Otter Tail announces CEO resignation | CanadianBusiness.com http://www.canadianbusines s.com/article/44164-- otter-tail-announc es-ceo-resignation[9/ 21/2011 3:39:33 PM] CANADIAN BUSINESS NETWORK Text: A A 0 Text: A A COMMENT ANONYMOUSLY LOGIN TO COMMENT Topics AP Otter Tail announces CEO resignation By AP | Septembe r 09, 2011 FERGUS FALLS, Minn. (AP) — Otter Tail Corp. says John Erickson has resigned as president and CEO. Erickson will continue on the board of directors. The board has appointed current director Jim McIntyre to serve as interim chief executive. In a news release, board chairman John MacFarlane says Erickson and the board determined that Otter Tail "would be best served by new leadership to move the corporation's strategy forward." MacFarlane says the board "fully endorses" its strategy to narrow its portfolio of businesses and allow the company to pursue investment opportunities in its electric utility. Otter Tail's interests include an electric utility and energy services company, wind energy and transportation, health services, and infrastructure businesses. Corporate offices are in Fergus Falls and Fargo, N.D. The board is searching for a permanent CEO. ___ Online: http://www.ottertail.com Topics AP Comments Newsletter Twitter Facebook Podcast Mobile RSS MORE MARKET NEWS TOOLS:Stock Quote / Mutual Funds / Portfolio MARKET NEWS Singapore stock market chief rules out further takeover bids following failed Australian bid Edge Resources buys production assets in Edmonton Sands for $1.8 million GM expands technology investments in China, sees 5 per cent sales growth for market in 2011 Confirm Like Share Subscribe OI L -1.50% 85.62 GOLD -1.23% 1,784.60 CA D 1.00 CAD = 0.9946 News & Analysis Small Business Personal Finance Politics International Connect Login Register SUBSCRIBE: Home News & Markets Blogs & Analysis Strategy Technology Investing Lifestyle HOT TOPICS: Business Briefings Leadership Q&A Real Estate Energy Growth Forum Get Stock Quotes MORE TOPICS Read Magazine Magazine Newsletters My Portfolio / Discussions / Multimedia Lists & Rankings Search CanadianBus iness.com