Edward J. (Jim) McIntyre served as the CEO of Otter Tail Corporation from January 2012 until April 2015. He brings a solid background in finance, having previously been the Chief Financial Officer at Xcel Energy, Inc. since 2001. Jim was...

Edward J. (Jim) McIntyre served as the CEO of Otter Tail Corporation from January 2012 until April 2015. He brings a solid background in finance, having previously been the Chief Financial Officer at Xcel Energy, Inc. since 2001. Jim was appointed to Otter Tail's Board of Directors in 2006 and had an interim CEO role before becoming the permanent CEO. During his leadership, he focused on performance-based executive compensation that tied back to key company metrics like earnings-per-share and return on equity, likely to ensure executive actions directly benefited shareholders. His annual salary as CEO started at $600,000, with potential bonuses and stock opportunities tied to performance targets. Jim's strategy appears to reflect a keen understanding of the need for aligning interests among executives and shareholders, which is critical in today's corporate environment. Since he stepped down as CEO, he has transitioned to a Special Advisor role, allowing him to continue influencing the company's future. His journey shows a mix of financial acumen and leadership experience in the energy sector that shaped Otter Tail’s strategies during a transformative time.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Otter Tail CEOs

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Edward J. (Jim) McIntyre

Ex-CEO of Otter Tail

Education

Bachelor's degree in Finance

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

January 1, 1955 - 70 years ago

CEO of Otter Tail for

3 years 3 months (Jan 2012 - Apr 2015)

Previous Experience

Former Vice President and Chief Financial Officer of Xcel Energy, Inc.

Rivals

Competitors/colleagues of Edward J. (Jim) McIntyre

Holdings

See how much did Edward J. (Jim) McIntyre make over time.

As CEO, Jim McIntyre had a stake in Otter Tail’s performance through stock awards. In 2013, he had about 81,400 shares worth approximately $2.4 million at market value. Over the years, his reported holdings fluctuated, reflecting both his leadership role...

As CEO, Jim McIntyre had a stake in Otter Tail’s performance through stock awards. In 2013, he had about 81,400 shares worth approximately $2.4 million at market value. Over the years, his reported holdings fluctuated, reflecting both his leadership role and long-term commitment to the company's growth. In 2015, before stepping down, he held vested stocks that highlighted a significant portion of his wealth was tied up in Otter Tail’s shares, showcasing his investment in aligning his incentives with those of the shareholders. His shareholdings demonstrate a consistent belief in the company’s potential, even as market variances affected their value. This kind of involvement is critical for any CEO as it builds trust with stakeholders and encourages a long-term perspective for the company’s operations.

Mar 18, 2025

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shares

OTTR @ $83.02

Insider Trading

See recent insider trades of Edward J. (Jim) McIntyre.

OTTR

10,300 shares

OTTR

Apr 14, 2014

Received

OTTR

7,500 shares

OTTR

Apr 8, 2013

Received

OTTR

12,300 shares

OTTR

Apr 16, 2012

Received

OTTR

3,000 shares

OTTR

Apr 11, 2011

Received

Compensation History

See how much did Edward J. (Jim) McIntyre make over time.

During his tenure as CEO, Jim McIntyre's compensation package was structured to align with Otter Tail's performance metrics. In 2014, his total compensation reached $1.47 million, which included a base salary of $618,000 and a performance-related bonus of $86,520. His compensation was not only about the salary; it also encompassed stock awards valued at $706,662 that were tied to company success. This structure reflected a philosophy of ensuring that executives are rewarded for strong performance while also encouraging their investment in the company’s future. By prioritizing performance-based pay, McIntyre aimed to create accountability and improve results across the company steadily. This focused approach to pay raises questions about how other CEOs structure their compensation, showing a trend toward tying pay directly to measurable success.

Year

2015

Total Compensation

$658.84K

Salary

$309.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate highly qualified executive officers with a focus on performance-based pay.

Bonus

$36.78K

Board Justification

The bonus was based on the achievement of individual goals established at the beginning of the year, undertaking additional work outside of the scope of their normal responsibilities and individual performance as determined by the Compensation Committee.

Other

$161.86K

Board Justification

Other compensation includes contributions to the Executive Restoration Plus Plan and other benefits.

Restricted Stock

$151.20K(4.8K RSU)

Board Justification

The stock awards granted in 2015 that vested are restricted stock units that vest ratably over a four-year period, with the first quarter vesting on February 6, 2016.

Performance Metrics

The performance metrics for determining the compensation included corporate earnings per share, corporate return on equity, Electric Platform net income, Electric Platform return on equity, and Manufacturing Platform net income.

Other Otter Tail CEOs

Here are other CEOs of Otter Tail

John D. Erickson

Ex-CEO of Otter Tail

April 2007 - September 2011

Charles S. MacFarlane

Ex-CEO of Otter Tail

April 2015 - January 2024