---
schema_version: "secwatch.filing_event.v1"
accession: "0001466593-22-000084"
form_type: "8-K"
ticker: "OTTR"
cik: "0001466593"
company_name: "Otter Tail Corp"
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-20T23:59:50.431383+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Otter Tail appoints Jeanne Crain and Mary Ludford to board; James Stake to retire

## Summary
- Jeanne Crain, CEO of a $16B financial services firm, appointed to Audit and Compensation Committees.
- Mary Ludford, 39-year energy industry veteran, appointed to Audit and Corporate Governance Committees.
- James Stake, board member since 2008, will retire after April 2023 annual meeting.
- New directors receive $76K annual retainer and restricted stock grants vesting over three years.
- Appointments effective January 1, 2023; Crain stands for election at 2023 meeting, Ludford at 2024.

## SEC filing metadata
- accession: 0001466593-22-000084
- form_type: 8-K
- ticker: OTTR
- cik: 0001466593
- company_name: Otter Tail Corp
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000084/0001466593-22-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000084/ottr-20221221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466593-22-000084
- JSON: https://secwatch.observer/filing/0001466593-22-000084.json
- Plain text: https://secwatch.observer/filing/0001466593-22-000084.txt

## Key facts
- Executive change
  Mary Ludford was appointed as Director at Otter Tail Corp.
  - Action: appointed
  - Role: Director
  source text: On December 21, 2022, the Otter Tail Corporation (the “Corporation”) Board of Directors appointed Ms. Jeanne Crain and Ms. Mary Ludford to serve as members of the Board of Directors, effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000084/0001466593-22-000084-index.htm
- Executive change
  Jeanne Crain was appointed as Director at Otter Tail Corp.
  - Action: appointed
  - Role: Director
  source text: On December 21, 2022, the Otter Tail Corporation (the “Corporation”) Board of Directors appointed Ms. Jeanne Crain and Ms. Mary Ludford to serve as members of the Board of Directors, effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000084/0001466593-22-000084-index.htm

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