Jennifer O.  Smestad net worth and biography

Jennifer Smestad Biography and Net Worth

General Counsel and VP, Legal Affairs, Secretary of Otter Tail

In 2018 Jennifer Smestad was named General Counsel and Vice President, Legal Affairs, and Secretary at Otter Tail Power Company and Vice President, General Counsel, and Corporate Secretary at Otter Tail Corporation. In this dual role, she's responsible for the legal affairs and secretary matters of both entities.

Jennifer began her career at Otter Tail Corporation in 2001 as an Associate General Counsel, providing legal counsel to the corporation’s non-utility businesses and working on mergers and acquisitions for the corporation. In 2005 she began focusing exclusively on the legal affairs of Otter Tail Power and was promoted to Senior Associate General Counsel in 2012, then to General Counsel in 2013.

Jennifer earned her Bachelor of Science degree from the United States Military Academy West Point, New York, and her Juris Doctor degree from The University of Texas at Austin School of Law. She served as a U.S. Army Officer in both the Medical Service Corps and Judge Advocate General Corps, attaining the rank of Major in the Army Reserves. Prior to Jennifer's time at our company, she was a partner in a regional law firm. 

Jennifer is a member of the North Dakota, South Dakota, and Minnesota Bar Associations, the Minnesota Chapter of the American Corporate Counsel Association, and the American Bar Association. She is also a Certified Corporate Governance Professional through the Society of Corporate Governance.

What is Jennifer O. Smestad's net worth?

The estimated net worth of Jennifer O. Smestad is at least $965,796.00 as of August 13th, 2024. Mr. Smestad owns 12,300 shares of Otter Tail stock worth more than $965,796 as of October 31st. This net worth approximation does not reflect any other investments that Mr. Smestad may own. Additionally, Mr. Smestad receives a salary of $837,710.00 as General Counsel and VP, Legal Affairs, Secretary at Otter Tail. Learn More about Jennifer O. Smestad's net worth.

How old is Jennifer O. Smestad?

Mr. Smestad is currently 52 years old. There are 4 older executives and no younger executives at Otter Tail. The oldest executive at Otter Tail is Mr. John S. Abbott, Senior Vice President of Manufacturing Platform, who is 65 years old. Learn More on Jennifer O. Smestad's age.

What is Jennifer O. Smestad's salary?

As the General Counsel and VP, Legal Affairs, Secretary of Otter Tail Co., Mr. Smestad earns $837,710.00 per year. There are 3 executives that earn more than Mr. Smestad. The highest earning executive at Otter Tail is Mr. Charles S. MacFarlane, President, CEO & Director, who commands a salary of $3,070,000.00 per year. Learn More on Jennifer O. Smestad's salary.

How do I contact Jennifer O. Smestad?

The corporate mailing address for Mr. Smestad and other Otter Tail executives is 215 S CASCADE ST PO BOX 496, FERGUS FALLS MN, 56538. Otter Tail can also be reached via phone at (866) 410-8780 and via email at [email protected]. Learn More on Jennifer O. Smestad's contact information.

Has Jennifer O. Smestad been buying or selling shares of Otter Tail?

Jennifer O. Smestad has not been actively trading shares of Otter Tail in the last ninety days. Most recently, Jennifer O. Smestad sold 4,000 shares of the business's stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $88.74, for a transaction totalling $354,960.00. Following the completion of the sale, the vice president now directly owns 12,300 shares of the company's stock, valued at $1,091,502. Learn More on Jennifer O. Smestad's trading history.

Who are Otter Tail's active insiders?

Otter Tail's insider roster includes John Erickson (Director), Paul Knutson (VP, Human Resources), Timothy O'Keefe (Director), and Jennifer Smestad (General Counsel and VP, Legal Affairs, Secretary). Learn More on Otter Tail's active insiders.

Are insiders buying or selling shares of Otter Tail?

In the last twelve months, insiders at the utilities provider sold shares 3 times. They sold a total of 10,500 shares worth more than $911,000.00. The most recent insider tranaction occured on August, 13th when VP Jennifer O Smestad sold 4,000 shares worth more than $354,960.00. Insiders at Otter Tail own 2.3% of the company. Learn More about insider trades at Otter Tail.

Information on this page was last updated on 8/13/2024.

Jennifer O. Smestad Insider Trading History at Otter Tail

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/13/2024Sell4,000$88.74$354,960.0012,300View SEC Filing Icon  
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Jennifer O. Smestad Buying and Selling Activity at Otter Tail

This chart shows Jennifer O Smestad's buying and selling at Otter Tail by year and by quarter.

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Otter Tail Company Overview

Otter Tail logo
Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets. This segment generates electricity through coal, fuel oil, solar, wind, and natural gas. It serves approximately residential, commercial, and industrial customers. The Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components and extruded raw material stock for the recreational vehicle, lawn and garden, agricultural, construction, and industrial and energy equipment end markets. The Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.
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Today's Range

Now: $78.52
Low: $78.52
High: $79.90

50 Day Range

MA: $79.53
Low: $74.74
High: $92.02

2 Week Range

Now: $78.52
Low: $74.09
High: $100.84

Volume

198,527 shs

Average Volume

229,883 shs

Market Capitalization

$3.28 billion

P/E Ratio

10.61

Dividend Yield

2.36%

Beta

0.53