Black Hills Corp. Announces Appointment of Corporate Controller

Rhea-AI Summary

Black Hills Corp. (NYSE: BKH) has appointed Courtney Hebert as vice president-corporate controller and chief risk officer, effective immediately. Hebert, who has over 20 years of financial experience, previously served as assistant controller and chief risk officer and has a strong background in utility roles and compliance. This appointment follows Kimberly Nooney's promotion to chief financial officer, reinforcing the company's succession strategy within its finance team. Both leaders aim to drive the company's long-term growth strategy.

Positive

• Courtney Hebert's appointment signifies strong leadership and continuity in financial roles.
• Hebert's extensive utility experience enhances the company's financial and risk management capabilities.

Negative

• Concerns may arise regarding potential experience gaps during the transition period.

RAPID CITY, S.D., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the appointment of Courtney Hebert to vice president-corporate controller and chief risk officer. Courtney will report to Kimberly Nooney, vice president and treasurer, who was recently appointed chief financial officer effective April 1, 2023.

Hebert brings more than 20 years of financial experience to his role in accounting, finance, risk, internal audit, internal controls and compliance. He was previously assistant controller and chief risk officer and started with Black Hills two years ago as the director of risk. He brings significant utility experience from various roles at two large utility companies and audit and compliance experience with several public accounting and corporate firms.

“Courtney brings significant leadership, knowledge and experience to the corporate controller role,” said Linn Evans, president and CEO. “The appointment of Courtney to the controller role and the recent announcement of Kimberly’s appointment to the CFO role represent planned steps in our officer succession plan within our finance and accounting organization. I am excited to work with Courtney as we execute our long-term growth strategy.”

Hebert is a certified public accountant and a certified information systems auditor. He earned his bachelor’s degree in accounting and master’s degree in management information systems from Texas A&M University.

Black Hills Corp.
Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented energy delivery company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.3 million natural gas and electric customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. More information is available at www.blackhillsenergy.com.

Investor Relations
Jerome E. Nichols
605-721-1171
Jerome.nichols@blackhillscorp.com

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888-242-3969

FAQ

Who is the new corporate controller of Black Hills Corp.?

Courtney Hebert has been appointed as the vice president-corporate controller and chief risk officer.

What prompted the leadership changes at Black Hills Corp.?

The changes are part of a planned succession strategy within the finance and accounting organization.

What experience does Courtney Hebert bring to his new role?

Courtney Hebert brings over 20 years of experience in finance, risk, internal audit, and compliance, including significant utility experience.

Who was appointed as the CFO of Black Hills Corp.?

Kimberly Nooney was recently appointed the chief financial officer effective April 1, 2023.

What is the strategic vision of Black Hills Corp.?

Black Hills Corp. aims to be the energy partner of choice while focusing on customer satisfaction and growth.