Mge Energy paid its 5 named executives $8.0M in total in FY2025 (Dec). CEO Jeffrey M. Keebler was paid $3.6M of that.
Pay$100 in the stock at the end of FY20 → $117
Pay of each named executive
Jeffrey M. KeeblerChairman, President and Chief Executive Officer (PEO)
| FY2025 (Dec) | |||||||
| FY2024 (Dec) | |||||||
| FY2023 (Dec) | |||||||
| FY2022 (Dec) | Not disclosed | ||||||
| FY2021 (Dec) | Not disclosed |
5 years
Jared J. BushekVice President, Chief Financial Officer and Treasurer (PFO)
| FY2025 (Dec) | |||||||
| FY2024 (Dec) | |||||||
| FY2023 (Dec) | |||||||
| FY2022 (Dec) | Not disclosed | ||||||
| FY2021 (Dec) | Not disclosed |
5 years
Cari Anne RenlundVice President, General Counsel and Secretary
| FY2025 (Dec) | |||||||
| FY2024 (Dec) | |||||||
| FY2023 (Dec) | |||||||
| FY2022 (Dec) | Not disclosed | ||||||
| FY2021 (Dec) | Not disclosed |
5 years
James J. LorenzVice President, Energy Operations
| FY2025 (Dec) | |||||||
| FY2024 (Dec) |
2 years
Lynn K. HobbieFormer Executive Vice President
| FY2025 (Dec) | |||||||
| FY2024 (Dec) | |||||||
| FY2023 (Dec) | |||||||
| FY2022 (Dec) | Not disclosed | ||||||
| FY2021 (Dec) | Not disclosed |
5 years
CEO pay against the pay peers
In FY2025 (Dec), the median CEO pay of the 5 peers with pay on file was $5.0M. The CEO of Mge Energy was paid $3.6M, 28% below the median.
- 1Idacorp
- 2Otter Tail
- 3NorthWestern Energy Group
- 4Avista
- 5Ormat Technologies
- 6Mge EnergyThis company
- 7ALLETE, Inc.Not disclosed
- 8Chesapeake UtilitiesNot disclosed
- 9Genie Energy Ltd.Not disclosed
- 10Northwest Natural Holding CompanyNot disclosed
- 11Suburban Propane Partners, L.P.Not disclosed
- 12Sunnova Energy International, Inc.Not disclosed
- 13Unitil CorporationNot disclosed
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Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.