Black Hills Management
Management criteria checks 2/4
Black Hills' CEO is Linn Evans, appointed in Jan 2016, has a tenure of 8.25 years. total yearly compensation is $5.64M, comprised of 15.8% salary and 84.2% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $7.84M. The average tenure of the management team and the board of directors is 1.2 years and 6.3 years respectively.
Key information
Linn Evans
Chief executive officer
US$5.6m
Total compensation
| CEO salary percentage | 15.8% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.2yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Black Hills Corporation's (NYSE:BKH) CEO Compensation For The Time Being
Apr 18
Investors Aren't Buying Black Hills Corporation's (NYSE:BKH) Earnings
Apr 14Black Hills Corporation: Dividend King To Benefit From Population Growth
Apr 13Here's Why Black Hills (NYSE:BKH) Is Weighed Down By Its Debt Load
Mar 17Earnings Update: Black Hills Corporation (NYSE:BKH) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Feb 10Black Hills (NYSE:BKH) Is Increasing Its Dividend To $0.65
Feb 01Black Hills: Dividend Aristocrat Value You Shouldn't Overlook
Jan 31Returns At Black Hills (NYSE:BKH) Appear To Be Weighed Down
Jan 16Earnings Working Against Black Hills Corporation's (NYSE:BKH) Share Price
Jan 03Black Hills Corporation: Undervalued Share And Rising Dividend, But Slower Growth Ahead
Dec 19Calculating The Fair Value Of Black Hills Corporation (NYSE:BKH)
Dec 15Black Hills Corporation Still In The Black
Nov 08Black Hills' (NYSE:BKH) Dividend Will Be $0.625
Oct 27Black Hills (NYSE:BKH) Use Of Debt Could Be Considered Risky
Oct 21Black Hills: Dividend King At 52-Week Low, A Gift For Income Investors
Oct 01Returns On Capital At Black Hills (NYSE:BKH) Paint A Concerning Picture
Sep 22A Look At The Fair Value Of Black Hills Corporation (NYSE:BKH)
Sep 05Why I Believe Black Hills Corporation Is A Buy Now
Jul 25Black Hills (NYSE:BKH) Use Of Debt Could Be Considered Risky
Jul 21Investors Could Be Concerned With Black Hills' (NYSE:BKH) Returns On Capital
Jun 23Black Hills Stock: Good Company For Stability, But Overpriced
Jun 20Estimating The Fair Value Of Black Hills Corporation (NYSE:BKH)
May 23Black Hills (NYSE:BKH) Is Increasing Its Dividend To $0.625
Apr 28Here's What To Make Of Black Hills' (NYSE:BKH) Decelerating Rates Of Return
Mar 13Black Hills (NYSE:BKH) Has A Somewhat Strained Balance Sheet
Feb 26Black Hills (NYSE:BKH) Will Pay A Larger Dividend Than Last Year At $0.625
Feb 08Black Hills Q4 results beat estimates, co revises 2023 EPS guidance
Feb 07Are Black Hills Corporation (NYSE:BKH) Investors Paying Above The Intrinsic Value?
Feb 01Black Hills: Buy This Steady Eddy Dividend King
Jan 23Does Black Hills (NYSE:BKH) Have A Healthy Balance Sheet?
Nov 24Black Hills' (NYSE:BKH) Dividend Will Be Increased To $0.625
Nov 03Black Hills GAAP EPS of $0.54 misses by $0.03, revenue of $462.6M beats by $69.36M
Nov 02Black Hills: Shares Fairly Valued, But In A Bearish Downtrend Ahead Of Earnings
Oct 25Black Hills (NYSE:BKH) Has More To Do To Multiply In Value Going Forward
Aug 22If EPS Growth Is Important To You, Black Hills (NYSE:BKH) Presents An Opportunity
Aug 07Black Hills: Why This Dividend King Is Currently A Buy
Aug 05Black Hills declares $0.595 dividend
Jul 25Black Hills (NYSE:BKH) Has A Somewhat Strained Balance Sheet
Jul 20Returns On Capital At Black Hills (NYSE:BKH) Have Stalled
May 24Black Hills Offers Stability In These Turbulent Times
May 10Estimating The Intrinsic Value Of Black Hills Corporation (NYSE:BKH)
May 09Investors Met With Slowing Returns on Capital At Black Hills (NYSE:BKH)
Feb 18Selling Black Hills Before Earnings
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$893k | US$262m |
| Sep 30 2023 | n/a | n/a | US$255m |
| Jun 30 2023 | n/a | n/a | US$245m |
| Mar 31 2023 | n/a | n/a | US$255m |
| Dec 31 2022 | US$4m | US$854k | US$258m |
| Sep 30 2022 | n/a | n/a | US$257m |
| Jun 30 2022 | n/a | n/a | US$266m |
| Mar 31 2022 | n/a | n/a | US$258m |
| Dec 31 2021 | US$4m | US$819k | US$237m |
| Sep 30 2021 | n/a | n/a | US$243m |
| Jun 30 2021 | n/a | n/a | US$235m |
| Mar 31 2021 | n/a | n/a | US$231m |
| Dec 31 2020 | US$4m | US$783k | US$228m |
| Sep 30 2020 | n/a | n/a | US$220m |
| Jun 30 2020 | n/a | n/a | US$195m |
| Mar 31 2020 | n/a | n/a | US$189m |
| Dec 31 2019 | US$4m | US$713k | US$199m |
| Sep 30 2019 | n/a | n/a | US$218m |
| Jun 30 2019 | n/a | n/a | US$224m |
| Mar 31 2019 | n/a | n/a | US$234m |
| Dec 31 2018 | US$2m | US$530k | US$265m |
| Sep 30 2018 | n/a | n/a | US$242m |
| Jun 30 2018 | n/a | n/a | US$253m |
| Mar 31 2018 | n/a | n/a | US$251m |
| Dec 31 2017 | US$2m | US$523k | US$194m |
Compensation vs Market: Linn's total compensation ($USD5.64M) is about average for companies of similar size in the US market ($USD6.64M).
Compensation vs Earnings: Linn's compensation has increased by more than 20% in the past year.
CEO
Linn Evans (60 yo)
8.3yrs
Tenure
US$5,639,002
Compensation
Mr. Linden R. Evans, also known as Linn, has been the Chief Executive Officer and Chairman at Black Hills Power Inc. since January 1, 2019. Mr. Evans served as Chief Operating Officer at Black Hills Power...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.3yrs | US$5.64m | 0.22% $ 7.9m | |
| Senior VP & CFO | less than a year | US$1.73m | 0.032% $ 1.2m | |
| Senior VP & Chief Information Officer | 3.8yrs | US$1.07m | 0.013% $ 456.4k | |
| Senior VP | 8yrs | US$1.67m | 0.063% $ 2.2m | |
| Senior Vice President of Utilities | less than a year | US$1.41m | 0.023% $ 825.0k | |
| Director of Investor Relations | no data | no data | no data | |
| Senior Vice President Growth and Strategy | less than a year | no data | 0.024% $ 849.8k | |
| VP of Governance | no data | no data | no data | |
| VP, Corporate Controller & Chief Risk Officer | 1.4yrs | no data | no data | |
| VP & Treasurer | less than a year | no data | no data |
1.2yrs
Average Tenure
54yo
Average Age
Experienced Management: BKH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.4yrs | US$5.64m | 0.22% $ 7.9m | |
| Independent Chairman | 12.5yrs | US$322.50k | 0.030% $ 1.1m | |
| Independent Director | 8.6yrs | US$247.50k | 0.012% $ 418.4k | |
| Independent Director | 3.5yrs | US$223.33k | 0.0039% $ 138.3k | |
| Independent Director | 4.4yrs | US$245.42k | 0.013% $ 466.4k | |
| Independent Director | 3.5yrs | US$222.50k | 0.0037% $ 134.0k | |
| Independent Director | 7.6yrs | US$242.50k | 0.0069% $ 246.1k | |
| Independent Director | 12.9yrs | US$240.00k | 0.0099% $ 354.7k | |
| Independent Director | 4.4yrs | US$225.00k | 0.011% $ 386.9k | |
| Independent Director | 7.3yrs | US$225.00k | 0.0081% $ 289.8k |
6.3yrs
Average Tenure
62yo
Average Age
Experienced Board: BKH's board of directors are considered experienced (6.3 years average tenure).