During his time at Otter Tail Corporation, Erickson's financial interests were closely tied to the company's stock performance. In 2007, the year he earned the most, he received about $2.2 million in total compensation, thanks largely to vested stock awards...

During his time at Otter Tail Corporation, Erickson's financial interests were closely tied to the company's stock performance. In 2007, the year he earned the most, he received about $2.2 million in total compensation, thanks largely to vested stock awards that amounted to $799,264. Over the years, his earnings fluctuated due to performance metrics not being met, exemplified by his compensation of around $496,375 in 2009 and 2010, where he did not receive bonuses. In contrast, his well-structured executive compensation package was designed to motivate performance aligned with shareholder interests, which would impact his wealth greatly depending on how well the company did. As he transitioned out of the CEO role, Erickson's financial ties to Otter Tail’s stock fluctuated significantly, reflecting the performance pressures executives face in publicly traded companies.