Otter Tail Appoints Chris Clark and Steve Rasche to Board; Steve Fritze to Retire
Otter Tail Corporation appointed Christopher B. Clark and Steve P. Rasche to its Board of Directors, effective January 1, 2026. Director Steve Fritze will retire at the 2026 Annual Meeting of Shareholders, having reached the company's director retirement age. The filing describes board changes only and contains no financial results or guidance.
Key points
- Christopher B. Clark, retired 2023 as President of Xcel Energy's Northern States Power Company, joins the Audit and Corporate Governance committees.
- Steve P. Rasche, retired 2025 as CFO of Spire Inc., joins the Audit and Compensation and Human Capital Management committees.
- Steve L. Fritze, a director since 2013, will retire at the April 2026 Annual Meeting of Shareholders.
- Each new director receives an $80,000 annual retainer, $10,500 per committee, and restricted stock grants of about $130,000 annually plus about $32,500 for the partial year.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2025.
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