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Dave Goodin Named CEO of MDU Resources Group's Utility Businesses
BISMARCK, N.D.-(Business Wire)-May 20, 2008 - MDU Resources Group (NYSE: MDU) announced today that David L. Goodin has been named chief executive officer of the company's three utility businesses — Montana-Dakota Utilities Co., Great Plains Natural Gas Co. and Cascade Natural Gas Corp. — effective June 6. Terry D. Hildestad, president and CEO of MDU Resources Group, said that Goodin also will continue as president of the three utilities.
Goodin succeeds Bruce T. Imsdahl, who is retiring June 5.
"Dave is doing an outstanding job of leading our utilities as president, and is well-prepared for these additional responsibilities," Hildestad said. "He will lead a strong team that is dedicated to serving our 510,000 natural gas customers and 120,000 electric customers in five Upper Midwest states, Washington and Oregon."
Goodin joined Montana-Dakota Utilities in 1983 as an electrical engineer and advanced through a number of positions. He was promoted to vice president of operations in 2000, and in January 2007 was named executive vice president of operations and acquisitions. In July 2007, he was named president of Cascade after MDU Resources acquired the company. Goodin became president of Montana-Dakota and Great Plains on March 1, 2008.
Goodin is a member of the executive committee of the North Central Electric Association and has a long history of civic involvement, including Chambers of Commerce, the Montana State University-Billings College of Business Advisory Board and the YMCA.
Goodin has a bachelor's degree in electrical and electronics engineering from North Dakota State University and a master's degree in business administration from the University of North Dakota. He completed the Harvard Advanced Management Program in 2006. He also is a registered professional engineer. Goodin and his wife, Pat, have three daughters.
MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides value-added natural resource products and related services that are essential to energy and transportation infrastructure, operating in three core lines of business: energy, construction materials and utility resources. MDU Resources includes natural gas and oil production, natural gas pipelines and energy services, construction materials and contracting, construction services, and electric and natural gas utilities. For more information about MDU Resources, see the company's Web site at www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.
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