BISMARCK, N.D., Feb. 13,
2025 /PRNewswire/ -- MDU Resources Group Inc. (NYSE:
MDU) announced today that its board of directors has elected
Darrel T. Anderson to serve as its
vice chair, effective immediately. Anderson has been an independent
director of MDU Resources since 2023, and chairs the Board's
Compensation and Human Capital Committee.
"Darrel's election as vice chair is the culmination of a planned
succession process, continuing our track record of active planning
for board succession and adherence to governance best practices,"
said Dennis W. Johnson, chair of MDU
Resources' board of directors. "Darrel's extensive experience in
the regulated utility industry is invaluable to the Board as it
oversees management in executing on its strategy as a pure-play
regulated energy delivery business and driving value for
all MDU Resources' stockholders."
Anderson previously served as president and CEO of IDACORP and
Idaho Power Company, an integrated electric utility company serving
customers in Idaho and
Oregon, and retired in
May 2020. He has over 28 years of
experience in the industry.
Anderson has also served as chairman of the board of Gemstone
Holdings, a holding company that includes Blue Cross of
Idaho, since January 2024.
About MDU Resources Group, Inc.
MDU Resources Group
Inc., a member of the S&P SmallCap 600 index, provides
essential products and services through its regulated electric and
natural gas distribution and pipeline segments. Founded in 1924 as
a small electric utility, MDU Resources has grown to serve more
than 1.2 million customers across eight states and is celebrating
its 100th anniversary. Learn more at www.mdu.com/100th-anniversary.
The company operates in the Pacific Northwest and Midwest,
constructing and operating infrastructure that delivers natural gas
and electricity that energizes homes and businesses. For more
information about MDU Resources, visit www.mdu.com or contact the
Investor Relations Department at investor@mduresources.com.
Investor Contact: Brent
Miller, treasurer, 701-530-1730
Media Contact: Byron Pfordte, director of integrated
communications, 208-377-6050
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SOURCE MDU Resources Group, Inc.
