---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-071295"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:19:52.334419+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MGE Energy and MGE elect three new independent directors: Ackerman, Kelly, Rieger

## Summary
- Patricia Ackerman, Daniel Kelly, Angela Rieger elected to boards of MGE Energy and Madison Gas and Electric, effective March 1, 2024.
- Ackerman (Class II, term until 2024 annual meeting); Kelly (Class III, term until 2025); Rieger (Class I, term until 2026).
- All three appointed to Audit and Corporate Governance Committees; each deemed independent under NASDAQ guidelines.
- Ackerman is retired SVP from A.O. Smith; Kelly is retiring C-suite exec from American Family Insurance; Rieger is EVP at Lands' End.

## SEC filing metadata
- accession: 0000950170-23-071295
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000095017023071295/0000950170-23-071295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61339/000095017023071295/mgee-20231215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-071295
- JSON: https://secwatch.observer/filing/0000950170-23-071295.json
- Plain text: https://secwatch.observer/filing/0000950170-23-071295.txt

## Key facts
- Executive change
  Patricia Ackerman was elected as director at MGE ENERGY INC.
  - Action: elected
  - Role: director
  source text: On December 15, 2023, the Boards of Directors of both MGE Energy, Inc. (MGE Energy) and Madison Gas and Electric Company (MGE) elected Patricia Ackerman, Daniel Kelly and Angela Rieger as members of both boards of directors, effective March 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1161728/000095017023071295/0000950170-23-071295-index.htm
- Executive change
  Daniel Kelly was elected as director at MGE ENERGY INC.
  - Action: elected
  - Role: director
  source text: On December 15, 2023, the Boards of Directors of both MGE Energy, Inc. (MGE Energy) and Madison Gas and Electric Company (MGE) elected Patricia Ackerman, Daniel Kelly and Angela Rieger as members of both boards of directors, effective March 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1161728/000095017023071295/0000950170-23-071295-index.htm
- Executive change
  Angela Rieger was elected as director at MGE ENERGY INC.
  - Action: elected
  - Role: director
  source text: On December 15, 2023, the Boards of Directors of both MGE Energy, Inc. (MGE Energy) and Madison Gas and Electric Company (MGE) elected Patricia Ackerman, Daniel Kelly and Angela Rieger as members of both boards of directors, effective March 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1161728/000095017023071295/0000950170-23-071295-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.