In 2023, Bethany M. Owen earned $1.25M in total compensation at ALLETE, including $753.89K salary and $124.86K in stock. Most recently acquired 8,440 shares in Feb 2025. Currently holds stock worth $2.82M. 5+ years at the helm of ALLETE.
Compensation History
Annual executive compensation data for Bethany M. Owen, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.25M
Salary
$753.89K
Bonus
$0.00
Other
$372.00K
Salary
$753.89KBoard Justification
The compensation philosophy is designed to align the interests of executives with those of shareholders, focusing on performance-based metrics and market competitiveness.
Bonus
$0.00Board Justification
No bonus was reported for 2023 as it is not applicable to the CEO's compensation structure.
Other Compensation
$372.00KBoard Justification
This includes contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
The RSUs granted in 2021 vested on December 31, 2023, and were paid in Common Stock on February 9, 2023.
Performance Metrics
The performance metrics include annual financial targets, strategic goals, operational objectives, and safety goals.
Bethany M. Owen
CEO of ALLETE
Education
Juris Doctor from the University of Minnesota Law School
Field of Expertise
Legal & Compliance - Law
Sector of Economy
Utilities
Born
January 1, 1965 - 60 years ago
CEO of ALLETE for
5 years 10 months (Feb 2020 - Present)
Previous Experience
President of Superior Water, Light and Power Company, Senior Vice President and Chief Legal and Administrative Officer at ALLETE, Inc.
Other ALLETE CEOs
Holdings
Track Bethany M. Owen's stock holdings and portfolio value over time.
Insider Trading
Bethany M. Owen's recent stock transactions, purchases, and sales filed with the SEC.
8,440.48 shares
ALE
Feb 5, 2025
Received
20,256 shares
ALE
Jan 29, 2025
Received
14,107.9 shares
ALE
Feb 7, 2024
Received
5,723 shares
ALE
Jan 25, 2024
Received
3,875 shares
ALE
Feb 2, 2023
Received
3,203 shares
ALE
Feb 1, 2022
Received
2,825 shares
ALE
Feb 2, 2021
Received
3,550.04 shares
ALE
Jan 30, 2020
Received
2,231.75 shares
ALE
Jan 30, 2019
Received
1,050.12 shares
ALE
Feb 1, 2018
Received
Rivals
Compare Bethany M. Owen with competitor CEOs and industry peers.
David A. Campbell
CEO of Evergy
2023 Compensation
Stock
$940.54K
Salary
$1.06M
Bonus
$0.00
Other
$60.80K
Total Holdings
$17.47M
Lloyd Yates
CEO of NiSource
2023 Compensation
Stock
$0.00
Salary
$1.04M
Bonus
$2.50M
Other
$466.59K
Total Holdings
$4.96M
Sean Trauschke
CEO of OGE Energy
2023 Compensation
Stock
$0.00
Salary
$1.16M
Bonus
$1.49M
Other
$154.25K
Total Holdings
$89.92K