{"id":951296,"date":"2026-04-14T12:03:18","date_gmt":"2026-04-14T16:03:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/otter-tail-corporation-announces-president-and-cfo-transitions\/"},"modified":"2026-04-14T12:03:18","modified_gmt":"2026-04-14T16:03:18","slug":"otter-tail-corporation-announces-president-and-cfo-transitions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/otter-tail-corporation-announces-president-and-cfo-transitions\/","title":{"rendered":"Otter Tail Corporation Announces President and CFO Transitions"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Otter Tail Corporation Announces President and CFO Transitions<\/b><\/p>\n<p>FERGUS FALLS, Minn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOtter Tail Corporation (Nasdaq: OTTR) today announced executive leadership transitions in conjunction with the long-term succession plan approved by its Board of Directors.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 384px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260414793214\/en\/2774031\/4\/Tim_Rogelstad.jpg\" alt=\"Mr. Tim Rogelstad\" \/><\/p>\n<p style=\"font-size:85%\">Mr. Tim Rogelstad<\/p>\n<\/div>\n<p>\nEffective April 13, 2026, Tim Rogelstad has been elected President of Otter Tail Corporation. In his new role, Mr. Rogelstad will oversee the electric and manufacturing platforms and report to Chuck MacFarlane, Otter Tail Corporation Chief Executive Officer.<\/p>\n<p>\nMr. Rogelstad previously served as President of Otter Tail Power Company, the Corporation\u2019s electric utility, and as Senior Vice President, Electric Platform of the Corporation.<\/p>\n<p>\nMr. Rogelstad has been with Otter Tail Power Company since 1989 and has held roles of increasing responsibility across the electric utility and the Corporation during his 37\u2011year career. He has served as the President of Otter Tail Power Company since 2014 and has been instrumental in advancing the Corporation\u2019s electric platform strategy and operational performance.<\/p>\n<p>\nConcurrent with this move, Todd Wahlund was elected Senior Vice President of Otter Tail Corporation and President of Otter Tail Power Company and will report to Mr. Rogelstad. Mr. Wahlund previously served as Vice President and Chief Financial Officer of Otter Tail Corporation and brings extensive financial and utility expertise from his 34 years at Otter Tail across finance, operations, and his 20 years at the electric utility platform.<\/p>\n<p>\nAlso effective April 13, 2026, Tyler Nelson has been elected Vice President and Chief Financial Officer of Otter Tail Corporation. In this role, he will report to Mr. MacFarlane. Mr. Nelson most recently served as Vice President of Finance and Treasurer and previously held the role of Vice President of Accounting. He joined the Corporation in 2020, following his role as Corporate Controller for Titan Machinery. Earlier in his career, Mr. Nelson worked in public accounting with Grant Thornton.<\/p>\n<p>\nOtter Tail CEO Chuck MacFarlane said, \u201cThese leadership transitions are the result of long\u2011standing and thoughtful succession planning by the Board and management team. Tim has spent nearly four decades with Otter Tail Power Company and the Corporation and has consistently demonstrated strong leadership, sound judgment, and a deep understanding of our businesses. His election as President reflects the confidence the Board has in his ability to help lead the Corporation\u2019s operating platforms forward. Todd\u2019s transition to President of Otter Tail Power Company leverages his extensive expertise at the electric utility and ensures seasoned leadership as it continues to execute its long\u2011term strategy. Tyler has played a key role in Otter Tail\u2019s financial leadership and brings continuity, discipline, and a strong understanding of our financial operations to the CFO role. Collectively, these appointments position Otter Tail well for continued execution and long\u2011term success.\u201d<\/p>\n<p><b>About Otter Tail Corporation<\/b><\/p>\n<p>\nOtter Tail Corporation, a member of the S&amp;P SmallCap 600 Index, has interests in diversified operations that include an electric utility and manufacturing businesses. Otter Tail Corporation stock trades on the Nasdaq Global Select Market under the symbol OTTR. The latest investor and corporate information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ottertail.com&amp;esheet=54504216&amp;newsitemid=20260414793214&amp;lan=en-US&amp;anchor=www.ottertail.com&amp;index=1&amp;md5=808770c61785187593e816f38964fe68\">www.ottertail.com<\/a>. Corporate offices are in Fergus Falls, Minnesota and Fargo, North Dakota.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260414793214r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/<\/a><\/span><\/p>\n<p><b>Investor contact<\/b>: Beth Eiken, Manager of Investor Relations, (701) 451-3571<br \/>\n<br \/><b>Media Contact<\/b>: Stephanie Hoff, Director of Corporate Communications, (218) 739-8535<\/p>\n<p><b>KEYWORDS:<\/b> North Dakota Minnesota United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Manufacturing Other Manufacturing Energy Other Energy Utilities<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260414793214\/en\/2774031\/3\/Tim_Rogelstad.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Mr. Tim Rogelstad<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260414793214\/en\/2774036\/3\/Todd_Wahlund.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Mr. Todd Wahlund<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260414793214\/en\/2774039\/3\/Tyler_Nelson.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Mr. Tyler Nelson<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260414793214\/en\/1210155\/3\/OTCorp.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Otter Tail Corporation Announces President and CFO Transitions FERGUS FALLS, Minn.&#8211;(BUSINESS WIRE)&#8211; Otter Tail Corporation (Nasdaq: OTTR) today announced executive leadership transitions in conjunction with the long-term succession plan approved by its Board of Directors. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/ Mr. Tim Rogelstad Effective April 13, 2026, Tim Rogelstad has been elected President of Otter Tail Corporation. In his new role, Mr. Rogelstad will oversee the electric and manufacturing platforms and report to Chuck MacFarlane, Otter Tail Corporation Chief Executive Officer. Mr. Rogelstad previously served as President of Otter Tail Power Company, the Corporation\u2019s electric utility, and as Senior Vice President, Electric Platform of the Corporation. Mr. Rogelstad has been with Otter Tail Power &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/otter-tail-corporation-announces-president-and-cfo-transitions\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Otter Tail Corporation Announces President and CFO Transitions&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-951296","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Otter Tail Corporation Announces President and CFO Transitions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/otter-tail-corporation-announces-president-and-cfo-transitions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Otter Tail Corporation Announces President and CFO Transitions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Otter Tail Corporation Announces President and CFO Transitions FERGUS FALLS, Minn.&#8211;(BUSINESS WIRE)&#8211; Otter Tail Corporation (Nasdaq: OTTR) today announced executive leadership transitions in conjunction with the long-term succession plan approved by its Board of Directors. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/ Mr. Tim Rogelstad Effective April 13, 2026, Tim Rogelstad has been elected President of Otter Tail Corporation. In his new role, Mr. Rogelstad will oversee the electric and manufacturing platforms and report to Chuck MacFarlane, Otter Tail Corporation Chief Executive Officer. Mr. Rogelstad previously served as President of Otter Tail Power Company, the Corporation\u2019s electric utility, and as Senior Vice President, Electric Platform of the Corporation. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260414793214\/en\/ Mr. Tim Rogelstad Effective April 13, 2026, Tim Rogelstad has been elected President of Otter Tail Corporation. In his new role, Mr. Rogelstad will oversee the electric and manufacturing platforms and report to Chuck MacFarlane, Otter Tail Corporation Chief Executive Officer. Mr. Rogelstad previously served as President of Otter Tail Power Company, the Corporation\u2019s electric utility, and as Senior Vice President, Electric Platform of the Corporation. 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