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CompBrief
Fiscal year 2025

Jeffrey Keebler — FY2025 total compensation $3,613,508

Jeffrey Keebler is Chairman of the Board, President, and Chief Executive Officer of MGE Energy Inc (MGEE). The company reported total compensation of $3,613,508 for fiscal year 2025.

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Fiscal year 2025 compensation

Salary$795,833
Bonus$0
Stock awards$1,402,881
Option awards$0
Non-equity incentive plan$865,920
Pension and non-qualified deferred compensation$531,180
All other compensation$17,694
Total$3,613,508

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 MGE Energy Inc filed April 2, 2026, accession 0001161728-26-000005.

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Peer context

Peer-group chief executive median$4,773,308
Difference from that median$-1,159,800
Percentile within the disclosed peer group11th
Peers with a disclosed figure8

Medians and percentiles are computed across the peer group MGE Energy Inc discloses in its own compensation disclosure.

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The other named executive officers of MGE Energy Inc

Named executive officerRoleFY2025 total
Jeffrey Keebler this pageChairman of the Board, President, and Chief Executive Officer$3,613,508
Jared BushekVice President – Chief Financial Officer and Treasurer$1,464,884
Cari Anne RenlundVice President, General Counsel and Secretary$1,059,923
James LorenzVice President – Energy Operations$987,203
Lynn HobbieFormer Executive Vice President$910,888

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full MGE Energy Inc compensation brief.

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The company page

Jeffrey Keebler's compensation sits inside MGE Energy Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The MGE Energy Inc (MGEE) compensation brief