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United States

MDU Resources Group Inc (MDU)

MDU on New York Consolidated

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17 Oct 2017
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Summary

Name Age Since Current Position

Harry Pearce

74 2006 Chairman of the Board

David Goodin

55 2013 President, Chief Executive Officer, Director

Jason Vollmer

40 2017 Chief Financial Officer, Vice President, Treasurer

David Barney

61 2016 President and Chief Executive Officer - Construction Materials & Contracting Segment

Nicole Kivisto

43 2015 President and Chief Executive Officer of Montana-Dakota Utilities Co., Great Plains Natural Gas Co., Cascade Natural Gas Corporation, and Intermountain Gas Company

Jeff Thiede

54 2013 President, Chief Executive Officer of MDU Construction Services Group

Dennis Haider

64 2013 Executive Vice President - Business Development

Stephanie Barth

45 2017 Chief Accounting Officer, Vice President, Controller

Margaret Link

50 2016 Chief Information Officer

Daniel Kuntz

63 2017 Vice President, General Counsel, Secretary

Anne Jones

53 2016 Vice President - Human Resources

Thomas Everist

67 1995 Independent Director

Karen Fagg

63 2005 Independent Director

Mark Hellerstein

64 2013 Independent Director

A. Bart Holaday

74 2008 Independent Director

Dennis Johnson

67 2001 Independent Director

William McCracken

74 2013 Independent Director

Patricia Moss

63 2003 Independent Director

John Wilson

62 2003 Independent Director

Phyllis Rittenbach

Director - Investor Relations

Biographies

Name Description

Harry Pearce

Mr. Harry Jonathan Pearce is Chairman of the Board of the Company. Mr. Pearce was Chairman of the board of the company effective August 17, 2006; lead director from February 15, 2001 until August 17, 2006; and vice chairman of the board from November 16, 2000 until February 15, 2001. He served as Vice chairman and director of General Motors Corporation from January 1, 1996 to May 31, 2001; general counsel from 1987 to 1994. He was Senior partner in the Pearce & Durick law firm in Bismarck, North Dakota, prior to joining General Motors in 1987. Mr. Pearce received a bachelor’s degree in engineering sciences from the U.S. Air Force Academy and juris doctor degree from Northwestern University’s School of Law.

David Goodin

Mr. David L. Goodin is President, Chief Executive Officer, Director of the Company. Mr. Goodin President and chief executive officer and a director of the company since January 4, 2013. He served as chief executive officer and president of Intermountain Gas Company, Cascade Natural Gas Corporation, Montana-Dakota Utilities Co., and Great Plains Natural Gas Co. He Began his career in 1983 at Montana-Dakota Utilities Co. as a division electrical engineer and served in positions of increasing responsibility until 2007 when he was named president of Cascade Natural Gas Corporation; positions included division electric superintendent, electric systems manager, vice president-operations, and executive vice president-operations and acquisitions. Mr. Goodin has a bachelor of science degree in electrical and electronics engineering from North Dakota State University, a Masters in business administration from the University of North Dakota, and has completed the Advanced Management Program at Harvard School of Business.

Jason Vollmer

Mr. Jason L. Vollmer has been appointed as Chief Financial Officer, Vice President, Treasurer of the Company effective September 30, 2017. Mr. Vollmer joined the Company in 2005 and has held a number of accounting and financial positions with increasing responsibility. He was appointed to his current position of Vice President, Chief Accounting Officer and Treasurer effective March 19, 2016; prior to that, he served as Treasurer and Director of Cash and Risk Management of the Company effective November 29, 2014; prior to that, he served as Assistant Treasurer of Centennial Energy Holdings, Inc. and Manager of Treasury Services and Risk Management from June 2014 to November 2014, Manager of Treasury Services, Cash and Risk Management from April 2011 to June 2014, and Financial Analyst IV of the Treasury Services Department from February 2009 to April 2011

David Barney

Mr. David C Barney is President and Chief Executive Officer - Construction Materials & Contracting Segment of the Company. Mr. Barney was elected president and chief executive officer of Knife River Corporation effective April 30, 2013, and president effective January 1, 2012.

Nicole Kivisto

Ms. Nicole A. Kivisto is President and Chief Executive Officer of Montana-Dakota Utilities Co., Great Plains Natural Gas Co., Cascade Natural Gas Corporation, and Intermountain Gas Company, effective January 9, 2015. She was vice president of operations for Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. effective January 3, 2014, and vice president, controller and chief accounting officer for the company effective February 17, 2010.

Jeff Thiede

Mr. Jeff S Thiede is President, Chief Executive Officer of MDU Construction Services Group, Inc. effective April 30, 2013, and president effective January 1, 2012.

Dennis Haider

Mr. Dennis L. Haider is Executive Vice President - Business Development of the Company. Mr. Haider was executive vice president-business development and gas supply of Montana-Dakota Utilities Co., Great Plains Natural Gas Co., Cascade Natural Gas Corporation, and Intermountain Gas Company from January 1, 2012 to May 31, 2013.

Stephanie Barth

Ms. Stephanie A. Barth has been appointed as Chief Accounting Officer, Vice President, Controller of the Company effective September 30, 2017. Ms. Barth was hired as an accountant at WBI Energy, Inc., a subsidiary of MDU Resources, in 1996 and has held a number of accounting and financial positions with increasing responsibility at WBI Energy. On December 22, 2008, she was named Director Financial Planning & Reporting at WBI Energy. On September 30, 2013, she was promoted to Controller and January 2015 was named Vice President, Chief Accounting Officer and Treasurer at the subsidiary. On May 30, 2016, Barth was also named Controller at MDU Resources.

Margaret Link

Ms. Margaret A. Link is Chief Information Officer of the Company. She was assistant vice president-technology and cybersecurity officer effective January 1, 2015, and director shared IT services effective June 2, 2009.

Daniel Kuntz

Mr. Daniel S. Kuntz is Vice President, General Counsel, Secretary of the Company, effective January 1, 2017. Prior to that, he was general counsel and secretary effective January 9, 2016, associate general counsel effective April 1, 2007, and assistant secretary effective August 17, 2007.

Anne Jones

Ms. Anne M. Jones is Vice President - Human Resources of the Company. She was vice president-human resources, customer service, and safety at Montana-Dakota Utilities Co., Great Plains Natural Gas Co., Cascade Natural Gas Corporation, and Intermountain Gas Company effective July 1, 2013, and director of human resources for Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. effective June 2008.

Thomas Everist

Mr.Thomas S. Everist is Independent Director of the Company. Mr. Everist has served as President and chairman of The Everist Company, Sioux Falls, South Dakota, an investment and land development company, since April 2002. Prior to January 2017, The Everist Company was engaged in aggregate, concrete, and asphalt production. He is Managing member of South Maryland Creek Ranch, LLC, a land development company; president of SMCR, Inc., an investment company, since June 2006; and managing member of MCR Builders, LLC, which provides residential building services to South Maryland Creek Ranch, LLC, since November 2014. He serves as Director and chairman of the board of Everist Health, Inc., Ann Arbor, Michigan, which provides solutions for personalized medicines, since 2002, and chief executive officer from August 2012 to December 2012. He was President and chairman of L.G. Everist, Inc., Sioux Falls, South Dakota, an aggregate production company, from 1987 to April 2002. He received Bachelor’s degree in mechanical engineering and a master’s degree in construction management from Stanford University.

Karen Fagg

Ms. Karen B. Fagg is Independent Director of the Company. Ms. Fagg served as Vice president of DOWL LLC, d/b/a DOWL HKM, an engineering and design firm, from April 2008 until her retirement on December 31, 2011. She was President of HKM Engineering, Inc., Billings, Montana, an engineering and physical science services firm, from April 1, 1995 to June 2000, and chairman, chief executive officer, and majority owner from June 2000 through March 2008. HKM Engineering, Inc. merged with DOWL LLC on April 1, 2008. Employed with MSE, Inc., Butte, Montana, an energy research and development company, from 1976 through 1988, and vice president of operations and corporate development director from 1993 to April 1995. She was Director of the Montana Department of Natural Resources and Conservation, Helena, Montana, the state agency charged with promoting stewardship of Montana’s water, soil, energy, and rangeland resources; regulating oil and gas exploration and production; and administering several grant and loan programs, for a four-year term from 1989 through 1992. She received Bachelor’s degree in mathematics from Carroll College in Helena, Montana.

Mark Hellerstein

Mr. Mark A. Hellerstein is Independent Director of the Company. He is Chief executive officer of St. Mary Land & Exploration Company (now SM Energy Company), an energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids, from 1995 until February 2007; president from 1992 until June 2006; and executive vice president and chief financial officer from 1991 until 1992. He was first elected to the board of St. Mary in 1992 and served as chairman of the board from 2002 until May 2009. He served as Several positions prior to joining St. Mary in 1991, including chief financial officer of CoCa Mines Inc., which mined and extracted minerals from lands previously held by the public through the Bureau of Land Management; American Golf Corporation, which manages and owns golf courses in the United States; and Worldwide Energy Corporation, an oil and gas acquisition, exploration, development, and production company with operations in the United States and Canada. He received Bachelor’s degree in accounting from the University of Colorado. He is a Certified public accountant, on inactive status.

A. Bart Holaday

Mr. A. Bart Holaday is Independent Director of the Company. Mr. Holaday President and owner of Dakota Renewable Energy Fund, LLC, which invests in small companies in North Dakota, since August 2007. He is Head of the Private Markets Group of UBS Asset Management and its predecessor entities, managing more than $19 billion in investments, from December 1985 until retirement in 2001. He was Vice president and principal of the InnoVen Venture Capital Group, a venture capital investment firm, from 1983 through 1985. He was Founder and president of Tenax Oil and Gas Corporation, an onshore Gulf Coast exploration and production company, from 1980 through 1982. He received Bachelor’s degree in engineering sciences from the U.S. Air Force Academy and Rhodes Scholar, earning a bachelor’s degree and a master’s degree in politics, philosophy, and economics from Oxford University and Law degree from George Washington Law School and Honorary Doctor of Letters from the University of North Dakota. He is a Chartered Financial Analyst.

Dennis Johnson

Mr. Dennis W. Johnson is Independent Director of the Company. Mr. Johnson is Chairman, president, and chief executive officer of TMI Corporation and chairman and chief executive officer of TMI Transport Corporation (as well as TMI Systems Design Corporation and TMI Storage Systems Corporation before they merged into TMI Corporation the end of 2015), manufacturers of casework and architectural woodwork in Dickinson, North Dakota; employed since 1974 and serving as president or chief executive officer since 1982. He received Bachelor of science in electrical and electronics engineering and master of science in industrial engineering from North Dakota State University.

William McCracken

Mr. William E. McCracken is Independent Director of the Company. McCracken is President of Executive Consulting Group, LLC, a general business consulting firm, from 2002 to present. He was Chief executive officer of CA, Inc., one of the world’s largest information technology management software companies, from January 2010 until January 7, 2013, after which he served as executive adviser to the new chief executive officer until March 31, 2013, and as a consultant to the company until December 31, 2013; also as director of CA, Inc. from May 2005 until January 7, 2013, serving as non-executive chairman of the board from June 2007 to September 2009, interim executive chairman from September 2009 to January 2010, and executive chairman from January 2010 to May 2010. He have Several executive positions during his 36-year career with IBM, including serving on its Chairman’s Worldwide Management Council, a group of the top 30 executives at IBM, from 1995 to 2001. Mr. McCracken has a bachelor of science degree in physics and mathematics from Shippensburg University.

Patricia Moss

Ms. Patricia L. Moss is Independent Director of the Company. Ms. Moss served as President and chief executive officer of Cascade Bancorp, a financial holding company, Bend, Oregon, from 1998 to January 3, 2012; chief executive officer of Cascade Bancorp’s principal subsidiary, Bank of the Cascades, from 1998 to January 3, 2012, serving also as president from 1998 to 2003; and chief operating officer, chief financial officer and secretary of Cascade Bancorp from 1987 to 1998. She received Bachelor of science in business administration from Linfield College in Oregon and master’s studies at Portland State University. She received commercial banking school certification atthe ABA Commercial Banking School at the University of Oklahoma.

John Wilson

Mr. John K. Wilson is Independent Director of the Company. Mr. Wilson was President of Durham Resources, LLC, a privately held financial management company, in Omaha, Nebraska, from 1994 to December 31, 2008; president of Great Plains Energy Corp., a public utility holding company and an affiliate of Durham Resources, LLC, from 1994 to July 1, 2000; and vice president of Great Plains Natural Gas Co., an affiliate company of Durham Resources, LLC, until July 1, 2000. He was Executive director of the Robert B. Daugherty Foundation in Omaha, Nebraska, since January 2010. He was Held positions of audit manager at Peat, Marwick, Mitchell (now known as KPMG), controller for Great Plains Natural Gas Co., and chief financial officer and treasurer for all Durham Resources entities. Mr. Wilson is a certified public accountant, on inactive status. He received bachelor’s degree in business administration, cum laude, from the University of Nebraska – Omaha.

Phyllis Rittenbach