MarketPR
Two Otter Tail Corporation (OTTR) directors notified the company of their planned retirements within days of each other, with both seats set to turn over at the 2027 Annual Meeting of Shareholders.
Webb submitted his notice on August 28, 2026. The disclosures, consolidated in an 8-K signed by Senior Vice President and General Counsel Jennifer O.
Smestad and filed September 1, 2026, state that neither departure stems from any disagreement with the company's operations, policies, or procedures.
Johnson's notice carries one detail Webb's did not: she has reached retirement age under the corporation's director retirement policy, the mechanism that sets the exit timeline for both directors.
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