OTTER TAIL CORP (OTTR)
Sector: Utilities
Sector: Utilities
OTTER TAIL CORP - Executive Compensation
President and Chief Executive Officer
Executive Compensation
Charles S. MacFarlane serves as the President and Chief Executive Officer of Otter Tail Corporation, a diversified company with operations in manufacturing and energy services. MacFarlane has been with Otter Tail since 2005, initially joining the company as Vice President of Corporate Development. Over the years, he has climbed the ranks, taking on increasing responsibilities and demonstrating a keen ability to drive strategic growth. In 2015, he was appointed President and CEO, a testament to his leadership and vision for the company. Prior to joining Otter Tail Corporation, MacFarlane held various executive positions in the energy and utility sectors. He worked at companies such as DTE Energy and Wisconsin Public Service Corporation, where he honed his skills in strategic planning, mergers and acquisitions, and operational management. MacFarlane holds a Bachelor of Science degree in Mechanical Engineering from Michigan State University and an MBA from the University of Michigan. His technical background, combined with his business acumen, has been instrumental in guiding Otter Tail through a period of significant transformation and growth. Under MacFarlane's leadership, Otter Tail Corporation has focused on optimizing its portfolio of businesses, emphasizing sustainable growth and operational efficiency. He has overseen the company's expansion into new markets and the divestiture of non-core assets, positioning Otter Tail for long-term success. MacFarlane's strategic vision and commitment to excellence have earned him recognition within the industry, and he continues to lead Otter Tail with a focus on innovation, customer service, and shareholder value.