Otter Tail Corp 10-K

ITEM 3. LEGAL PROCEEDINGS We are the subject of various legal and regulatory proceedings in the ordinary course of our business. Such matters are subject to many uncertainties and to outcomes that are not predictable with assurance. We record a liability in our consolidated financial statements for costs related to claims, including future legal costs, settlements and judgments, where we have assessed that a loss is probable, and an amount can be reasonably estimated. Material proceedings are described under Note 13, "Commitments and Contingencies" to the consolidated financial statements. 19 Table of Content s ITEM 3A. INFORMATION ABOUT OUR EXECUTIVE OFFICERS Set forth below is a summary of the principal occupations and business experience during the past five years of the executive officers as defined by rules of the SEC. Each of the executive officers has been employed by the Company for more than five years in an executive or management position either with the Company or its wholly owned subsidiary, Otter Tail Power Company. Name and Age Date Elected to Office Current Position Charles S. MacFarlane (56) 04/13/15 President and Chief Executive Officer Kevin G. Moug (61) 04/09/01 Chief Financial Officer and Senior Vice President Timothy J. Rogelstad (54) 04/14/14 Senior Vice President, Electric Platform John Abbott (62) 02/11/15 Senior Vice President, Manufacturing Platform Jennifer O. Smestad (50) 01/01/18 Vice President, General Counsel and Corporate Secretary Chuck MacFarlane has served as the Company’s President and Chief Executive Officer and as a member of the Company’s board of directors since April 13, 2015. Kevin Moug has served as Chief Financial Officer and Senior Vice President of the Company since April 9, 2001. Timothy Rogelstad has served as President of OTP and Senior Vice President, Electric Platform of the Company since April 14, 2014. John Abbott has served as Senior Vice President, Manufacturing Platform, since February 5, 2015. Jennifer Smestad was appointed to the position of Vice President, General Counsel and Corporate Secretary of the Company, effective January 1, 2018. Ms. Smestad joined the Company on May 14, 2001 as an Associate General Counsel and has served in various legal capacities of increasing responsibility at the Company and at OTP. She most recently served as General Counsel for OTP from March 1, 2013 to the present. The term of office for each of the executive officers is one year and any executive officer elected may be removed by the vote of the board of directors at any time during the term. There are no family relationships between any of the executive officers or directors. ITEM 4. MINE SAFETY DISCLOSURES Not Applicable. 20 Table of Content s PART II