In 2015, Edward J. (Jim) McIntyre earned $658.84K in total compensation at Otter Tail, including $309.00K salary, $36.78K bonus and $151.20K in stock. Most recently acquired 10,300 shares in Apr 2014. Currently holds stock worth $4.82M. Led Otter Tail as CEO for 3 years.
Compensation History
Annual executive compensation data for Edward J. (Jim) McIntyre, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$658.84K
Salary
$309.00K
Bonus
$36.78K
Other
$161.86K
Salary
$309.00KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate highly qualified executive officers with a focus on performance-based pay.
Bonus
$36.78KBoard 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 Compensation
$161.86KBoard Justification
Other compensation includes contributions to the Executive Restoration Plus Plan and other benefits.
Restricted Stock
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.
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.
Holdings
Track Edward J. (Jim) McIntyre's stock holdings and portfolio value over time.
Insider Trading
Edward J. (Jim) McIntyre's recent stock transactions, purchases, and sales filed with the SEC.
10,300 shares
OTTR
Apr 14, 2014
Received
7,500 shares
OTTR
Apr 8, 2013
Received
12,300 shares
OTTR
Apr 16, 2012
Received
3,000 shares
OTTR
Apr 11, 2011
Received
Rivals
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