secwatch.observer — SEC 8-K summary
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Issuer:     Otter Tail Corp (OTTR)
CIK:        0001466593
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001466593-22-000084
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466593/000146659322000084/0001466593-22-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466593/000146659322000084/ottr-20221221.htm
  HTML page:      https://secwatch.observer/filing/0001466593-22-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer