Monitor the company's proxy statement ahead of the 2027 Annual Meeting for the nomination of new board members to replace Webb and Johnson. The departures are scheduled and non-disruptive, so no near-term trading action is warranted.
Price Chart
Executive Summary
Otter Tail Corp filed an 8-K reporting that two board members, Thomas J. Webb and Kathryn O. Johnson, will not stand for reelection and will retire at the 2027 Annual Meeting. Both departures are attributed to the company's director retirement policy and are explicitly stated as not resulting from any disagreement with the company. This is a routine board refreshment event with no immediate operational impact.
Key Facts
- Thomas J. Webb notified the company on August 28, 2026, of his intention to retire from the Board at the conclusion of his term at the 2027 Annual Meeting.
- Kathryn O. Johnson notified the company on August 31, 2026, of her intention to retire from the Board at the conclusion of her term at the 2027 Annual Meeting, having reached retirement age.
- Both departures are stated as not resulting from any disagreement with the company's operations, policies, or procedures.
- No replacements have been named in this filing.
Financial Impact
No financial impact disclosed.
Risk Factors
- Potential loss of board expertise if replacements are not similarly qualified.
- No immediate risk; departures are planned retirements over a year away.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (OTTR) — Batch item 1 | 0001466593-26-000074 |
| Document: 0001466593-26-000074-index-headers.html | 0001466593-26-000074 |
| Document: 0001466593-26-000074-index.html | 0001466593-26-000074 |
| Document: 0001466593-26-000074.txt | 0001466593-26-000074 |
| 8-K Filing (OTTR) — Batch item 5 | 0001466593-26-000074 |
| Document: 0001466593-26-000074-index-headers.html | 0001466593-26-000074 |
| Document: 0001466593-26-000074-index.html | 0001466593-26-000074 |
| Document: 0001466593-26-000074.txt | 0001466593-26-000074 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 7w ago | 8-K | $89.59 $88.04 | ▼ −1.73% | ▼ −2.05% | $90.07 (+0.54%) |
Aug 4, 2026 11w ago | 8-K | $92.82 $89.59 | ▲ +3.48% | ▲ +2.24% | $90.07 (+2.96%) |
Jun 18, 2026 18w ago | 8-K | $87.50 $93.26 | ▼ −6.58% | ▼ −6.05% | $90.07 (−2.94%) |
Jun 5, 2026 20w ago | 8-K | $86.77 $90.49 | ▲ +4.29% | ▲ +2.43% | $90.07 (+3.80%) |
May 29, 2026 21w ago | 8-K | $86.66 $88.87 | ▲ +2.55% | ▲ +4.34% | $90.07 (+3.93%) |
May 15, 2026 23w ago | 8-K | $87.80 $89.59 | ▲ +2.04% | ▼ −0.08% | $90.07 (+2.59%) |
May 5, 2026 24w ago | 8-K | $88.74 $85.80 | ▼ −3.31% | ▼ −8.27% | $90.07 (+1.50%) |
Apr 14, 2026 27w ago | 8-K | $88.33 $88.29 | ▼ −0.05% | ▼ −6.34% | $90.07 (+1.97%) |
Mar 2, 2026 34w ago | DEFA14A | $85.70 $85.73 | ▲ +0.04% | ▲ +7.97% | $90.07 (+5.10%) |
US Market Status
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