| Percent of Total Compensation | |||||||||||
| Component | Description | CEO | Other NEO Avg. | ||||||||
| Base Salary Fixed, paid in cash | Target middle of competitive range of peer group, with adjustments for trade area economics, turnover, tenure, and experience | 25% | 44% | ||||||||
| Annual Cash Incentive Variable, paid in cash | Based on net income, safety, reliability, and customer satisfaction metrics and individual performance | 25% | 22% | ||||||||
| Long-Term Incentive Program Award Variable or at risk, paid in equity | 70 percent performance share units, based on EPS, ROAE and relative TSR performance over a three-year performance period and 30 percent restricted share units vesting over a three-year restricted period. | 50% | 34% | ||||||||
| 2023 Annual Cash Incentive Outcome | 77% | Long-Term Incentive Program Vesting in 2023 | 28% | ||||||
| Name and Principal Position | Year (1) | Salary ($) | Stock Awards ($) (2) | Non-Equity Incentive Plan Compensation ($) | Change in Pension Value and Nonqualified Deferred Compensation Earnings ($) (3) | All Other Compen- sation ($) (4) | Total ($) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Brian Bird | President and Chief Executive Officer | 2023 | 794,519 | 1,600,000 | 616,000 | 34,619 | 65,464 | 3,110,602 | 2022 | 511,019 | 1,731,774 | 370,800 | — | 61,218 | 2,674,811 | 2021 | 494,774 | 850,000 | 397,500 | 8,196 | 62,157 | 1,812,627 | Crystal Lail | Vice President and Chief Financial Officer | 2023 | 457,716 | 474,375 | 237,425 | 23,479 | 64,249 | 1,257,244 | 2022 | 402,548 | 498,750 | 217,800 | — | 62,937 | 1,182,035 | 2021 | 362,307 | 431,250 | 198,750 | 1,954 | 51,193 | 1,045,454 | Shannon Heim | General Counsel and Vice President, Federal Gov't Affairs | 2023 | 347,369 | 227,500 | 121,275 | — | 73,966 | 770,110 | John Hines | Vice President – Supply & Montana Government Affairs | 2023 | 326,553 | 189,694 | 101,758 | 123,663 | 42,373 | 784,041 | Bobbi Schroeppel | Vice President – Customer Care, Communications and HR | 2023 | 325,187 | 188,900 | 101,333 | 33,634 | 86,529 | 735,583 | 2022 | 311,428 | 229,068 | 120,896 | — | 66,243 | 727,635 | 2021 | 300,832 | 224,045 | 128,048 | 1,509 | 54,834 | 709,268 | |||||||||||||||||||||||||||||||||||||||||||||
| For our executives, the funding (as a percentage of target) under the annual incentive plan has ranged from 74 percent to 136 percent for the five previous years, as illustrated in the table to the right. | Historical Funding of Annual Cash Incentive (as a percentage of target) | ||||||||||||||||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | |||||||||||||||||||
| 136% | 126% | 74% | 106% | 96% | |||||||||||||||||||
| For many years, including 2023, the annual incentive plan has used four categories of performance measures to determine the plan funding percentage – financial, safety, reliability, and customer satisfaction. The relative weightings of these measures are set forth in the graphic to the left. In order for any awards under the 2023 annual incentive plan to be earned and paid out, the Company must attain at least 90 percent of the budgeted net income target, which coincides with the threshold net income target for the plan. This metric for determining performance against our financial goal is derived from our audited financial statements. | |||||||||||||||||||||||
| Name | Base Salary ($) | Targeted Annual Incentive ($) | 2x Base Salary + 2x Targeted Annual Incentive ($) | Interrupted Annual Bonus ($) (1) | COBRA Premiums ($) (2) | Outplacement Services ($) | Amount of Potential Severance Benefit ($) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Brian Bird | 800,000 | 800,000 | 3,200,000 | 733,333 | 37,154 | 12,000 | 3,982,487 | Crystal Lail | 474,375 | 308,344 | 1,565,438 | 282,649 | 37,875 | 12,000 | 1,897,962 | Shannon Heim | 350,000 | 157,500 | 1,015,000 | 144,375 | 57,935 | 12,000 | 1,229,310 | John Hines | 330,383 | 132,153 | 925,072 | 121,140 | 37,330 | 12,000 | 1,095,542 | Bobbi Schroeppel | 329,002 | 131,601 | 921,206 | 120,634 | 54,777 | 12,000 | 1,108,617 | |||||||||||||||||||||||
