Otter Tail Corporation appoints Chris Clark and Steve Rasche to its Board of Directors, effective January 1, 2026.
Outgoing Board Member Steve Fritze to retire at the April Annual Meeting of Shareholders after serving since 2013.
New appointees bring extensive experience in the energy and utility finance sectors.
Chris Clark Appointment
Chris Clark, retired President of Xcel Energy, brings strategic foresight and regulatory insights to the Board.
Steve Rasche Appointment
Steve Rasche, former Chief Financial Officer for Spire Inc., offers expertise in utility finance and risk management.
Steve Fritze Retirement
Outgoing Board Member Steve Fritze recognized for leadership in the Audit Committee and manufacturing expertise.
- The appointments highlight Otter Tail Corporation's focus on experienced leaders in the energy and finance industries.
- The retirement of Steve Fritze marks a transition in the Board composition towards modern utility finance expertise.
Otter Tail Corporation strengthens its Board of Directors with seasoned industry professionals, positioning the company for strategic growth and financial stability in the energy sector.