed	2021-09-01	2021-10-15
F. Curtis Hastings	Board of Directors	Retired	2021-10-31	2021-10-15
Noble L. Wray	member of both boards of directors	Appointed	2021-09-01	2021-07-21
James Lorenz	Vice President – Energy Operations	Appointed	2021-05-01	2021-04-21

Key facts CIK 1161728 CUSIP 55277P104 13F (30d) 305 filings 293 filers Visit website Investor relations