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The charts on this page feature a breakdown of the total annual pay for the top executives at MDU RESOURCES GROUP INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. MDU RESOURCES GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. MDU RESOURCES GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
David L. Goodin
President and CEO
Total Cash $1,783,935 Equity $3,247,775 Other $192,238 Total Compensation $5,223,948
Jeffrey S. Thiede
President and CEO of MDU Construction Services Group, Inc.
Total Cash $1,143,343 Equity $860,649 Other $166,470 Total Compensation $2,170,462
David C. Barney
Former President and CEO of Knife River Corporation
Total Cash $848,377 Equity $868,777 Other $214,491 Total Compensation $1,931,645
Nicole A. Kivisto
President and CEO of Montana-Dakota Utilities Co., Cascade Natural Gas Corporation, and Intermountain Gas Company
Total Cash $796,723 Equity $860,649 Other $78,795 Total Compensation $1,736,167
Jason L. Vollmer
Vice President and CFO
Total Cash $755,383 Equity $860,649 Other $150,957 Total Compensation $1,766,989
For its 2022 fiscal year, MDU RESOURCES GROUP INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
David L. Goodin CEO Pay $5,257,289 Median Employee Pay $96,652 CEO Pay Ratio 54:1
For its 2022 fiscal year, MDU RESOURCES GROUP INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Chenxi Wang Total Cash $255,936
Dale S. Rosenthal Total Cash $255,936
David M. Sparby Total Cash $281,686
Dennis W. Johnson Total Cash $405,728
Edward A. Ryan Total Cash $272,436
German Carmona Alvarez Total Cash $43,342
Karen B. Fagg Total Cash $274,536
Patricia L. Moss Total Cash $273,436
Thomas Everist Total Cash $260,936

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.