Otter Tail Corp. reported it has appointed Jeanne Crain of Minneapolis, Minnesota, and Mary Ludford of Chicago, Illinois, to the company's Board of Directors, as of January 1, 2023. The company noted that outgoing Board Member James Stake, who has served as an independent Board member since 2008, has chosen not to stand for re-election and instead retire from the Board following the Company's upcoming Annual Meeting of Shareholders in April 2023.

Stake would have reached mandatory retirement age during the upcoming term had he stood for re-election. Ms. Crain is president and chief executive officer of a $16 billion financial services organization with locations in Minnesota, Wisconsin, and North Dakota. Crain earned her masters in business administration from Marquette University and has a bachelor's degree from the University of North Dakota, where she was a 2018 recipient of the Sioux Award, the highest honor given by the Alumni Association and Foundation for achievement, service, and loyalty.

She is a native of North Dakota, is a member of the Board of Directors for the Minneapolis Federal Reserve Bank where she serves as the Chair of its Audit Committee, and has been recognized by the Minneapolis/St. Paul Business Journal as one of their Most Admired CEOs. Ludford is an accomplished senior operating executive with 39 years of energy-industry experience developing and executing complex strategic plans for a fortune 100 company in a regulated environment.

Ludford has been appointed to serve on the Audit and Corporate Governance Committees of Otter Tail's Board. Ludford graduated with her masters in business administration from Loyola University.