MDU Resources Group Announces Retirement of VP and CIO Peggy Link, Boese Named Successor

Rhea-AI Summary

MDU Resources Group (NYSE: MDU) has announced the retirement of Peggy Link, vice president and chief information officer, effective Jan. 10, 2025. Dyke Boese, currently director of enterprise infrastructure and operations, will succeed Link. Link joined MDU Resources in 2005 and has been instrumental in overseeing IT functions and advancing cyber-readiness capabilities. Boese, with over 25 years of experience, will take on the role of CIO. He holds an MBA and serves on the board of the Technology Council of North Dakota.

MDU Resources, celebrating its 100th anniversary, is a member of the S&P MidCap 400 index and provides essential products and services through regulated energy delivery and construction services businesses.

Positive

• Smooth succession plan in place for the CIO position
• New CIO Dyke Boese brings over 25 years of experience within the company
• Boese's educational background includes an MBA and specialized energy executive training

Negative

• None.

BISMARCK, N.D., Sept. 18, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the retirement of Peggy Link, vice president and chief information officer, effective Jan. 10, 2025. Dyke Boese, currently director of enterprise infrasture and operations, will succeed Link.

Joining MDU Resources in 2005, and throughout her tenure, Link has been a pivotal member of the company overseeing information technology functions for the company and its business units. Named as the first chief information officer for MDU Resources Group in 2016, she has led the enterprise technology services function since 2007 and previously served as the assistant vice president of technology and cybersecurity officer. With her more than 30 years of experience and extensive knowledge in the information technology arena, Link also has contributed to the broader IT community through her roles on the board of the Information Technology Council of North Dakota and as a member of the State Information Technology Advisory Committee.

"Peggy's leadership and expertise have been instrumental in advancing our IT and cyber-readiness capabilities and ensuring the smooth operation of our technology functions," said Nicole Kivisto, President and CEO of MDU Resources Group. "Her people and project management skills have been a key strength, and her contributions will be greatly missed. We wish Peggy all the best in her well-deserved retirement."

Reflecting on her time at MDU Resources, Link said, "It has been an incredible journey working with such a talented and dedicated team. I am proud of what we have achieved together and confident that the company will continue to thrive."

Boese will succeed Link as chief information officer. Boese brings a wealth of experience and a deep understanding of the company's IT landscape. He started his career with WBI Energy in 1999 and transferred to MDU Resources in 2005, accumulating over 25 years of experience. Boese holds a bachelor's degree in business administration from Black Hills State University and a master's degree in business administration from the University of Mary. He is also a graduate of the 2015 Bismarck-Mandan Chamber of Commerce Leadership Program and the Energy Executive Course at the University of Idaho in 2019. Additionally, Boese serves as a board member of the Technology Council of North Dakota (TechND).

"I am honored to take on this new role and excited to lead our IT team into the future," said Boese. "Peggy has set a high standard, and I look forward to continuing the work she has started to drive innovation and support the company's strategic goals."

Kivisto added, "Dyke brings a wealth of experience and a deep understanding of the company's IT landscape, and he is well-positioned to continue building on Peggy's legacy of excellence."

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.

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

When will Peggy Link retire from MDU Resources Group?

Peggy Link will retire from MDU Resources Group (NYSE: MDU) effective January 10, 2025.

Who will succeed Peggy Link as CIO of MDU Resources?

Dyke Boese, currently the director of enterprise infrastructure and operations, will succeed Peggy Link as the new Chief Information Officer of MDU Resources.

How long has Peggy Link been with MDU Resources?

Peggy Link joined MDU Resources in 2005, serving the company for nearly 20 years in various IT leadership roles.

What is MDU Resources Group's stock symbol?

MDU Resources Group's stock symbol is MDU, and it is listed on the New York Stock Exchange (NYSE).