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Otter Tail Corporation Announces President and CFO Transitions

OTTR
  • Otter Tail Corporation (NASDAQ: OTTR) announced executive leadership transitions effective April 13, 2026, as part of its Board-approved succession plan.
  • Tim Rogelstad was elected President of Otter Tail Corporation to oversee electric & manufacturing platforms while reporting to CEO Chuck MacFarlane.
  • Rogelstad brings 37 years of experience at Otter Tail Power Company, having served as its President since 2014.
  • Todd Wahlund was elected Senior Vice President of Otter Tail Corporation & President of Otter Tail Power Company to report to Rogelstad.
  • Wahlund previously served as Vice President & Chief Financial Officer of the Corporation & has 34 years of tenure across finance, operations, & the utility platform.
  • Tyler Nelson was elected Vice President & Chief Financial Officer of Otter Tail Corporation to report directly to MacFarlane.
  • Nelson joined the Corporation in 2020 & previously held roles as Vice President of Finance & Treasurer, as well as Vice President of Accounting.
  • CEO Chuck MacFarlane stated the appointments reflect strong succession planning & ensure continued leadership & financial discipline for the company.
  • Otter Tail Corporation operates diversified electric utility & manufacturing businesses, is a member of the S&P SmallCap 600 Index, & maintains corporate offices in Fergus Falls, Minnesota & Fargo, North Dakota.