Corporate Board Profile
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Filing Date | Source Excerpt |
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2010-03-12 | Karen B. Fagg Director Since 2005 Age 56 Nominating and Governance Committee Compensation Committee Ms. Fagg has served as vice president of DOWL LLC, d/b/a DOWL HKM, an engineering and design firm, since April 2008. Ms. Fagg was president from April 1, 1995 through March 2008, and chairman and majority owner from June 2000 through March 2008 of HKM Engineering, Inc., Billings, Montana, an engineering and physical science services firm. HKM Engineering, Inc. merged with DOWL LLC on April 1, 2008. Ms. Fagg was employed with MSE, Inc., Butte, Montana, an energy research and development company, from 1976 through 1988 and served as vice president of operations and corporate development director. Ms. Fagg served a four-year term as director of the Montana Department of Natural Resources and Conservation, Helena, Montana, the state agency charged with promoting stewardship of Montanas water, soil, energy, and rangeland resources; regulating oil and gas exploration and production; and administering several grant and loan programs from 1989 through 1992. Ms. Fagg has a bachelors degree in mathematics from Carroll College in Helena, Montana. She served on the board for St. Vincents Healthcare from October 2003 until October 2009, including a term as board chair and on the board of Deaconess Billings Clinic Health System from 1994 to 2003. She is a member of the Board of Trustees of Carroll College, the Board of Advisors of the Charles M. Bair Family Trust, and a member of the Board of Directors of the Billings Chamber of Commerce. She is also a member of the Montana State University Engineering Advisory Council, whose responsibilities include evaluating the mission and goals of the College of Engineering and assisting in the development and implementation of the colleges strategic plan. From 2002 through 2006, she served on the Montana Board of Investments, the state agency responsible for prudently investing state funds. From 2001 to 2005, she served on the board of Montana State Universitys Advanced Technology Park. From 2000 to 2007, she served on the ZooMontana Board and as vice chair from 2006 to 2007. For the following reasons, the board concluded that Ms. Fagg should serve as a director of MDU Resources Group, Inc., in light of our business and structure, at the time we file our proxy statement. Construction and engineering, energy, and the responsible development of natural resources are all important aspects of our business. Ms. Fagg has business experience in all these areas, including 15 years of construction and engineering experience at DOWL HKM and its predecessor, HKM Engineering, Inc., where she has served as vice president, president, and chairman. Ms. Fagg has also had 12 years of experience in energy research and development at MSE, Inc., where she served as vice president of operations and corporate development director, and four years focusing on stewardship of natural resources as director of the Montana Department of Natural Resources and Conservation. In addition to her industry experience, Ms. Fagg brings to our board 12 years of business leadership and management experience as president and chairman of her own company, as well as knowledge and experience acquired through her service on a number of Montana state and community boards. |
2011-03-11 | Karen B. Fagg Director Since 2005 Age 57 Nominating and Governance Committee Compensation Committee Ms. Fagg has served as vice president of DOWL LLC...Ms. Fagg brings to our board 13 years of business leadership and management experience. Director Compensation for 2010 Karen B. Fagg Fees Earned or Paid in Cash: $60,000 Stock Awards: $79,064 Total: $139,238 |
2012-03-09 | Karen B. Fagg Director Since 2005 Age 58 Nominating and Governance Committee Compensation Committee Ms. Fagg served as vice president of DOWL LLC, d/b/a DOWL HKM, an engineering and design firm, from April 2008 until her retirement on December 31, 2011. Ms. Fagg was president from April 1, 1995 through March 2008, and chairman and majority owner from June 2000 through March 2008 of HKM Engineering, Inc., Billings, Montana, an engineering and physical science services firm. HKM Engineering, Inc. merged with DOWL LLC on April 1, 2008. Ms. Fagg was employed with MSE, Inc., Butte, Montana, an energy research and development company, from 1976 through 1988 and from 1993 to April 1995. She served as vice president of operations and corporate development director. From 1989 through 1992, Ms. Fagg served a four-year term as director of the Montana Department of Natural Resources and Conservation, Helena, Montana, the state agency charged with promoting stewardship of Montanas water, soil, energy, and rangeland resources; regulating oil and gas exploration and production; and administering several grant and loan programs. Ms. Fagg has a bachelors degree in mathematics from Carroll College in Helena, Montana. She served on the board for St. Vincents Healthcare from October 2003 until October 2009, including a term as board chair, on the board of Deaconess Billings Clinic Health System from 1994 to 2002, as a member of the Board of Trustees of Carroll College from 2005 through 2010, and on the board of advisors of the Charles M. Bair Family Trust from 2008 to July 2011, including a term as board chair. She has been a member of the board of directors of the Billings Chamber of Commerce since July 2009 and a member of the Billings Catholic School Board since December 2011. She is also a member of the Montana State University Engineering Advisory Council, whose responsibilities include evaluating the mission and goals of the College of Engineering and assisting in the development and implementation of the colleges strategic plan. From 2002 through 2006, she served on the Montana Board of Investments, the state agency responsible for prudently investing state funds. From 2001 to 2005, she served on the board of Montana State Universitys Advanced Technology Park. From 1998 to 2007, she served on the ZooMontana Board and as vice chair from 2005 to 2006. Ms. Fagg submitted a letter of resignation to the board of directors when she retired from DOWL LLC in accordance with our Director Resignation upon Change of Job Responsibility policy. The board decided that Ms. Fagg should continue to serve as a director and be renominated to serve as a director of MDU Resources Group, Inc., in light of our business and structure, at the time we file our proxy statement for the following reasons. Construction and engineering, energy, and the responsible development of natural resources are all important aspects of our business. Ms. Fagg has business experience in all these areas, including 17 years of construction and engineering experience at DOWL HKM and its predecessor, HKM Engineering, Inc., where she served as vice president, president, and chairman. Ms. Fagg has also had 14 years of experience in energy research and development at MSE, Inc., where she served as vice president of operations and corporate development director, and four years focusing on stewardship of natural resources as director of the Montana Department of Natural Resources and Conservation. In addition to her industry experience, Ms. Fagg brings to our board 13 years of business leadership and management experience as president and chairman of her own company, as well as knowledge and experience acquired through her service on a number of Montana state and community boards. |
2013-03-13 | Karen B. Fagg Director Since 2005 Age 59 Nominating and Governance Committee Compensation Committee Ms. Fagg served as vice president of DOWL LLC... Ms. Fagg brings to our board 13 years of business leadership and management experience as president and chairman of her own company. |
2014-03-12 | Karen B. Fagg Director Since 2005 Age 60 Nominating and Governance Committee Compensation Committee ...Ms. Fagg has business experience in construction, engineering, energy, and natural resources. ...Director Compensation for 2013 Karen B. Fagg Fees Earned or Paid in Cash ($): 65,000 Stock Awards ($): 110,000 Total ($): 175,656 |
2015-03-18 | Karen B. Fagg Director Since 2005 Age 61 Compensation Committee Nominating and Governance Committee ...The board concluded that Ms. Fagg should serve as a director of MDU Resources Group, Inc., in light of our business and structure, at the time we file our proxy statement for the following reasons...Ms. Fagg also has 14 years of experience in energy research and development at MSE, Inc., where she served as vice president of operations and corporate development director, and four years focusing on stewardship of natural resources as director of the Montana Department of Natural Resources and Conservation. ...Director Compensation for2014 Name (a) Karen B. Fagg Fees Earned or Paid in Cash ($) (b) 70,833 Stock Awards ($) (c) 110,000 Total ($) (h) 180,989 |
2016-03-16 | Karen B. Fagg Director Since 2005 Age 62 Compensation Committee Nominating and Governance Committee ... Director Compensation for2015 Karen B. Fagg Fees Earned or Paid in Cash ($) 75,000 Stock Awards ($) 110,000 All Other Compensation ($) 656 Total ($) 185,656 |
2017-03-24 | Karen B. Fagg Age 63 Independent Director Since 2005 Compensation Committee Nominating and Governance Committee ... Director Compensation for 2016 ... Karen B. Fagg 75,000 Fees Earned or Paid in Cash, 110,000 Stock Awards, 83 All Other Compensation, Total 185,083 |
2018-03-23 | Karen B. Fagg Age 64 Independent Director Since 2005 Compensation Committee Nominating and Governance Committee ... Director Compensation for 2017 ... Karen B. Fagg Fees Earned or Paid in Cash $77,917 Stock Awards $110,000 All Other Compensation $83 Total $188,000 |
2019-03-22 | Karen B. Fagg Age 65 Independent Director Since 2005 Compensation Committee Nominating and Governance Committee Ms. Fagg brings experience to our board in construction and engineering, energy, and the responsible development of natural resources, which are all important aspects of our business. Director Compensation for 2018 MDU Resources’ non-employee directors are compensated for their service according to the MDU Resources Group Inc. Director Compensation Policy. The following table outlines the compensation paid to our non-employee directors for 2018. Karen B. Fagg Fees Earned or Paid in Cash ($) 80,000 Stock Awards ($) 110,000 All Other Compensation ($) 583 Total ($) 190,583 |
2020-03-27 | Karen B. Fagg Age 66 Independent Director Since 2005 Compensation Committee Environmental and Sustainability Committee ... Director Compensation for 2019 ... Karen B. Fagg 91,667 Fees Earned or Paid in Cash, 125,000 Stock Awards, 2,083 All Other Compensation, Total 218,750 |
2021-03-26 | Karen B. Fagg Age 67 Independent Director Since 2005 Compensation Committee Environmental and Sustainability Committee ... Director Compensation for 2020 ... Karen B. Fagg 100,000 125,000 3,683 228,683 |
2022-03-25 | Karen B. Fagg Age 68 Independent Director Since 2005 Compensation Committee Environmental and Sustainability Committee ... The following table outlines the compensation paid to our non-employee directors for 2021. Karen B. Fagg 108,750 Fees Earned or Paid in Cash, 140,000 Stock Awards, Total 252,453. |
2023-03-24 | Karen B. Fagg Age 69 Independent Director Since 2005 Compensation Committee Environmental and Sustainability Committee ... The following table outlines the compensation paid to our non-employee directors for 2022. Karen B. Fagg 120,833 150,000 3,703 274,536 |
Data sourced from SEC filings. Last updated: 2025-07-01