Charles S. MacFarlane Salary and Compensation - Otter Tail Corp CEO Salary 2025

In fiscal year 2025, Charles S. MacFarlane, President and Chief Executive Officer of Otter Tail Corp (OTTR), received total compensation of $6.8 million.

Charles S. MacFarlane's compensation breakdown includes: base salary of $868K, bonus of $130K, stock awards valued at $3.1 million, non-equity incentive compensation of $1.5 million, and other compensation of $798K.

Compared to fiscal year 2024, Charles S. MacFarlane's total compensation increased 6% from $6.4 million to $6.8 million.

Otter Tail Corp (OTTR) Executive Pay 2025

Otter Tail Corp's top 5 named executive officers received combined total compensation of $13.7 million in fiscal year 2025.

The named executive officers disclosed in Otter Tail Corp's 2025 proxy statement are:Charles S. MacFarlane (President and Chief Executive Officer) with total compensation of $6.8 million, Timothy J. Rogelstad Sr. (Vice President Electric Platform; President, Otter Tail Power Company) with total compensation of $1.9 million, Todd R.Wahlund (Vice President and Chief Financial Officer) with total compensation of $1.8 million, John S. Abbott Sr. (Vice President Manufacturing Platform; President, Varistar Corporation) with total compensation of $1.6 million, and Jennifer O. Smestad Sr. (Vice President General Counsel and Corporate Secretary) with total compensation of $1.5 million.