Charles MacFarlane - Otter Tail CEO and President and Director

OTTR Stock  USD 80.74  0.15  0.19%   

CEO

Mr. Charles Scot MacFarlane is President, Chief Executive Officer, Director of the Company. He served as President and Chief Executive Officer, Chief Operating Officer, Senior Vice President, Electric Platform, Otter Tail Corporation. He served as Chief Executive Officer, President, Otter Tail Power Company. Mr. MacFarlane provides the Board a direct link to the Executive Management team of Otter Tail Corporation. Mr. MacFarlane is critical to the development and execution of the strategic direction of Otter Tail Corporation. Mr. MacFarlane has held a number of other positions, including as Otter Tail Corporations Chief Operating Officer from 2014 to 2015 and its Senior Vice President, Electric Platform, from 2003 to 2014. Prior to joining Otter Tail Power Company in 2001, Mr. MacFarlane served as Director of Electric Distribution Planning, Engineering and Reliability at Xcel Energy, Inc. from 2000 to 2001 and as Director of Delivery Construction Field Operations for Northern States Power Company, a subsidiary of Xcel Energy, Inc., from 1997 to 2000. Mr. MacFarlane provides the Board with a direct link to the management team of Otter Tail Corporation and is critical to Board discussions on operations and the development and execution of the strategic direction of Otter Tail Corporation since 2015.
Age 59
Tenure 9 years
Professional MarksCFA
Address 215 South Cascade Street, Fergus Falls, MN, United States, 56538-0496
Phone866-410-8780
Webhttps://www.ottertail.com
MacFarlane also contributes business and utility expertise developed over the course of his career at Otter Tail Power Company and Xcel Energy, Inc. The Board also benefits from Mr. MacFarlane’s deep understanding of the policy and regulatory environments and the service territory for Otter Tail Power Company.

Otter Tail Management Efficiency

The company has return on total asset (ROA) of 0.073 % which means that it generated a profit of $0.073 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2006 %, meaning that it created $0.2006 on every $100 dollars invested by stockholders. Otter Tail's management efficiency ratios could be used to measure how well Otter Tail manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Otter Tail's Return On Assets are relatively stable compared to the past year. As of 12/03/2024, Return On Equity is likely to grow to 0.21, while Return On Tangible Assets are likely to drop 0.05. At this time, Otter Tail's Asset Turnover is relatively stable compared to the past year.
Otter Tail currently holds 905.48 M in liabilities with Debt to Equity (D/E) ratio of 0.7, which is about average as compared to similar companies. Otter Tail has a current ratio of 1.86, which is within standard range for the sector. Note, when we think about Otter Tail's use of debt, we should always consider it together with its cash and equity.

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Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota. Otter Tail operates under UtilitiesDiversified classification in the United States and is traded on NASDAQ Exchange. It employs 2487 people. Otter Tail (OTTR) is traded on NASDAQ Exchange in USA. It is located in 215 South Cascade Street, Fergus Falls, MN, United States, 56538-0496 and employs 2,655 people. Otter Tail is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

Otter Tail Leadership Team

Elected by the shareholders, the Otter Tail's board of directors comprises two types of representatives: Otter Tail inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Otter. The board's role is to monitor Otter Tail's management team and ensure that shareholders' interests are well served. Otter Tail's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Otter Tail's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Abbott, Senior Vice President Manufacturing Platform
Beth Osman, Manager Relations
Jennifer Smestad, Vice President General Counsel and Corporate Secretary
Paul Knutson, Vice Resources
Kevin Moug, CFO, Principal Accounting Officer, Sr. VP and Treasurer
Timothy Rogelstad, Sr. VP of Electric Platform and President of Otter Tail Power Company
Stephanie Hoff, Director Communications
Charles MacFarlane, CEO and President and Director
Todd Wahlund, VP CFO
Loren Hanson, IR Contact Officer, Assistant Secretary
Tyler Akerman, Ma Relations
Tyler Nelson, Vice Accounting

Otter Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Otter Tail a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Otter Tail

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Otter Tail position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Otter Tail will appreciate offsetting losses from the drop in the long position's value.

Moving against Otter Stock

  0.52AES AESPairCorr
  0.45BIP-PA Brookfield InfrastructurePairCorr
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  0.42ELPC Companhia ParanaensePairCorr
  0.41BIP-PB Brookfield InfrastructurePairCorr
The ability to find closely correlated positions to Otter Tail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Otter Tail when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Otter Tail - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Otter Tail to buy it.
The correlation of Otter Tail is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Otter Tail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Otter Tail moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Otter Tail can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Otter Stock Analysis

When running Otter Tail's price analysis, check to measure Otter Tail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.