MDU Resources Group, Inc. (MDU)

30.35 -0.47 (-1.52%) At close: 04:00PM EST

MDU Resources Group, Inc.

1200 West Century Avenue
PO Box 5650
Bismarck, ND 58506-5650
United States
701 530 1000
https://www.mdu.com

Sector(s): Industrials
Industry: Conglomerates
Full Time Employees: 16,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David L. Goodin	Pres, CEO & Director	1.92M	N/A	1962
Mr. Jason L. Vollmer	VP & CFO	818.33k	N/A	1977
Ms. Nicole A. Kivisto	CEO & Pres of Cascade Natural Gas Corp, Intermountain Gas Co & Montana-Dakota Utilities Co.	923.44k	N/A	1973
Mr. David C. Barney	Pres & CEO of Knife River Corp.	1.04M	N/A	1956
Mr. Jeffrey S. Thiede	Pres & CEO of MDU Construction Services Group, Inc	972.78k	N/A	1962
Ms. Stephanie A. Barth	VP, Chief Accounting Officer & Controller	N/A	N/A	1972
Ms. Margaret A Link	VP & Chief Information Officer	N/A	N/A	1967
Mr. Karl A. Liepitz	VP, Gen. Counsel & Sec.	N/A	N/A	1979
Laura Lueder	Mang. of Communications & Public Affairs	N/A	N/A	N/A
Ms. Anne M. Jones	VP & Chief HR Officer	N/A	N/A	1964

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming, as well as operates 3,500 miles of transmission lines and 4,800 miles of distribution lines. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply-related value-added services. The company's Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping and services; overhead and underground electrical, gas, and communication infrastructure; and manufactures and distributes transmission lines construction equipment. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.

Corporate Governance

MDU Resources Group, Inc.’s ISS Governance QualityScore as of February 1, 2023 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.