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MGE Energy, Inc. (MGEE)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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78.72+1.19 (+1.53%)
At close: 04:00PM EDT
78.72 0.00 (0.00%)
After hours: 04:03PM EDT

MGE Energy, Inc.

133 South Blair Street
Madison, WI 53788
United States
608 252 7000
https://www.mgeenergy.com

Sector(s)Utilities
IndustryUtilities - Regulated Electric
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Jeffrey M. KeeblerPresident, CEO & Chairman of the Board1.16MN/A1972
Mr. Jared Joseph BushekVP, CFO & Treasurer699.08kN/A1981
Ms. Tamara Jean JohnsonVP, Chief Accounting Officer & Controller416.67kN/A1965
Ms. Cari Anne RenlundVP, General Counsel & Secretary887.6kN/A1974
Ms. Lynn K. HobbieExecutive Vice President of Marketing & Communications544.73kN/A1959
Bryan R. SullivanAssistant VP & Chief Information OfficerN/AN/A1973
Mr. Ken FrassettoDirector - Shareholder Services and Treasury ManagementN/AN/AN/A
Melissa T. GarnerAssistant Vice President of Human ResourcesN/AN/A1982
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity and natural gas in Wisconsin and Iowa; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It generates electricity from coal-fired, gas-fired, and renewable energy sources. As of December 31, 2023, the company owned and operated 835 miles of overhead electric distribution lines; 1,330 miles of underground electric distribution cables; 49 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,066 miles of distribution mains, as well as supplied electric service to approximately 163,000 customers. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.

Corporate governance

MGE Energy, Inc.’s ISS governance QualityScore as of 1 March 2024 is 3. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.