Utilities

Otter Tail Corp CEO pay

Charles S. MacFarlane, President and Chief Executive Officer. Fiscal year 2025, as reported to the SEC.

Total compensation

$6.8M

$6,792,688 for fiscal 2025: the Summary Compensation Table total, with stock and option awards at their grant-date value.

Definitive proxy statement, filed 2026-03-02SEC accession number 0001466593-26-000023

In context

The median chief executive among 31 Utilities companies with $1B – $10B in revenue was paid $6.8M. The middle half ranged from $4.2M to $9.7M.

Charles S. MacFarlane's total is at that median.

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Source: Otter Tail Corp's definitive proxy statement (SEC Form DEF 14A), Summary Compensation Table, fiscal year 2025. Figures are as reported by the company and are not adjusted or estimated. Context figures are from CEOSalary's snapshot of SEC filings as of 2026-10-28. Not financial, legal or compensation-consulting advice.