Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Otter Tail (OTTR)

Otter Tail names Tim Rogelstad President and Tyler Nelson CFO, effective April 13, 2026

Neutral Impact 4 of 5 leadership Written later

Otter Tail Corporation's board elected Tim Rogelstad as President and Tyler Nelson as Vice President and Chief Financial Officer, both effective April 13, 2026, as part of a long-term succession plan. Former CFO Todd Wahlund became Senior Vice President and President of Otter Tail Power Company, and CEO Charles MacFarlane remains CEO after stepping down as President. The filing discloses no financial results, and the changes are presented as planned succession rather than a response to performance.

Key points

  • Tim Rogelstad, 59, elected President on April 13, 2026; previously President of Otter Tail Power Company since 2014
  • Tyler Nelson, 46, elected Vice President and CFO on April 13, 2026; previously Vice President of Finance and Treasurer
  • Todd Wahlund stepped down as CFO and was elected Senior Vice President and President of Otter Tail Power Company
  • Nelson's base salary is $465,000, with a 50% annual cash incentive target and $250,000 long-term incentive target

The filing

CompanyOtter Tail (OTTR)
Form8-K, current report
Filed with the SECApr 14, 2026, 2:32 PM ET
Accession number0001466593-26-000037

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 April 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.