STOCK TITAN

MDU Resources Welcomes Vernon Dosch to Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

MDU Resources Group has elected Vernon A. Dosch to its board of directors, effective Nov. 15, 2024. Dosch brings over 45 years of experience in the electric utility and broadband industries. As a former leader at National Information Solutions Cooperative (NISC), he guided the company's growth from start-up to a premier technology provider. His expertise includes electric distribution, generation and transmission, and utility-related technology. This appointment aligns with MDU Resources' focus as a pure-play regulated energy delivery business. Dosch holds degrees in business administration, accounting, and management from the University of Mary.

MDU Resources Group ha eletto Vernon A. Dosch nel suo consiglio di amministrazione, con effetto dal 15 novembre 2024. Dosch porta con sé oltre 45 anni di esperienza nei settori delle utility elettriche e della banda larga. In qualità di ex leader presso la National Information Solutions Cooperative (NISC), ha guidato la crescita della società da start-up a fornitore di tecnologia di primo piano. La sua esperienza include distribuzione, generazione e trasmissione elettrica, oltre alla tecnologia correlata ai servizi pubblici. Questa nomina è in linea con l'obiettivo di MDU Resources di funzionare come un'azienda di consegna di energia regolata. Dosch ha conseguito lauree in amministrazione aziendale, contabilità e management presso l'Università di Mary.

MDU Resources Group ha elegido a Vernon A. Dosch para su junta directiva, con efecto a partir del 15 de noviembre de 2024. Dosch aporta más de 45 años de experiencia en las industrias de servicios eléctricos y banda ancha. Como ex líder en National Information Solutions Cooperative (NISC), guió el crecimiento de la empresa desde su inicio hasta convertirse en un proveedor de tecnología de primer nivel. Su experiencia incluye distribución, generación y transmisión eléctrica, así como tecnología relacionada con servicios públicos. Este nombramiento se alinea con el enfoque de MDU Resources como un negocio regulado de entrega de energía. Dosch posee títulos en administración de empresas, contabilidad y gestión de la Universidad de Mary.

MDU Resources Group는 2024년 11월 15일부터 Vernon A. Dosch를 이사로 선임했습니다. Dosch는 전기 유틸리티 및 광대역 산업에서 45년 이상의 경험을 가지고 있습니다. National Information Solutions Cooperative(NISC)에서의 이전 리더로서 그는 회사를 스타트업에서 최고의 기술 제공업체로 성장시키는 데 기여했습니다. 그의 전문 분야에는 전기 배급, 발전 및 송전, 유틸리티 관련 기술이 포함됩니다. 이번 임명은 MDU Resources가 순수한 규제 에너지 제공 비즈니스로서의 초점을 맞추고 있다는 것을 반영합니다. Dosch는 메리 대학교에서 경영학, 회계, 경영학 학위를 취득했습니다.

MDU Resources Group a élu Vernon A. Dosch au conseil d'administration, à compter du 15 novembre 2024. Dosch apporte plus de 45 ans d'expérience dans les secteurs des services publics électriques et de la large bande. En tant qu'ancien responsable de la National Information Solutions Cooperative (NISC), il a guidé la croissance de l'entreprise depuis ses débuts jusqu'à devenir un fournisseur de technologie de premier plan. Son expertise inclut la distribution, la génération et la transmission d'électricité, ainsi que la technologie liée aux services publics. Cette nomination s'aligne avec l'objectif de MDU Resources d'opérer en tant qu'entreprise de délivrance d'énergie purement réglementée. Dosch détient des diplômes en administration des affaires, comptabilité et gestion de l'Université de Mary.

MDU Resources Group hat Vernon A. Dosch in seinen Vorstand berufen, mit Wirkung vom 15. November 2024. Dosch bringt über 45 Jahre Erfahrung in den Bereichen Elektrizitätsversorger und Breitbandtechnik mit. Als ehemaliger Leiter der National Information Solutions Cooperative (NISC) leitete er das Unternehmenswachstum von einem Start-up zu einem führenden Technologieanbieter. Seine Expertise umfasst Elektrizitätsverteilung, -erzeugung und -übertragung sowie technologiebezogene Dienstleistungen. Diese Ernennung steht im Einklang mit dem Fokus von MDU Resources als reines reguliertes Unternehmen für die Energieversorgung. Dosch hat Abschlüsse in Betriebswirtschaft, Buchhaltung und Management von der University of Mary.

Positive
  • Addition of board member with 45+ years of utility and broadband industry expertise
  • Strategic alignment with company's pure-play regulated energy delivery business focus
  • Brings extensive experience in electric distribution, generation, and transmission
Negative
  • None.

BISMARCK, N.D., Nov. 14, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that its board of directors has elected Vernon A. Dosch as a director, effective Nov. 15, 2024.

Dosch, a respected leader with more than 45 years of expertise in the electric utility and broadband industries, brings a deep commitment to community and industry advancement.

"We are excited to welcome Vern to our board," said Dennis W. Johnson, chair of the board. "His dedication to industry innovation, community service, and proven ability to lead transformation initiatives in the utility sector will be an invaluable addition to our team. Vern's impressive track record of strategic planning, financial acumen, and relationship-building aligns with our commitment to excellence."

As a longtime leader at National Information Solutions Cooperative (NISC), Dosch led the company's growth from start-up to a premier technology provider for the utility and broadband sectors. His expertise in electric distribution, generation and transmission, as well as utility-related technology, has positioned him as a trusted leader. Dosch's career is marked by an ability to effectively engage with diverse teams and stakeholders—qualities that will enhance the MDU Resources board as it moves forward as a pure-play regulated energy delivery business.

"I am honored to join the board of MDU Resources Group and look forward to contributing to the company's continued success. With a strong foundation in industry leadership and community service, I am excited to collaborate with the talented team at MDU Resources to drive forward our shared vision of excellence and sustainable growth. Together, we will work to enhance our impact in the energy sector and support the communities we serve."

Dosch's involvement in numerous boards, foundations and community service roles, including Bismarck State College Foundation, Missouri Valley United Way and several functions with the State of North Dakota, reflects his commitment to community impact, an integral aspect of MDU Resources' values.

Dosch earned a bachelor's degree in business administration and accounting as well as a master's degree in management from the University of Mary. In 2021, he was awarded an Honorary Doctorate of Leadership Honoris Causa from the University of Mary.

About MDU Resources
MDU Resources Group, Inc., a member of the S&P SmallCap 600 index, provides essential products and services through its regulated energy delivery 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.

Forward-Looking Statements
This release contains forward-looking statements within the meaning of the federal securities laws. Other than statements of historical facts, all statements which address activities, events, or developments that MDU Resources anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are based on many assumptions and factors, which are detailed in MDU Resources' filings with the U.S. Securities and Exchange Commission (the "SEC"). These forward-looking statements are based largely on MDU Resources' expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond its control. For additional discussion regarding risks and uncertainties that may affect forward-looking statements, see "Risk Factors" disclosed in MDU Resources' most recent Annual Report on Form 10-K and subsequent filings with the SEC. Any changes in such assumptions or factors could produce significantly different results. The Company undertakes no obligation to update the forward-looking statements, whether due to new information, future events, or otherwise.

Investor Contact: Brent Miller, assistant treasurer, 701-530-1730
Media Contact: Byron Pfordte, manager of integrated communications, 208-377-6050

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mdu-resources-welcomes-vernon-dosch-to-board-of-directors-302306395.html

SOURCE MDU Resources Group, Inc.

FAQ

When does Vernon Dosch join MDU Resources' board of directors?

Vernon Dosch joins MDU Resources' board of directors effective November 15, 2024.

What is Vernon Dosch's industry experience before joining MDU Resources (NYSE: MDU)?

Vernon Dosch has over 45 years of experience in the electric utility and broadband industries, notably leading National Information Solutions Cooperative (NISC) from startup to becoming a premier technology provider.

What educational background does MDU's new board member Vernon Dosch have?

Vernon Dosch holds a bachelor's degree in business administration and accounting, a master's degree in management, and an Honorary Doctorate of Leadership from the University of Mary.

MDU Resources Group, Inc.

NYSE:MDU

MDU Rankings

MDU Latest News

MDU Stock Data

3.69B
203.89M
0.63%
75.91%
2.71%
Conglomerates
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
Link
United States of America
BISMARCK