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.