Otter Tail elects Tim Rogelstad President, Tyler Nelson CFO; Wahlund moves to utility president

Otter Tail Corp

Tim Rogelstad elected President of Otter Tail Corp effective April 13, 2026; reports to CEO Chuck MacFarlane.
Todd Wahlund steps down as CFO, elected Senior VP and President of Otter Tail Power Company.
Tyler Nelson elected VP & CFO; previously VP of Finance and Treasurer; CPA.
Rogelstad compensation: base $540K, annual cash incentive 70%, LTIP $1M. Nelson: base $465K, cash 50%, LTIP $250K.
Jennifer Smestad received $500K in restricted stock units vesting April 8, 2031, as retention award.

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