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MIDWEST ENERGY COOPERATIVE

MI · Food & Agriculture · EIN 383386126

38
Executives Disclosed
$168.1M
Annual Revenue
$592.5M
Total Assets
3:1
Internal Pay Ratio

MIDWEST ENERGY COOPERATIVE has 38 executives with disclosed compensation. The highest-paid executive, Robert Hance (CEO/PRESIDENT (THRU 9/24)), received peak total compensation of $744,737. The sector average for Food & Agriculture executives is $101K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Robert Hance CEO/PRESIDENT (THRU 9/24) $745K $745K 2016–2024 9.9x
Terry Rubenthaler CEO/PRESIDENT $424K $424K 2016–2024 5.7x
Todd Crandall CFO $343K $343K 2016–2024 4.6x
Dwain Chapman CHIEF STRAT & CYBER SEC (THRU 6/24) $329K $157K 2023–2024 4.4x
Stephen Hunsberger LINEMAN $314K $314K 2019–2023 4.2x
James Haas VP REGULATORY & GAS OPERATIONS $305K $305K 2016–2024 4.1x
Candy Riem VP MARKETING & MEMBER SOLUTIONS $289K $289K 2018–2024 3.9x
John Miner CFO (THRU 9/17) $288K $160K 2016–2017 3.8x
Chad Ritchie VP ELECTRIC & FIBER OPERATIONS $277K $275K 2017–2024 3.7x
Kurt Schantz LINEMAN $267K $267K 2016–2023 3.6x
Kerri Wade VP EMPLOYMENT ENGAGEMENT $255K $255K 2019–2024 3.4x
Patricia Nowlin VP OF CORPORATE COMMUNICATIONS $253K $253K 2020–2021 3.4x
Jordan Wilson LINEMAN $250K $250K 2018–2024 3.3x
Mark Vantine LINEMAN $247K $247K 2024–2024 3.3x
David Allen VP REGULATORY & GAS OPERATIONS $239K $239K 2017–2024 3.2x
Patrick Harding LINEMAN $238K $238K 2021–2024 3.2x
Henry Krohne LINEMAN $192K $192K 2022–2022 2.6x
Michael Miller LINEMAN IN CHARGE $189K $189K 2018–2018 2.5x
Mike Miller LINEMAN IN CHARGE $186K $186K 2017–2020 2.5x
Prentice Carpenter Lineman in Charge $184K $184K 2016–2016 2.5x
Thomas Baumeister LINEMAN IN CHARGE $176K $176K 2019–2019 2.3x
Gregory Hodgson LINEMAN $172K $158K 2016–2017 2.3x
Joseph Sobieski Lineman $152K $152K 2016–2016 2x
Gerry Bundle DIRECTOR $34K $0 2016–2024 0.4x
Daniel Bodette VICE CHAIRMAN $26K $0 2019–2024 0.3x
Clarence Barth CHAIRMAN $24K $0 2016–2024 0.3x
Ronald Armstrong SECRETARY $23K $0 2016–2024 0.3x
Erika Escue-Cadieux DIRECTOR $23K $0 2019–2024 0.3x
Dwain Arell Chapman DIRECTOR (THROUGH 08/2019) $22K $0 2016–2019 0.3x
Jim Wiseley DIRECTOR $22K $0 2024–2024 0.3x
Fred Turk DIRECTOR $22K $0 2016–2024 0.3x
James Wisely DIRECTOR $20K $0 2022–2023 0.3x
James Dickerson DIRECTOR (THRU 8/22) $15K $0 2016–2022 0.2x
John Green TREASURER $15K $0 2016–2024 0.2x
Ben Russell VICE CHAIRMAN (THRU 6/24) $10K $0 2016–2024 0.1x
Harold Gentz DIRECTOR $10K $0 2016–2018 0.1x
Jeffery Diehl DIRECTOR $4K $0 2024–2024 0.1x
Colyne Sorsby Through 516 Director $3K $0 2016–2016 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 19 $244K $556K $2.0M
2017 18 $222K $482K $1.8M
2018 17 $249K $582K $1.7M
2019 21 $248K $628K $2.7M
2020 20 $273K $678K $3.0M
2021 20 $290K $642K $3.2M
2022 21 $266K $519K $2.9M
2023 21 $302K $582K $3.6M
2024 22 $314K $745K $3.8M