In 2011, John D. Erickson earned $1.42M in total compensation at Otter Tail, including $469.58K salary and $794.05K bonus. Most recently acquired 1,500 shares in Apr 2024. Currently holds stock worth $470.85K. Has donated $3.10M in stock to charitable causes. Led Otter Tail as CEO for 4 years.
Compensation History
Annual executive compensation data for John D. Erickson, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$1.42M
Salary
$469.58K
Bonus
$794.05K
Other
$159.24K
Salary
$469.58KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate executives by aligning their compensation with performance metrics and shareholder interests.
Bonus
$794.05KBoard Justification
The bonus was based on the performance of Otter Tail Corporation against financial targets and individual performance metrics.
Other Compensation
$159.24KBoard Justification
Other compensation includes health savings account contributions and a severance payment of $914,661 for unused paid time off.
Restricted Stock
Board Justification
No stock was vested in 2011 as the stock grants were not reported as vested in this year.
Performance Metrics
The performance metrics include corporate earnings per share, return on equity, cash flow from operations, and safety performance.
John D. Erickson
Ex-CEO of Otter Tail
Education
Bachelor's degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Utilities
Born
January 1, 1962 - 63 years ago
CEO of Otter Tail for
4 years 4 months (Apr 2007 - Sep 2011)
Previous Experience
Executive at Otter Tail Corporation since 2007, previously held various roles in the company.
Other Otter Tail CEOs
Holdings
Track John D. Erickson's stock holdings and portfolio value over time.
Total Stock Sold
$1.76M
$1.76M
37,764 OTTR shares
What if they kept their stock?
If John D. Erickson didn't sell their stock, today they would have:
Extra OTTR37,764 shares worth $3.10M.
This is 76.41% and $1.34M more than what they got when they sold the stock.
Charitable Transactions
37,764 shares
OTTR
Recent Charitable Transactions
2,500 shares
OTTR
Nov 20, 2023
Charity
2,000 shares
OTTR
Nov 21, 2022
Charity
9,500 shares
OTTR
Nov 17, 2021
Charity
2,100 shares
OTTR
Nov 20, 2019
Charity
2,300 shares
OTTR
Nov 20, 2018
Charity
2,400 shares
OTTR
Nov 20, 2017
Charity
Insider Trading
John D. Erickson's recent stock transactions, purchases, and sales filed with the SEC.
1,500 shares
OTTR
Apr 8, 2024
Received
$193.40K
OTTR at $77.36/share
Nov 20, 2023
Sale
2,500 shares
OTTR
Nov 20, 2023
Charity
2,500 shares
OTTR
Nov 20, 2023
Charity
1,600 shares
OTTR
Apr 17, 2023
Received
$112.62K
OTTR at $56.31/share
Nov 21, 2022
Sale
2,000 shares
OTTR
Nov 21, 2022
Charity
2,000 shares
OTTR
Nov 21, 2022
Charity
1,700 shares
OTTR
Apr 11, 2022
Received
9,500 shares
OTTR
Nov 17, 2021
Charity
Rivals
Compare John D. Erickson with competitor CEOs and industry peers.