Bethany Owen is Chair, President and CEO of ALLETE, Inc. (ALE). The company reported total compensation of $3,720,063 for fiscal year 2024.
| Salary | $871,175 |
|---|---|
| Bonus | $0 |
| Stock awards | $1,378,138 |
| Option awards | $0 |
| Non-equity incentive plan | $1,329,692 |
| Pension and non-qualified deferred compensation | $2,322 |
| All other compensation | $138,736 |
| Total | $3,720,063 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure ALLETE, Inc. filed March 31, 2025, accession 0000066756-25-000043.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2024 | Chair, President and CEO | $871,175 | $0 | $1,378,138 | $0 | $1,329,692 | $2,322 | $138,736 | $3,720,063 |
| FY2023 | Chair, President and CEO | $753,893 | $0 | $963,802 | $0 | $1,409,720 | $75,329 | $371,998 | $3,574,742 |
| FY2022 | Chair, President and CEO | $696,116 | $0 | $797,313 | $0 | $656,482 | $0 | $188,511 | $2,338,422 |
Totals as disclosed in each year's own compensation disclosure for ALLETE, Inc..
| Peer-group chief executive median | $5,016,745 |
|---|---|
| Difference from that median | $-1,296,682 |
| Percentile within the disclosed peer group | 20th |
| Peers with a disclosed figure | 15 |
Medians and percentiles are computed across the peer group ALLETE, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2024 total |
|---|---|---|
| Bethany Owen this page | Chair, President and CEO | $3,720,063 |
| Steven Morris | Senior Vice President; former CFO | $1,575,685 |
| Nicole Johnson | Vice President; President–ALLETE Clean Energy | $1,098,046 |
| Joshua Skelton | Vice President; Chief Operating Officer - MP | $911,877 |
| Jeffrey Scissons | Vice President; CFO and Corporate Treasurer | $720,186 |
The company's named executive officers for fiscal year 2024, and what it reported for each. See the full ALLETE, Inc. compensation brief.
Bethany Owen's compensation sits inside ALLETE, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.