other
confidence high
sentiment neutral
materiality 0.15
Otter Tail Board sets annual advisory vote on executive compensation after shareholder recommendation
Otter Tail Corp
- At April 17, 2023 annual meeting, shareholders recommended via advisory vote that future say-on-pay votes be held annually.
- On June 15, 2023, Board of Directors determined to hold advisory votes on executive compensation every year until next required vote on frequency.
- Decision aligns with previous Board recommendation and shareholder advisory vote results.