Linden R. Evans has been the President and CEO of Black Hills Corporation since January 2019. With a strong background in operations, he first joined the company in 2001 as Associate Counsel. He later became the Vice President and General...

Number of Employees

2.87K

Year

2023

Total Compensation

$4.01M

Salary

$893.33K

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests, focusing on performance-based incentives and competitive market positioning to attract and retain top talent.

Bonus

$1.37M

Board Justification

Payout under the Short-Term Incentive Plan based on performance metrics achieved in 2023, approved on January 25, 2024, and paid on March 3, 2024.

Other

$607.73K

Board Justification

Includes 401(k) match, defined contributions, NQDC contributions, dividends on restricted stock, and other personal benefits.

Restricted Stock

$1.14M(17.45K restricted stock)

Board Justification

Restricted stock that vested in 2023, with a total value realized of $1,138,987.

Performance Metrics

Key performance metrics for 2023 included EPS from ongoing operations, safety performance, customer experience, and diversity targets.

SEC Filing

From March 15, 2024

Linden R. Evans

CEO of Black Hills

B

Education

Bachelor's degree in Business Administration from the University of South Dakota

Field of Expertise

Business & Management

Born

January 1, 1967 - 58 years ago

Is Founder?

No

Current Tenure

6 years 0 months (Jan 2019 - Present)

Previous Experience

President and Chief Operating Officer of Utilities at Black Hills Corporation