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MDU Resources Group Inc (MDU)

MDU on New York Consolidated

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22 Jul 2016
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Summary

Name Age Since Current Position

Harry Pearce

73 2006 Chairman of the Board

David Goodin

54 2013 President, Chief Executive Officer, Director

Doran Schwartz

46 2010 Chief Financial Officer, Vice President

David Barney

60 2013 President and Chief Executive Officer of Knife River Corporation

Martin Fritz

51 2015 President and CEO of WBI Holdings, Inc

Nicole Kivisto

42 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

53 2013 President and Chief Executive Officer of MDU Construction Services Group

Dennis Haider

63 2013 Executive Vice President - Business Development

Jason Vollmer

38 2016 Chief Accounting Officer, Vice President, Treasurer

Peggy Link

2016 Chief Information Officer

Anne Jones

52 2016 Vice President - Human Resources

Cynthia Norland

61 2007 Vice President - Administration

Daniel Kuntz

62 2016 General Counsel, Secretary

Thomas Everist

66 1995 Independent Director

Karen Fagg

62 2005 Independent Director

Mark Hellerstein

63 2013 Independent Director

A. Bart Holaday

73 2008 Independent Director

Dennis Johnson

66 2001 Independent Director

William McCracken

73 2013 Independent Director

Patricia Moss

62 2003 Independent Director

John Wilson

61 2003 Independent Director

Phyllis Rittenbach

Director - Investor Relations

Biographies

Name Description

Harry Pearce

Mr. Harry Jonathan Pearce is Chairman of the Board of MDU Resources Group Inc. Mr. Pearce was elected chairman of the board of the company on August 17, 2006. Prior to that, he served as lead director effective February 15, 2001, and was vice chairman of the board from November 16, 2000 until February 15, 2001. Mr. Pearce has been a director of Marriott International, Inc., a hotel chain, since 1995. He was a director of Nortel Networks Corporation, a global telecommunications company, from January 11, 2005 to August 10, 2009, serving as chairman of the board from June 29, 2005. He retired on December 19, 2003, as chairman of Hughes Electronics Corporation, a General Motors Corporation subsidiary and provider of digital television entertainment, broadband satellite network, and global video and data broadcasting. He had served as chairman since June 1, 2001. Mr. Pearce was vice chairman and a director of General Motors Corporation, one of the world’s automakers, from January 1, 1996 to May 31, 2001, and was general counsel from 1987 to 1994. He served on the President’s Council on Sustainable Development and co-chaired the President’s Commission on the United States Postal Service. Prior to joining General Motors, he was a senior partner in the Pearce & Durick law firm in Bismarck, North Dakota. Mr. Pearce is a director of the United States Air Force Academy Endowment and a member of the Advisory Board of the University of Michigan Cancer Center. He is a Fellow of the American College of Trial Lawyers and a member of the International Society of Barristers. He also serves on the Board of Trustees of Northwestern University. Mr. Pearce received a bachelor’s degree in engineering sciences from the U.S. Air Force Academy and a juris doctor degree from Northwestern University’s School of Law.

David Goodin

Mr. David L. Goodin is President, Chief Executive Officer, Director of MDU Resources Group, Inc. Mr. Goodin was elected president and chief executive officer and a director of the company effective January 4, 2013. Prior to that, he served as chief executive officer and president of Intermountain Gas Company effective October 2008, chief executive officer of Cascade Natural Gas Corporation, Montana-Dakota Utilities Co., and Great Plains Natural Gas Co. effective June 2008, president of Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. effective March 2008, and president of Cascade Natural Gas Corporation effective July 2007. He began his career with the company in 1983 at Montana-Dakota Utilities Co., where he served as a division electrical engineer effective May 1983, division electric superintendent effective February 1989, electric systems supervisor effective August 1993, electric systems manager effective April 1999, vice president-operations effective January 2000, and executive vice president-operations and acquisitions effective January 2007. He additionally serves as an executive officer and as chairman of the company’s principal subsidiaries and of the managing committees of Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. 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.

Doran Schwartz

Mr. Doran N. Schwartz is Chief Financial Officer, Vice President of MDU Resources Group Inc. Prior to that, he was vice president and chief accounting officer effective March 1, 2006; and assistant vice president-special projects effective September 6, 2005. He was director of membership rewards for American Express, a financial services company, from November 2004 to August 1, 2005; audit manager for Deloitte & Touche, an audit and professional services company, from June 2002 to November 2004; and audit manager/senior for Arthur Andersen, an audit and professional services company, from December 1997 to June 2002.

David Barney

Mr. David C Barney is Mr. Barney was elected president and chief executive officer of Knife River Corporation effective April 30, 2013. He is president effective January 1, 2012; and president of its western area operations effective October 2008. Prior to that, he was manager of its Northern California region effective July 2005 and became president of Concrete, Inc. in 1996. He joined Concrete, Inc. in 1986 and held numerous positions of increasing responsibility before it was acquired by Knife River Corporation in September 1993.

Martin Fritz

Mr. Martin A. Fritz is President and CEO of WBI Holdings, Inc of the Company. Prior to joining WBI Holdings, Inc., he had his own energy consulting firm, Fritz Consulting, from February 2014 to July 2015, where he provided strategy, operations, business development, and business brokerage services. Prior to that, Mr. Fritz was employed by EQT Corporation in positions of increasing responsibility, most recently serving as its executive vice president midstream operations, land and construction from 2013 through January 2014 and vice president EQT and president EQT midstream operations from 2008 to 2013.

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. Prior to that, she was vice president of operations for Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. effective January 3, 2014; vice president, controller and chief accounting officer for the company effective February 17, 2010; controller effective December 1, 2005; financial analyst IV in the Corporate Planning Department effective May 2003; financial and investor relations analyst in the Investor Relations Department effective May 2000; and financial analyst in the Corporate Accounting Department effective July 1995.

Jeff Thiede

Mr. Jeff S Thiede is President and Chief Executive Officer of MDU Construction Services Group, Inc. effective April 30, 2013, and president effective January 1, 2012. Prior to that, he was president of Capital Electric Construction Company, Inc. effective July 2006, and president of Oregon Electric Construction, Inc. effective October 2004. Prior to joining the company, Mr. Thiede was a project director for DPR Construction and worked in the field as an inside wireman.

Dennis Haider

Mr. Dennis L. Haider is Executive vice president-business development of the company, effective June 1, 2013. Prior to that, he 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; executive vice president-regulatory, gas supply, and business development of Cascade Natural Gas Corporation and Intermountain Gas Company from October 1, 2010 to December 31, 2011, and of Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. from October 1, 2008 to December 31, 2011; and executive vice president-business development and gas supply of Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. from August 1, 2005 to September 30, 2008. He joined Montana-Dakota Utilities Co. in 1978 and held numerous positions of increasing responsibility.

Jason Vollmer

Mr. Jason L. Vollmer has appointed as Chief Accounting Officer, Vice President, Treasurer of the company, effective March 18, 2016. Mr. Vollmer was elected treasurer and director of cash and risk management From November 29, 2014 to March 18, 2016. Mr. Vollmer joined the company effective October 17, 2005, as a financial analyst II. He then became financial analyst III effective January 1, 2007, and financial analyst IV effective February 2, 2009. Effective April 11, 2011, he became manager of treasury services, cash and risk management until June 30, 2014 when he became assistant treasurer of Centennial Energy Holdings, Inc. and manager of treasury services and risk management.

Peggy Link

Ms. Peggy A. Link has been appointed as Chief Information Officer of the Company. In her expanded role, Link will oversee information technology at MDU Resources, as well as the corporation's business units WBI Energy, Inc. and the utility group, which includes Cascade Natural Gas Corp., Great Plains Natural Gas Co., Intermountain Gas Co. and Montana-Dakota Utilities Co. Link joined the corporation in 2005 and has led the enterprise technology services function since 2007. In 2015, she was named assistant vice president of technology and cybersecurity officer. Link has a bachelor's degree in business administration from the University of Mary. She serves on the board of the Information Technology Council of North Dakota and is a member of the State Information Technology Advisory Committee.

Anne Jones

Ms. Anne M. Jones is Vice President - Human Resources of the Company. Prior to that, 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; director of human resources for Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. effective June 2008; and manager of organizational learning and development effective February 2003. Ms. Jones joined Montana-Dakota Utilities Co. in 1982 and held numerous positions of increasing responsibility.

Cynthia Norland

Ms. Cynthia J. Norland is Vice President-Administration effective July 16, 2007. Prior to that, she was the assistant vice president-administration effective January 17, 2007; associate general counsel in the Legal Department effective March 6, 2004; and senior attorney in the Legal Department effective June 1, 1995.

Daniel Kuntz

Mr. Daniel S. Kuntz has been General Counsel, Secretary of MDU Resources Group, Inc. Kuntz joined MDU Resources in 2004, most recently serving as associate general counsel and assistant secretary. Prior to joining MDU Resources, he was an associate and partner at Zuger Kirmis & Smith Law Firm from 1985-2004, counsel for the North Dakota Public Service Commission from 1979-85 and a law clerk for the North Dakota Supreme Court from 1978-79. He also served 11 years on the Bismarck Public School Board. Dan received his law degree from the University of North Dakota School of Law. He and his wife, Mary, live in Bismarck.

Thomas Everist

Mr.Thomas S. Everist is Independent Director of MDU Resources Group Inc. Mr. Everist has served as president and chairman of The Everist Company, Sioux Falls, South Dakota, an aggregate, concrete, and asphalt production company, since April 15, 2002. He has been a managing member of South Maryland Creek Ranch, LLC, a land development company, since June 2006, president of SMCR, Inc., an investment company, since June 2006, and a managing member of MCR Builders, LLC, which provides residential building services to South Maryland Creek Ranch, LLC, since November 2014. He was previously president and chairman of L.G. Everist, Inc., Sioux Falls, South Dakota, an aggregate production company, from 1987 to April 15, 2002. He held a number of positions in the aggregate and construction industries prior to assuming his current position with The Everist Company. He is a director of Showplace Wood Products, Sioux Falls, South Dakota, a custom cabinets manufacturer, and has been a director of publicly traded Raven Industries, Inc., Sioux Falls, South Dakota, a general manufacturer of electronics, flow controls, and engineered films since 1996, and its chairman of the board since April 1, 2009. Mr. Everist has served as a director and chairman of the board of Everist Genomics, Inc., Ann Arbor, Michigan, which provides solutions for personalized medicines since 2002. He served as Everist Genomics’ chief executive officer from August 2012 to December 2012. He was a director of Angiologix Inc., Mountain View, California, a medical diagnostic device company, from July 2010 through October 2011 when it was acquired by Everist Genomics, Inc. He has been a director of Bell, Inc., Sioux Falls, South Dakota, a manufacturer of folding cartons and packages, since April 2011. Mr. Everist attended Stanford University where he received a bachelor’s degree in mechanical engineering and a master’s degree in construction management.

Karen Fagg

Ms. Karen B. Fagg is Independent Director of MDU Resources Group Inc. 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. Ms. Fagg was president from April 1, 1995 through June 2000, and chairman, chief executive officer, and majority owner from June 2000 through March 2008 of HKM Engineering, Inc., Billings, Montana, an engineering and physical science services firm. HKM Engineering, Inc. merged with DOWL LLC on April 1, 2008. Ms. Fagg was employed with MSE, Inc., Butte, Montana, an energy research and development company, from 1976 through 1988, and from 1993 to April 1995 she served as vice president of operations and corporate development director. From 1989 through 1992, Ms. Fagg served a four-year term as 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. Ms. Fagg has a bachelor’s degree in mathematics from Carroll College in Helena, Montana. In 2013, she served on a three-person selection committee appointed by the Attorney General to identify trustees for the Montana Healthcare Foundation Board. She also became a board member of the Montana Justice Foundation, whose mission is to achieve equal access to justice for all Montanans through effective funding and leadership, and of the First Interstate BancSystem Foundation, which has a strong commitment to community. She has been a board member of the Billings Chamber of Commerce since July 2009 and its board chair since July 2013, as well as a member of the Billings Catholic Schools Board since December 2011.

Mark Hellerstein

Mr. Mark A. Hellerstein is Independent Director of MDU Resources Group, Inc., since August 1, 2013. He is the retired president, chief executive officer and board chairman of St. Mary Land & Exploration Company (now SM Energy Company). He led St. Mary's growth from an $80 million private company to a $2.5 billion public company listed on the NYSE. His 17-year career at the company also included positions as executive vice president and chief financial officer. Prior to joining St. Mary, Hellerstein's career included positions as chief financial officer for CoCa Mines Inc., American Golf Corporation and Worldwide Energy Corporation. He is a former board member of Transocean Inc. His leadership has been recognized with induction into the Rocky Mountain Oil and Gas Hall of Fame, and Ernst & Young has named Hellerstein both national and Rocky Mountain Entrepreneur of the Year. He has a bachelor's degree in accounting from the University of Colorado. Mr. Hellerstein is a certified public accountant (CPA), on inactive status.

A. Bart Holaday

Mr. A. Bart Holaday is Independent Director of MDU Resources Group Inc. Mr. Holaday headed the Private Markets Group of UBS Asset Management and its predecessor entities for 15 years prior to his retirement in 2001, during which time he managed more than $19 billion in investments. Prior to that he was vice president and principal of the InnoVen Venture Capital Group, a venture capital investment firm. He was founder and president of Tenax Oil and Gas Corporation, an onshore Gulf Coast exploration and production company, from 1980 through 1982. He is a member of the investment advisory board of Commons Capital LLC, a venture capital firm; a member of the board of directors of Adams Street Partners, LLC, a private equity investment firm; Alerus Financial, a financial services company; Jamestown College; the United States Air Force Academy Endowment (chairman); the Falcon Foundation (director and former vice president), which provides scholarships to Air Force Academy applicants; the Center for Innovation Foundation at the University of North Dakota (chairman and trustee) and the University of North Dakota Foundation; and is chairman and CEO of the Dakota Foundation. He is a past member of the board of directors of the National Venture Capital Association, Walden University, and the U.S. Securities and Exchange Commission advisory committee on the regulation of capital markets. Mr. Holaday has a bachelor’s degree in engineering sciences from the U.S. Air Force Academy. He was a Rhodes Scholar, earning a bachelor’s degree and a master’s degree in politics, philosophy, and economics from Oxford University. He also earned a law degree from George Washington Law School and is a Chartered Financial Analyst. In 2005, he was awarded an honorary Doctor of Letters from the University of North Dakota.

Dennis Johnson

Mr. Dennis W. Johnson is Independent Director of MDU Resources Group Inc. Mr. Johnson is chairman, chief executive officer and president of TMI Corporation, and chairman and chief executive officer of TMI Systems Design Corporation, TMI Transport Corporation, and TMI Storage Systems Corporation, all of Dickinson, North Dakota, manufacturers of casework and architectural woodwork. He previously was a director of the Federal Reserve Bank of Minneapolis. He is a past member and chairman of the Theodore Roosevelt Medora FoundationMr. Johnson has a bachelor of science degree in electrical and electronics engineering, as well as a master of science degree in industrial engineering from North Dakota State University. He has served on numerous industry, state, and community boards, including the North Dakota Workforce Development Council (chairperson), the Decorative Laminate Products Association, the North Dakota Technology Corporation, St. Joseph Hospital Life Care Foundation, St. John Evangelical Lutheran Church, Dickinson State University Foundation, the executive operations committee of the University of Mary Harold Schafer Leadership Center, the Dickinson United Way, and the business advisory council of the Steffes Corporation, a metal manufacturing and engineering firm. He also served on North Dakota Governor Sinner’s Education Action Commission, the North Dakota Job Service Advisory Council, the North Dakota State University President’s Advisory Council, North Dakota Governor Schafer’s Transition Team, and chaired North Dakota Governor Hoeven’s Transition Team. He has received numerous awards, including the 1991 Regional Small Business Person of the Year Award and the Greater North Dakotan Award.

William McCracken

Mr. William E. McCracken has been appointed as Independent Director of MDU Resources Group, Inc., effective August 1, 2013. McCracken is the retired chief executive officer and board chairman of CA Technologies, one of the information technology management software companies. He currently serves as an executive advisor to the company. Prior to joining CA Technologies, McCracken had a 36-year career with IBM Corp. He held a number of executive positions including membership in the Chairman's Worldwide Management Council, composed of the corporation's top 30 senior executives; general manager of IBM's printing division; president of IBM's EMEA and Asia PC Company; and general manager of marketing, sales and distribution for IBM PC Company. He is former president of Executive Consulting Group LLC, and a former board member of IKON Office Solutions Inc. (now part of Ricoh Company). McCracken was named one of the top 100 most influential people in the boardroom in 2009 by the National Association of Corporate Directors (NACD), and he currently is a member of the NACD board. He served on that organization's Blue Ribbon Commission on Risk Governance and co-chaired its Blue Ribbon Commission on Board Diversity. He recently was elected co-chair of the Millstein Center for Global Markets and Corporate Ownership at Columbia University and chairs the Chairman's Forum. He is chairman of the board of Lutheran Social Ministries of New Jersey, one of the providers of affordable housing and a member of the board of PENCIL, a nonprofit organization that partners businesses with public schools in New York City. 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 MDU Resources Group Inc. Ms. Moss served as the president and chief executive officer of Cascade Bancorp, a financial holding company in Bend, Oregon, from 1998 to January 3, 2012. She served as the chief executive officer of Cascade Bancorp’s principal subsidiary, Bank of the Cascades, from 1993 to January 3, 2012, serving also as president from 1993 to 2003. From 1987 to 1998, Ms. Moss served as chief operating officer, chief financial officer, and corporate secretary of Cascade Bancorp. Ms. Moss has been a director of Cascade Bancorp since 1993 and a director of Bank of the Cascades since 1998 and was elected vice chairman of both boards effective January 3, 2012. Ms. Moss also serves as a director of the Oregon Investment Fund Advisory Council, a state-sponsored program to encourage the growth of small businesses within Oregon, co-chairs the Oregon Growth Board, a state agency created to provide recommendations to connect businesses to sources of capital, and serves on the City of Bend’s Juniper Ridge management advisory boardMs. Moss graduated magna cum laude with a bachelor of science degree in business administration from Linfield College in Oregon and did master’s studies at Portland State University. She received commercial banking school certification atthe ABA Commercial Banking School at the University of Oklahoma. She served as a director of the Oregon Business Council, whose mission is to mobilize business leaders to contribute to Oregon’s quality of life and economic prosperity; the Cascades Campus Advisory Board of the Oregon State University; the North Pacific Group, Inc., a wholesale distributor of building materials, industrial and hardwood products, and other specialty products; the Aquila Tax Free Trust of Oregon, a mutual fund created especially for the benefit of Oregon residents; Clear Choice Health Plans Inc., a multi-state insurance company; and as a director and chair of the St. Charles Medical Center.

John Wilson

Mr. John K. Wilson is Independent Director of MDU Resources Group Inc. Mr. Wilson was president of Durham Resources, LLC, a privately held financial management company, in Omaha, Nebraska, from 1994 to December 31, 2008. He previously was president of Great Plains Energy Corp., a public utility holding company and an affiliate of Durham Resources, LLC, from 1994 to July 1, 2000. He was vice president of Great Plains Natural Gas Co., an affiliate company of Durham Resources, LLC, until July 1, 2000. The company bought Great Plains Energy Corp. and Great Plains Natural Gas Co. on July 1, 2000. Mr. Wilson also served as president of the Durham Foundation and was a director of Bridges Investment Fund, a mutual fund, and the Greater Omaha Chamber of Commerce. He is presently a director of HDR, Inc., an international architecture and engineering firm, Tetrad Corporation, a privately held investment company, both based in Omaha, and serves on the advisory board of Duncan Aviation, an aircraft service provider, headquartered in Lincoln, Nebraska. He currently serves as executive director of the Robert B. Daugherty Foundation, Omaha, Nebraska, and formerly served on the advisory board of U.S. Bank NA Omaha. 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. During his career, he was an 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.

Phyllis Rittenbach