MDU Resources Names Liepitz General Counsel

Rhea-AI Summary

MDU Resources Group has announced the appointment of Karl A. Liepitz as vice president, general counsel, and secretary, effective February 6, 2021. He succeeds Daniel S. Kuntz, who will retire on February 5 after 17 years of service. Liepitz, who joined MDU Resources in 2003, has held various positions, including assistant general counsel since 2016. The transition highlights MDU's commitment to integrity and leadership in its legal team. Kuntz's tenure saw significant corporate governance achievements and strategic acquisitions.

Positive

• Appointment of Karl A. Liepitz as general counsel may enhance legal leadership.
• Liepitz's extensive experience since 2003 supports continuity in legal strategy.
• Kuntz's retirement after 17 years reflects stability in company leadership.

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• None.

BISMARCK, N.D., Nov. 16, 2020 /PRNewswire/ -- The Board of Directors of MDU Resources Group, Inc. (NYSE: MDU) at its recent meeting approved the appointment of Karl A. Liepitz to succeed Daniel S. Kuntz as vice president, general counsel and secretary, effective Feb. 6, 2021. Kuntz has announced he will retire Feb. 5 after 17 years with the company.

Liepitz joined MDU Resources in 2003 as an attorney and has held positions of increasing responsibility throughout his career. He was named the company's assistant general counsel in 2016.

"Karl exemplifies the integrity with which we strive to carry out our business every day," said David L. Goodin, president and CEO of MDU Resources. "He has demonstrated knowledge and leadership throughout his career and is the best choice to succeed Dan in heading up our legal team.

"Dan has provided excellent counsel during his years in the role. During his tenure, MDU Resources has been recognized for exemplary corporate governance, and the legal team has overseen a number of significant acquisitions and divestitures, as well as a major reorganization of our corporate structure. We wish Dan the best in his well-deserved retirement."

Liepitz holds bachelor's degrees in English and philosophy from the University of Minnesota — Duluth and his Juris Doctor from William Mitchell College of Law.

About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America^® by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, see the company's website at www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

Media Contact: Laura Lueder, manager of communications and public relations, 701-530-1095
Financial Contact: Jason Vollmer, vice president and chief financial officer, 701-530-1755

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SOURCE MDU Resources Group, Inc.

FAQ

Who is the new general counsel for MDU Resources?

Karl A. Liepitz has been appointed as the new general counsel, effective February 6, 2021.

When is Daniel S. Kuntz retiring from MDU Resources?

Daniel S. Kuntz will retire on February 5, 2021, after 17 years with the company.

What roles did Karl A. Liepitz hold before becoming general counsel?

Before becoming general counsel, Karl A. Liepitz served as an attorney since 2003 and assistant general counsel since 2016.

What is MDU Resources known for?

MDU Resources is known for providing essential products and services in regulated energy delivery and construction materials.

How long did Daniel S. Kuntz serve at MDU Resources?

Daniel S. Kuntz served at MDU Resources for 17 years.