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CompBrief
Fiscal year 2025

Linden Evans — FY2025 total compensation $5,991,759

Linden Evans is President and Chief Executive Officer of Black Hills Corp (BKH). The company reported total compensation of $5,991,759 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$995,594
Bonus$0
Stock awards$2,966,688
Option awards$0
Non-equity incentive plan$1,294,886
Pension and non-qualified deferred compensation$4,179
All other compensation$730,412
Total$5,991,759

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 Black Hills Corp filed March 18, 2026, accession 0001193125-26-113958.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025President and Chief Executive Officer$995,594$0$2,966,688$0$1,294,886$4,179$730,412$5,991,759
FY2024President and Chief Executive Officer$978,846$0$3,000,463$0$1,019,958$0$787,874$5,787,141
FY2023President and Chief Executive Officer$893,333$0$2,729,666$0$1,372,785$35,493$607,725$5,639,002

Totals as disclosed in each year's own compensation disclosure for Black Hills Corp.

03

Peer context

Peer-group chief executive median$5,575,027
Difference from that median$416,732
Percentile within the disclosed peer group52nd
Peers with a disclosed figure21

Medians and percentiles are computed across the peer group Black Hills Corp discloses in its own compensation disclosure.

04

The other named executive officers of Black Hills Corp

Named executive officerRoleFY2025 total
Linden Evans this pagePresident and Chief Executive Officer$5,991,759
Kimberly NooneySr. Vice President and Chief Financial Officer$3,192,320
Marne JonesSr. Vice President and Chief Utility Officer$2,742,599
Phillip CaseyFormer Sr. Vice President, General Counsel and Chief Compliance Officer$1,261,751
Sarah WiltseSr. Vice President and Chief Human Resources Officer$1,025,585
Don ReddenSr. Vice President and Chief Information and Transformation Officer$684,374

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Black Hills Corp compensation brief.

05

The company page

Linden Evans's compensation sits inside Black Hills Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Black Hills Corp (BKH) compensation brief