MGE Energy Management

Management criteria checks 3/4

MGE Energy's CEO is Jeff Keebler, appointed in Mar 2017, has a tenure of 7.08 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 $348.85K. The average tenure of the management team and the board of directors is 8.4 years and 6.6 years respectively.

Key information

Jeff Keebler

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage27.7%
CEO tenure7.1yrs
CEO ownership0.01%
Management average tenure8.4yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

Investors Met With Slowing Returns on Capital At MGE Energy (NASDAQ:MGEE)

Apr 13
Investors Met With Slowing Returns on Capital At MGE Energy (NASDAQ:MGEE)

MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Mar 25
MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

MGE Energy: Buy This State Utility Now

Mar 01

MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Dec 20
MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Slowing Rates Of Return At MGE Energy (NASDAQ:MGEE) Leave Little Room For Excitement

Nov 28
Slowing Rates Of Return At MGE Energy (NASDAQ:MGEE) Leave Little Room For Excitement

Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden

Nov 07
Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden

Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

Sep 14
Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

MGE Energy's (NASDAQ:MGEE) Dividend Will Be Increased To $0.4275

Aug 24
MGE Energy's (NASDAQ:MGEE) Dividend Will Be Increased To $0.4275

MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward

Aug 01
MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Jul 13
We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Here's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of Return

Apr 26
Here's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of Return

Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Apr 07
Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

Mar 11
Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Dec 26
We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Returns At MGE Energy (NASDAQ:MGEE) Appear To Be Weighed Down

Nov 22
Returns At MGE Energy (NASDAQ:MGEE) Appear To Be Weighed Down

MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt

Sep 15
MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt

MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year

Aug 23
MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year

MGE Energy Q2 GAAP EPS, revenue up Y/Y

Aug 04

MGE Energy: Moving With The Times

Jul 06

There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital

Jun 25
There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital

With EPS Growth And More, MGE Energy (NASDAQ:MGEE) Is Interesting

Mar 30
With EPS Growth And More, MGE Energy (NASDAQ:MGEE) Is Interesting

MGE Energy: Solid With Enduring Dividend Growth

Mar 14

There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital

Feb 25
There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Jan 15
We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

MGE Energy: Historically High Multiple Likely To Continue To Underpin Share Price

Nov 30

MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 29
MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal

Nov 22
Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal

MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year

Oct 21
MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year

Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Oct 14
Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 23
MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Return Trends At MGE Energy (NASDAQ:MGEE) Aren't Appealing

Aug 17
Return Trends At MGE Energy (NASDAQ:MGEE) Aren't Appealing

MGEE: Continues To Deliver Value

Jun 30

Is MGE Energy (NASDAQ:MGEE) A Risky Investment?

Jun 11
Is MGE Energy (NASDAQ:MGEE) A Risky Investment?

MGE Energy, Inc.'s (NASDAQ:MGEE) CEO Compensation Looks Acceptable To Us And Here's Why

May 12
MGE Energy, Inc.'s (NASDAQ:MGEE) CEO Compensation Looks Acceptable To Us And Here's Why

MGE Energy EPS beats by $0.19, beats on revenue

May 06

Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal

May 04
Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal

Trade Alert: The Independent Director Of MGE Energy, Inc. (NASDAQ:MGEE), James Berbee, Has Just Spent US$68k Buying 33% More Shares

Mar 15
Trade Alert: The Independent Director Of MGE Energy, Inc. (NASDAQ:MGEE), James Berbee, Has Just Spent US$68k Buying 33% More Shares

MGE Energy (NASDAQ:MGEE) Has A Somewhat Strained Balance Sheet

Mar 02
MGE Energy (NASDAQ:MGEE) Has A Somewhat Strained Balance Sheet

Our Take On The Returns On Capital At MGE Energy (NASDAQ:MGEE)

Feb 03
Our Take On The Returns On Capital At MGE Energy (NASDAQ:MGEE)

Would MGE Energy, Inc. (NASDAQ:MGEE) Be Valuable To Income Investors?

Jan 21
Would MGE Energy, Inc. (NASDAQ:MGEE) Be Valuable To Income Investors?

If You Had Bought MGE Energy (NASDAQ:MGEE) Shares Five Years Ago You'd Have Earned 45% Returns

Jan 08
If You Had Bought MGE Energy (NASDAQ:MGEE) Shares Five Years Ago You'd Have Earned 45% Returns

Can Mixed Fundamentals Have A Negative Impact on MGE Energy, Inc. (NASDAQ:MGEE) Current Share Price Momentum?

Dec 26
Can Mixed Fundamentals Have A Negative Impact on MGE Energy, Inc. (NASDAQ:MGEE) Current Share Price Momentum?

MGE Energy, Inc.: A Sound, Very Straightforward Investment

Dec 18

What Kind Of Investors Own Most Of MGE Energy, Inc. (NASDAQ:MGEE)?

Dec 14
What Kind Of Investors Own Most Of MGE Energy, Inc. (NASDAQ:MGEE)?

Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Dec 01
Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Have Insiders Been Buying MGE Energy, Inc. (NASDAQ:MGEE) Shares?

Nov 19
Have Insiders Been Buying MGE Energy, Inc. (NASDAQ:MGEE) Shares?

CEO Compensation Analysis

How has Jeff Keebler's remuneration changed compared to MGE Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$3mUS$711k

US$118m

Sep 30 2023n/an/a

US$119m

Jun 30 2023n/an/a

US$115m

Mar 31 2023n/an/a

US$108m

Dec 31 2022US$2mUS$672k

US$111m

Sep 30 2022n/an/a

US$103m

Jun 30 2022n/an/a

US$104m

Mar 31 2022n/an/a

US$105m

Dec 31 2021US$3mUS$643k

US$106m

Sep 30 2021n/an/a

US$108m

Jun 30 2021n/an/a

US$105m

Mar 31 2021n/an/a

US$101m

Dec 31 2020US$3mUS$620k

US$92m

Sep 30 2020n/an/a

US$93m

Jun 30 2020n/an/a

US$92m

Mar 31 2020n/an/a

US$89m

Dec 31 2019US$2mUS$592k

US$87m

Sep 30 2019n/an/a

US$87m

Jun 30 2019n/an/a

US$85m

Mar 31 2019n/an/a

US$88m

Dec 31 2018US$2mUS$521k

US$84m

Sep 30 2018n/an/a

US$104m

Jun 30 2018n/an/a

US$101m

Mar 31 2018n/an/a

US$98m

Dec 31 2017US$2mUS$440k

US$98m

Compensation vs Market: Jeff's total compensation ($USD2.57M) is below average for companies of similar size in the US market ($USD6.57M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.


CEO

Jeff Keebler (51 yo)

7.1yrs

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

NamePositionTenureCompensationOwnership
Jeffrey Keebler
President7.1yrsUS$2.57m0.012%
$ 348.9k
Jared Bushek
VP, CFO & Treasurer3.6yrsUS$820.88k0.0029%
$ 82.3k
Tamara Johnson
VP, Chief Accounting Officer & Controller8.8yrsUS$920.23k0.0030%
$ 85.4k
Cari Renlund
VP, General Counsel & Secretary8.4yrsUS$832.72k0.0027%
$ 77.2k
Lynn Hobbie
President of Marketing & Communications24.2yrsUS$1.01m0.026%
$ 733.9k
Bryan Sullivan
Assistant VP & Chief Information Officerno datano datano data
Ken Frassetto
Director - Shareholder Services and Treasury Managementno datano datano data
Melissa Garner
Assistant Vice President of Human Resourcesno datano datano data

8.4yrs

Average Tenure

50yo

Average Age

Experienced Management: MGEE's management team is seasoned and experienced (8.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Keebler
President7.1yrsUS$2.57m0.012%
$ 348.9k
Gary Wolter
Director24.3yrsUS$157.00k0.057%
$ 1.6m
James Berbee
Independent Director6.1yrsUS$160.00k0.027%
$ 760.5k
Mark Bugher
Lead Independent Director13.6yrsUS$169.50k0.0054%
$ 152.5k
Londa Dewey
Independent Director16.2yrsUS$161.50k0.014%
$ 396.4k
Thomas Stolper
Independent Director15.3yrsUS$161.50k0.016%
$ 443.4k
Daniel Kelly
Independent Directorless than a yearno data0%
$ 0
James Possin
Independent Director14.4yrsUS$171.00k0.012%
$ 327.1k
Patricia Ackerman
Independent Directorless than a yearno data0%
$ 0
Angela Rieger
Independent Directorless than a yearno data0%
$ 0
Marcia Anderson
Independent Director6.1yrsUS$170.00k0.0031%
$ 88.6k
Noble Wray
Independent Director2.6yrsUS$155.50k0.000070%
$ 2.0k

6.6yrs

Average Tenure

62yo

Average Age

Experienced Board: MGEE's board of directors are considered experienced (6.6 years average tenure).


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