MGE Energy Executive Compensation
MGE Energy is a publicly traded company in the Energy sector.
Named Executive Officers — FY2025
Compensation Analysis
Computed directly from SEC-sourced figures tracked on this page — not a general description.
MGE Energy discloses FY2025 compensation for 4 named executive officers, totaling $6.4M. Jeffrey M. Keebler, the Chairman President, accounts for 48% of that combined total.
Jeffrey M. Keebler's total compensation rose 46% year-over-year, from $2.1M in FY2024 to $3.1M in FY2025.
Cash compensation (salary plus bonus) made up 30% of MGE Energy's FY2025 tracked executive pay, with stock awards accounting for 39%. That's notably more stock-weighted than the typical Energy company in this dataset, where stock awards average 2% of tracked pay.
Among 43 other Energy companies in this dataset, MGE Energy's combined tracked executive pay of $6.4M ranks in the 33th percentile (industry median: $14.1M). Its highest-paid executive, Jeffrey M. Keebler, ranks in the 33th percentile for top-executive pay in the sector (industry median: $6.6M).
Compensation figures on this page for MGE Energy come directly from its SEC DEF 14A proxy statement(s), filed with the SEC via EDGAR — not from crowdsourced or self-reported salary data.