Jeffrey M. Keebler Salary and Compensation - MGE ENERGY INC CEO Salary 2025

In fiscal year 2025, Jeffrey M. Keebler, Chairman President and Chief Executive Officer (PEO) of MGE ENERGY INC (MGEE), received total compensation of $3.6 million.

Jeffrey M. Keebler's compensation breakdown includes: base salary of $796K, stock awards valued at $1.4 million, non-equity incentive compensation of $866K, and other compensation of $18K.

Compared to fiscal year 2024, Jeffrey M. Keebler's total compensation increased 70% from $2.1 million to $3.6 million.

MGE ENERGY INC (MGEE) Executive Pay 2025

MGE ENERGY INC's top 5 named executive officers received combined total compensation of $8.0 million in fiscal year 2025.

The named executive officers disclosed in MGE ENERGY INC's 2025 proxy statement are:Jeffrey M. Keebler (Chairman President and Chief Executive Officer (PEO)) with total compensation of $3.6 million, Jared J. Bushek (Vice President Chief Financial Officer and Treasurer) with total compensation of $1.5 million, Cari Anne Renlund (Vice President General Counsel and Secretary) with total compensation of $1.1 million, James J. Lorenz (Vice President Energy Operations) with total compensation of $987K, and Lynn K. Hobbie (Former Executive Vice President) with total compensation of $911K.