secwatch.observer — SEC 8-K summary
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Issuer:     Otter Tail Corp (OTTR)
CIK:        0001466593
Form:       8-K
Filed at:   2026-04-14T23:59:59+00:00
Accession:  0001466593-26-000037
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466593/000146659326000037/0001466593-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466593/000146659326000037/ottr-20260413.htm
  HTML page:      https://secwatch.observer/filing/0001466593-26-000037

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