Item 2.02 Results of Operations and Financial Condition
On February 10, 2014Otter Tail Corporation (the "Company") issued a press
release announcing 2013 earnings and 2014 earnings guidance, a copy of which is
furnished herewith as Exhibit 99.1.
Item 5.02 Departure of Directors of Certain Officers; Election of Directors;
Appointment of Certain Officer; Compensatory Arrangements of Certain Officers.
On February 5, 2014Otter Tail Corporation (the "Company") announced that the
Company's Board of Directors appointed Charles (Chuck) S. MacFarlane, current
president and CEO of Otter Tail Power Company, to the role of president and
chief operating officer of Otter Tail Corporation, effective April 14, 2014. The
Company also announced that its President and CEO, Edward J. (Jim) McIntyre,
expects to retire at the Company's annual shareholder meeting in 2015 and that
Mr. MacFarlane is expected to be named as Mr. McIntyre's successor at that time.
Mr. MacFarlane, 49, joined Otter Tail Power Company in 2001 and has served as
its President since 2003 and its Chief Executive Officer since 2007. He has also
served as a member of Otter Tail Corporation's executive team, which focuses on
strategic planning. Prior to joining Otter Tail Power Company, Mr. MacFarlane
served as Director of Electric Distribution Planning and Engineering for Xcel
Energy Inc.'s multi-state service territory. He was also Director of Delivery
Construction and Field Operations for Northern States Power Company prior to its
merger with New Centuries Energy and becoming Xcel Energy.
Item 9.01 Financial Statement and Exhibits
99.1 Press Release issued February 10, 2014.
99.2 Press Release issued February 6, 2014.