MGE Energy Management
Management criteria checks 2/4
MGE Energy's CEO is Jeff Keebler, appointed in Mar 2017, has a tenure of 7.67 years. total yearly compensation is $2.57M, comprised of 27.7% salary and 72.3% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth €442.12K. The average tenure of the management team and the board of directors is 7.7 years and 6.7 years respectively.
Key information
Jeff Keebler
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 27.7% |
| CEO tenure | 7.7yrs |
| CEO ownership | 0.01% |
| Management average tenure | 7.7yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$119m |
| Jun 30 2024 | n/a | n/a | US$116m |
| Mar 31 2024 | n/a | n/a | US$120m |
| Dec 31 2023 | US$3m | US$711k | US$118m |
| Sep 30 2023 | n/a | n/a | US$119m |
| Jun 30 2023 | n/a | n/a | US$115m |
| Mar 31 2023 | n/a | n/a | US$108m |
| Dec 31 2022 | US$2m | US$672k | US$111m |
| Sep 30 2022 | n/a | n/a | US$103m |
| Jun 30 2022 | n/a | n/a | US$104m |
| Mar 31 2022 | n/a | n/a | US$105m |
| Dec 31 2021 | US$3m | US$643k | US$106m |
| Sep 30 2021 | n/a | n/a | US$108m |
| Jun 30 2021 | n/a | n/a | US$105m |
| Mar 31 2021 | n/a | n/a | US$101m |
| Dec 31 2020 | US$3m | US$620k | US$92m |
| Sep 30 2020 | n/a | n/a | US$93m |
| Jun 30 2020 | n/a | n/a | US$92m |
| Mar 31 2020 | n/a | n/a | US$89m |
| Dec 31 2019 | US$2m | US$592k | US$87m |
| Sep 30 2019 | n/a | n/a | US$87m |
| Jun 30 2019 | n/a | n/a | US$85m |
| Mar 31 2019 | n/a | n/a | US$88m |
| Dec 31 2018 | US$2m | US$521k | US$84m |
| Sep 30 2018 | n/a | n/a | US$104m |
| Jun 30 2018 | n/a | n/a | US$101m |
| Mar 31 2018 | n/a | n/a | US$98m |
| Dec 31 2017 | US$2m | US$440k | US$98m |
Compensation vs Market: Jeff's total compensation ($USD2.57M) is above average for companies of similar size in the German market ($USD1.95M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jeff Keebler (52 yo)
7.7yrs
Tenure
US$2,566,797
Compensation
Mr. Jeffrey M. Keebler, also known as Jeff, serves as President and Chief Executive Officer of Madison Gas and Electric Company (“MGE”) and has been its Chairman of the Board since October 01, 2018. Mr. Ke...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.7yrs | US$2.57m | 0.012% € 442.1k | |
| VP, CFO & Treasurer | 4.2yrs | US$820.88k | 0.0029% € 104.4k | |
| VP, General Counsel & Secretary | 9yrs | US$832.72k | 0.0027% € 98.0k | |
| President of Marketing & Communications | 24.8yrs | US$1.01m | 0.026% € 930.2k | |
| Assistant Vice President of Accounting & Controller | less than a year | no data | no data | |
| Assistant VP & Chief Information Officer | no data | no data | no data | |
| Director - Shareholder Services and Treasury Management | no data | no data | no data | |
| Assistant Vice President of Human Resources | no data | no data | no data |
7.7yrs
Average Tenure
50yo
Average Age
Experienced Management: MG1's management team is seasoned and experienced (7.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.7yrs | US$2.57m | 0.012% € 442.1k | |
| Director | 24.8yrs | US$157.00k | 0.057% € 2.0m | |
| Independent Director | 6.7yrs | US$160.00k | 0.028% € 1.0m | |
| Independent Director | 16.8yrs | US$161.50k | 0.014% € 502.4k | |
| Independent Director | less than a year | no data | 0% € 0 | |
| Lead Independent Director | 15yrs | US$171.00k | 0.012% € 414.5k | |
| Independent Director | less than a year | no data | 0% € 0 | |
| Independent Director | less than a year | no data | 0% € 0 | |
| Independent Director | 6.7yrs | US$170.00k | 0.0031% € 112.3k | |
| Independent Director | 3.2yrs | US$155.50k | 0.000070% € 2.5k |
6.7yrs
Average Tenure
63yo
Average Age
Experienced Board: MG1's board of directors are considered experienced (6.7 years average tenure).