Edward J. (Jim) McIntyre served as the CEO of Otter Tail Corporation from January 2012 until April 2015. He brings a solid background in finance, having previously been the Chief Financial Officer at Xcel Energy, Inc. since 2001. Jim was...
Edward J. (Jim) McIntyre served as the CEO of Otter Tail Corporation from January 2012 until April 2015. He brings a solid background in finance, having previously been the Chief Financial Officer at Xcel Energy, Inc. since 2001. Jim was appointed to Otter Tail's Board of Directors in 2006 and had an interim CEO role before becoming the permanent CEO. During his leadership, he focused on performance-based executive compensation that tied back to key company metrics like earnings-per-share and return on equity, likely to ensure executive actions directly benefited shareholders. His annual salary as CEO started at $600,000, with potential bonuses and stock opportunities tied to performance targets. Jim's strategy appears to reflect a keen understanding of the need for aligning interests among executives and shareholders, which is critical in today's corporate environment. Since he stepped down as CEO, he has transitioned to a Special Advisor role, allowing him to continue influencing the company's future. His journey shows a mix of financial acumen and leadership experience in the energy sector that shaped Otter Tail’s strategies during a transformative time.