How Bird was paid
$5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Brian BirdPresident and Chief Executive Officer | $921,263 | $2,700,022 | $743,400 | $41,647 | $610,413 | $5,016,745 |
| Crystal LailVice President and Chief Financial Officer | $511,813 | $624,967 | $309,750 | $41,881 | $208,519 | $1,696,930 |
| Shannon HeimGeneral Counsel and Vice President, Federal Gov't Affairs | $378,741 | $351,549 | $152,810 | — | $134,939 | $1,018,039 |
| Bobbi SchroeppelVice President – Customer Care, Communications and HR | $358,269 | $227,520 | $130,095 | $50,672 | $142,237 | $908,793 |
| John HinesVice President – Supply / Montana Govt Affairs | $353,151 | $224,303 | $128,237 | $126,134 | $109,639 | $941,464 |
What changed and why
- $5MBrian Bird received total compensation of $5,016,745 in 2025, an increase from $4,811,089 in 2024.
- 98.3%Shareholders approved the 2024 executive compensation program with 98.3 percent support at the prior annual meeting.
- The company announced a transformational merger of equals with Black Hills Corporation in August 2025.
- 80%Annual incentive awards paid out at 80 percent of target based on financial and operating results.
- 60%Long-term equity incentive awards comprise 60 percent of the CEO's total compensation structure.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.