OTTR · Otter Tail Corp
$92.87
+0.00 (+0.00%)
At close · Aug 14
Market Cap
$3.90B
Shares
41.99M
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 | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $6,792,688 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,941,776 |
| Todd Wahlund | Vice President and Chief Financial Officer | $1,764,196 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,642,628 |
| Jennifer O. Smestad | Sr. Vice President, General Counsel and Corporate Secretary | $1,509,692 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $6,388,314 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,706,252 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,594,300 |
| Todd Wahlund | Vice President and Chief Financial Officer | $1,527,659 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $1,409,301 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $5,823,726 |
| Kevin G. Moug | Sr. Vice President and Chief Financial Officer | $1,754,521 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,635,900 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,486,524 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $1,280,600 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $5,059,578 |
| Kevin G. Moug | Sr. Vice President and Chief Financial Officer | $1,565,315 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,363,811 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,341,775 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $1,070,068 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $4,732,251 |
| Kevin G. Moug | Sr. Vice President and Chief Financial Officer | $2,081,411 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,284,919 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,159,118 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $1,121,915 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $5,126,043 |
| Kevin G. Moug | Sr. Vice President and Chief Financial Officer | $1,834,987 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,777,053 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $1,299,001 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,125,404 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $5,758,533 |
| Kevin G. Moug | Sr. Vice President and Chief Financial Officer | $1,984,573 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $1,982,599 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $1,136,947 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,008,947 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Charles MacFarlane | President and Chief Executive Officer | $3,341,624 |
| Kevin G. Moug | Sr. Vice President and Chief Financial Officer | $1,273,403 |
| John S. Abbott | Sr. Vice President, Manufacturing Platform; President, Varistar Corporation | $1,043,043 |
| Timothy J. Rogelstad | Sr. Vice President, Electric Platform; President, Otter Tail Power Company | $922,489 |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary | $838,277 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Todd Wahlund | Chief Financial Officer | Resigned | 2026-04-14 |
| Todd Wahlund | Senior Vice President, President of Otter Tail Power Company | Appointed | 2026-04-14 |
| Tyler Nelson | Vice President, Chief Financial Officer of the Company | Appointed | 2026-04-14 |
| Charles MacFarlane | President | Resigned | 2026-04-14 |
| Tim Rogelstad | President of the Company | Appointed | 2026-04-14 |
| Steve P. Rasche | Board of Directors | Appointed | 2025-12-18 |
| Christopher B. Clark | Board of Directors | Appointed | 2025-12-18 |
| Karen M. Bohn | Board of Directors | Retired | 2024-01-29 |
| Todd Wahlund | Vice President and Chief Financial Officer | Appointed | 2023-10-04 |
| Kevin Moug | Chief Financial Officer and Senior Vice President | Retired | 2023-10-04 |
| Jeanne H. Crain | Director | Appointed | 2023-04-19 |
| Nathan I. Partain | Director | Appointed | 2023-04-19 |
| John D. Erickson | Director | Appointed | 2023-04-19 |
| Mary Ludford | member of the Board of Directors | Appointed | 2022-12-22 |
| James Stake | independent Board member | Retired | 2022-12-22 |
| Jeanne Crain | member of the Board of Directors | Appointed | 2022-12-22 |
Key facts
CIK
1466593
CUSIP
689648103
13F (30d)
337 filings
318 filers
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