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MDU Resources Group Announces Anthony D. Foti as New Chief Legal Officer

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MDU Resources Group (NYSE: MDU) has appointed Anthony D. Foti as its new chief legal officer and corporate secretary, effective October 7. Foti, who previously served as senior vice president, deputy general counsel, and corporate secretary at Foot Locker, Inc., brings extensive experience in corporate governance, securities regulation, and strategic legal operations. He will report directly to MDU Resources president and CEO, Nicole Kivisto.

Foti replaces Paul R. Sanderson, who was previously announced as vice president, chief legal officer and secretary at Everus Construction Group. With a distinguished legal career, including experience in regulated energy delivery businesses, Foti expressed excitement about joining MDU Resources during its focus on pure play regulated energy delivery businesses. He holds a Juris Doctor from Villanova University and a Bachelor of Science in finance from The Pennsylvania State University.

MDU Resources Group (NYSE: MDU) ha nominato Anthony D. Foti come nuovo direttore legale e segretario aziendale, a partire dal 7 ottobre. Foti, che in precedenza ha ricoperto il ruolo di vicepresidente senior, vice consigliere generale e segretario aziendale presso Foot Locker, Inc., porta con sé un'ampia esperienza in governance aziendale, regolamento sui titoli e operazioni legali strategiche. Riporterà direttamente al presidente e CEO di MDU Resources, Nicole Kivisto.

Foti sostituisce Paul R. Sanderson, che era stato precedentemente annunciato come vicepresidente, direttore legale e segretario presso Everus Construction Group. Con una carriera legale di prestigio, incluso l'esperienza nel settore della distribuzione di energia regolamentata, Foti ha espresso entusiasmo per l'ingresso in MDU Resources in un momento in cui l'azienda è focalizzata sulle attività di distribuzione energetica regolamentata. Ha conseguito un Juris Doctor presso la Villanova University e una laurea in scienze finanziarie presso la Pennsylvania State University.

MDU Resources Group (NYSE: MDU) ha nombrado a Anthony D. Foti como su nuevo director legal y secretario corporativo, a partir del 7 de octubre. Foti, quien previamente se desempeñó como vicepresidente senior, consejero general adjunto y secretario corporativo en Foot Locker, Inc., aporta una amplia experiencia en gobernanza corporativa, regulación de valores y operaciones legales estratégicas. Informará directamente a la presidenta y CEO de MDU Resources, Nicole Kivisto.

Foti reemplaza a Paul R. Sanderson, quien fue anunciado previamente como vicepresidente, director legal y secretario en Everus Construction Group. Con una carrera legal distinguida, que incluye experiencia en empresas de entrega de energía reguladas, Foti expresó su entusiasmo por unirse a MDU Resources en un momento en el que la empresa se enfoca en la entrega de energía regulada. Tiene un Juris Doctor de la Universidad de Villanova y una licenciatura en ciencias financieras de la Universidad Estatal de Pensilvania.

MDU 리소스 그룹(NYSE: MDU)은 앤서니 D. 포티를 새로운 법무 책임자 겸 기업 비서로 임명한다고 발표했습니다. 이는 10월 7일부터 효력이 발생합니다. 포티는 이전에 풋록커, Inc.의 선임 부사장, 부총괄 변호사 및 기업 비서로 근무하며 기업 거버넌스, 증권 규제 및 전략적 법률 운영에 대한 광범위한 경험을 제공합니다. 그는 MDU 리소스의 회장 겸 CEO인 니콜 키비스토에게 직접 보고할 것입니다.

포티는 예루스 건설 그룹의 부사장, 법무 책임자 및 비서로 이전에 발표된 폴 R. 샌더슨을 대체합니다. 규제된 에너지 공급 비즈니스에서의 경험을 포함한 저명한 법률 경력을 가진 포티는 MDU 리소스에 합류하는 것에 대해 큰 기대감을 표현했습니다. 그는 빌라노바 대학교에서 법학 박사(Juris Doctor) 학위를, 펜실베이니아 주립대학교에서 금융학 학사 학위를 취득했습니다.

MDU Resources Group (NYSE: MDU) a nommé Anthony D. Foti nouveau directeur juridique et secrétaire général, avec effet au 7 octobre. Foti, qui a précédemment occupé le poste de vice-président senior, vice-conseiller général et secrétaire général chez Foot Locker, Inc., apporte une vaste expérience en gouvernance d'entreprise, réglementation des valeurs mobilières et opérations juridiques stratégiques. Il rendra compte directement à la présidente et PDG de MDU Resources, Nicole Kivisto.

Foti remplace Paul R. Sanderson, qui avait été précédemment annoncé comme vice-président, directeur juridique et secrétaire chez Everus Construction Group. Avec une carrière juridique distinguée, y compris une expérience dans les entreprises de distribution d'énergie réglementée, Foti a exprimé son enthousiasme à rejoindre MDU Resources alors que l'entreprise se concentre sur les activités de livraison d'énergie réglementée. Il détient un Juris Doctor de l'Université de Villanova et un Bachelor of Science en finance de la Pennsylvania State University.

Die MDU Resources Group (NYSE: MDU) hat Anthony D. Foti zum neuen Rechtsvorstand und Unternehmenssekretär ernannt, wobei dies am 7. Oktober in Kraft tritt. Foti, der zuvor als Senior Vice President, stellvertretender General Counsel und Unternehmenssekretär bei Foot Locker, Inc. tätig war, bringt umfangreiche Erfahrungen in den Bereichen Unternehmensführung, Wertpapierregulierung und strategische Rechtsoperationen mit. Er wird direkt an die Präsidentin und CEO von MDU Resources, Nicole Kivisto, berichten.

Foti ersetzt Paul R. Sanderson, der zuvor als Vizepräsident, Rechtsvorstand und Sekretär der Everus Construction Group angekündigt wurde. Mit einer angesehenen rechtlichen Laufbahn, einschließlich Erfahrungen im regulierten Energiesektor, äußerte Foti Begeisterung für den Beitritt zu MDU Resources, während sich das Unternehmen auf die regulierten Energielieferdienste konzentriert. Er hat einen Juris Doctor von der Villanova University und einen Bachelor of Science in Finanzwesen von der Pennsylvania State University.

Positive
  • Appointment of experienced legal executive Anthony D. Foti as chief legal officer and corporate secretary
  • Foti brings valuable experience in regulated energy delivery businesses
  • Company focusing on pure play regulated energy delivery businesses
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  • None.

BISMARCK, N.D., Sept. 30, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) board of directors has approved the appointment of Anthony D. Foti as chief legal officer and corporate secretary, effective October 7. He will report directly to MDU Resources president and CEO, Nicole Kivisto, and succeed Paul R. Sanderson, who was previously announced as vice president, chief legal officer and secretary at Everus Construction Group.

Foti brings a wealth of experience in corporate governance, securities regulation, and strategic legal operations. He most recently served as senior vice president, deputy general counsel, and corporate secretary at Foot Locker, Inc., where he spent a decade in various executive legal roles of increasing responsibility. He also brings valuable experience in regulated energy delivery businesses from his previous work in private practice.

Kivisto expressed her enthusiasm for the new hire, "We are excited to welcome Anthony to our executive team. His extensive legal expertise and proven leadership in navigating complex corporate environments will be invaluable as we continue to drive growth at our pure play regulated energy delivery businesses."

Foti shared his excitement about joining MDU Resources, "I am honored to join MDU Resources at such a remarkable time in the company's history as it focuses on its pure play regulated energy delivery businesses, and I look forward to contributing to the company's next stage of growth. I am eager to collaborate with the talented team to shape the company's strategy, continue to deliver long-term value for shareholders, and navigate the evolving legal landscape."

Foti has a distinguished legal career, including prior experience practicing corporate and securities law at Dentons US LLP, Fried, Frank, Harris, Shriver & Jacobson LLP, and Pillsbury Winthrop Shaw Pittman LLP, each Am Law 100 global law firms, and as a judicial law clerk on the U.S. District Court for the District of New Jersey. He holds a Juris Doctor from Villanova University and a Bachelor of Science with highest distinction in finance from The Pennsylvania State University.

About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. Founded in 1924, the company is celebrating its 100th anniversary; learn more at www.mdu.com/100th-anniversary. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

About Everus Construction Group
Everus Construction Group, Inc. is Building America's Future™ by providing a full spectrum of construction services through its electrical and mechanical, and transmission and distribution specialty contracting services across the United States. These specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers. Its E&M contracting services include construction and maintenance of electrical and communication wiring and infrastructure, fire suppression systems, and mechanical piping and services. Its T&D contracting services include construction and maintenance of overhead and underground electrical, gas and communication infrastructure, as well as manufacturing and distribution of transmission line construction equipment and tools. For more information about Everus, visit www.everus.com.  

Investor Contact: Brent Miller, assistant treasurer and director of financial projects and investor relations, 701-530-1730
Media Contact: Byron Pfordte, manager of integrated communications, 208-377-6050

 

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SOURCE MDU Resources Group, Inc.

FAQ

Who is the new chief legal officer of MDU Resources Group (NYSE: MDU)?

Anthony D. Foti has been appointed as the new chief legal officer and corporate secretary of MDU Resources Group, effective October 7.

What is Anthony D. Foti's previous experience before joining MDU Resources?

Foti previously served as senior vice president, deputy general counsel, and corporate secretary at Foot Locker, Inc., and has experience in corporate governance, securities regulation, and strategic legal operations.

When will Anthony D. Foti start his role at MDU Resources (NYSE: MDU)?

Anthony D. Foti will start his role as chief legal officer and corporate secretary at MDU Resources on October 7.

What is MDU Resources Group (NYSE: MDU) focusing on according to the press release?

According to the press release, MDU Resources Group is focusing on its pure play regulated energy delivery businesses.

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