PATRICIA L. MOSS - Corporate Board Profile

MDU RESOURCES GROUP INC

Filing Date	Source Excerpt
2010-03-12	Patricia L. Moss Director Since 2003 Age 56 Compensation Committee Ms. Moss has served as the president and chief executive officer of Cascade Bancorp, a financial holding company in Bend, Oregon, since 1998, chief executive officer of Cascade Bancorps principal subsidiary, Bank of the Cascades, since 1993, serving also as president from 1993 to 2003, and a director of Cascade Bancorp since 1993. She also serves as a director of the Oregon Investment Fund Advisory Council, a state-sponsored program to encourage the growth of small businesses within Oregon, and a director of Clear Choice Health Plans Inc., a multi-state insurance company. Ms. Moss graduated magna cum laude with a bachelor of science degree in business administration from Linfield College in Oregon and did masters studies at Portland State University. She received commercial banking school certification at the ABA Commercial Banking School at the University of Oklahoma. She served as a director of the Oregon Business Council, whose mission is to mobilize business leaders to contribute to Oregons quality of life and economic prosperity; the Cascades Campus Advisory Board of the Oregon State University; the North Pacific Group, Inc., a wholesale distributor of building materials, industrial and hardwood products, and other specialty products; the Aquila Tax Free Trust of Oregon, a mutual fund created especially for the benefit of Oregon residents; and as a director and chair of the St. Charles Medical Center. In August 2009, the Federal Deposit Insurance Corporation and the Oregon Division of Finance and Corporate Securities entered into a consent agreement with Bank of the Cascades that requires the bank to develop and adopt a plan to maintain the capital necessary for it to be well-capitalized, to improve its lending policies and its allowance for loan losses, to increase its liquidity, to retain qualified management, and to increase the participation of its board of directors in the affairs of the bank. In October 2009, the banks parent, Cascade Bancorp, entered into a written agreement with the Federal Reserve Bank of San Francisco and the Oregon Division relating largely to improving the financial condition of Cascade Bancorp and the Bank of the Cascades. For the following reasons, the board concluded that Ms. Moss 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. A significant portion of MDU Resources Group, Inc.s utility, construction services, and contracting operations are located in the Pacific Northwest. Ms. Moss has first-hand business experience and knowledge of the Pacific Northwest economy and local, state, and regional issues through her position as president, chief executive officer, and a director at Cascade Bancorp and Bank of the Cascades, where she has over 28 years of experience. Ms. Moss provides to our board her experience in finance and banking as well as her experience in business development through her work at Cascade Bancorp and on the Oregon Investment Advisory Council and the Oregon Business Council. Ms. Moss is also certified as a Senior Professional in Human Resources, which makes her well-suited for our compensation committee. In deciding that Ms. Moss should be renominated as a director, the board was mindful of the consent agreement with Bank of the Cascades, but concluded that Ms. Moss brought the many skills and experiences discussed above to our board and had proved herself to be a dedicated and hard-working director.
2011-03-11	Patricia L. Moss Director Since 2003 Age 57 Compensation Committee Ms. Moss has served as the president and chief executive officer of Cascade Bancorp... Director Compensation for 2010 Patricia L. Moss Fees Earned or Paid in Cash: $55,000 Stock Awards: $79,064 Total: $134,238
2012-03-09	Patricia L. Moss Director Since 2003 Age 58 Compensation Committee Nominating and Governance Committee Ms. Moss served as the president and chief executive officer of Cascade Bancorp, a financial holding company in Bend, Oregon, from 1998 to January 3, 2012. She served as the chief executive officer of Cascade Bancorps principal subsidiary, Bank of the Cascades, from 1993 to January 3, 2012, serving also as president from 1993 to 2003. From 1987 to 1998, Ms. Moss served as chief operating officer, chief financial officer, and corporate secretary of Cascade Bancorp. Ms. Moss has been a director of Cascade Bancorp since 1993 and a director of Bank of the Cascades since 1998 and was elected vice chairman of both boards effective January 3, 2012. Ms. Moss also serves as a director of the Oregon Investment Fund Advisory Council, a state-sponsored program to encourage the growth of small businesses within Oregon. Ms. Moss graduated magna cum laude with a bachelor of science degree in business administration from Linfield College in Oregon and did masters studies at Portland State University. She received commercial banking school certification at the ABA Commercial Banking School at the University of Oklahoma. She served as a director of the Oregon Business Council, whose mission is to mobilize business leaders to contribute to Oregons quality of life and economic prosperity; the Cascades Campus Advisory Board of the Oregon State University; the North Pacific Group, Inc., a wholesale distributor of building materials, industrial and hardwood products, and other specialty products; the Aquila Tax Free Trust of Oregon, a mutual fund created especially for the benefit of Oregon residents; Clear Choice Health Plans Inc., a multi-state insurance company; and as a director and chair of the St. Charles Medical Center. In August 2009, the Federal Deposit Insurance Corporation and the Oregon Division of Finance and Corporate Securities entered into a consent agreement with Bank of the Cascades that requires the bank to develop and adopt a plan to maintain the capital necessary for it to be well-capitalized, to improve its lending policies and its allowance for loan losses, to increase its liquidity, to retain qualified management, and to increase the participation of its board of directors in the affairs of the bank. In October 2009, the banks parent, Cascade Bancorp, entered into a written agreement with the Federal Reserve Bank of San Francisco and the Oregon Division relating largely to improving the financial condition of Cascade Bancorp and the Bank of the Cascades. Cascade Bancorp completed a sale of common stock in January 2011 to private investors that raised sufficient capital to meet the agreement requirements. Ms. Moss submitted a letter of resignation to the board of directors in connection with her retirement from Cascade Bancorp and Bank of the Cascades in accordance with our Director Resignation upon Change of Job Responsibility policy. The board decided that Ms. Moss 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. A significant portion of MDU Resources Group, Inc.s utility, construction services, and contracting operations are located in the Pacific Northwest. Ms. Moss has first-hand business experience and knowledge of the Pacific Northwest economy and local, state, and regional issues through her executive positions at Cascade Bancorp and Bank of the Cascades, where she gained over 30 years of experience. Ms. Moss provides to our board her experience in finance and banking, as well as her experience in business development through her work at Cascade Bancorp and on the Oregon Investment Advisory Council and the Oregon Business Council. This business experience demonstrates her leadership abilities and success in the finance and banking industry. Ms. Moss is also certified as a Senior Professional in Human Resources, which makes her well-suited for our compensation committee. In deciding that Ms. Moss should be renominated as a director, the board was mindful of the consent agreement with Bank of the Cascades, but concluded that Ms. Moss brought the many skills and experiences discussed above to our board and had proved herself to be a dedicated and hard-working director.
2013-03-13	Patricia L. Moss Director Since 2003 Age 59 Compensation Committee Nominating and Governance Committee Ms. Moss served as the president and chief executive officer of Cascade Bancorp... Ms. Moss is also certified as a Senior Professional in Human Resources, which makes her well-suited for our compensation committee.
2014-03-12	Patricia L. Moss Director Since 2003 Age 60 Compensation Committee Nominating and Governance Committee ...Ms. Moss has over 30 years of experience in finance and banking. ...Director Compensation for 2013 Patricia L. Moss Fees Earned or Paid in Cash ($): 55,000 Stock Awards ($): 110,000 Total ($): 165,156
2015-03-18	Patricia L. Moss Director Since 2003 Age 61 Compensation Committee Nominating and Governance Committee ...Ms. Moss provides to our board her experience in finance and banking, as well as her experience in business development through her work at Cascade Bancorp and on the Oregon Investment Fund Advisory Council, the Oregon Business Council, and the Oregon Growth Board. This business experience demonstrates her leadership abilities and success in the finance and banking industry. Ms. Moss is also certified as a senior professional in human resources, which makes her well-suited for our compensation committee. ...Director Compensation for2014 Name (a) Patricia L. Moss Fees Earned or Paid in Cash ($) (b) 60,833 Stock Awards ($) (c) 110,000 Total ($) (h) 170,989
2016-03-16	Patricia L. Moss Director Since 2003 Age 62 Compensation Committee Nominating and Governance Committee ... Director Compensation for2015 Patricia L. Moss Fees Earned or Paid in Cash ($) 65,000 Stock Awards ($) 110,000 All Other Compensation ($) 156 Total ($) 175,156
2017-03-24	Patricia L. Moss Age 63 Independent Director Since 2003 Compensation Committee Nominating and Governance Committee ... Director Compensation for 2016 ... Patricia L. Moss 65,000 Fees Earned or Paid in Cash, 110,000 Stock Awards, 83 All Other Compensation, Total 175,083
2018-03-23	Patricia L. Moss Age 64 Independent Director Since 2003 Compensation Committee Nominating and Governance Committee Other Current Public Boards: First Interstate BancSystem, Inc. Aquila Tax Free Trust of Oregon ... Director Compensation for 2017 ... Patricia L. Moss Fees Earned or Paid in Cash $67,917 Stock Awards $110,000 All Other Compensation $1,083 Total $179,000
2019-03-22	Patricia L. Moss Age 65 Independent Director Since 2003 Compensation Committee Nominating and Governance Committee Ms. Moss has business experience and knowledge of the Pacific Northwest economy and state, local, and regional issues where a significant portion of our operations are located. Director Compensation for 2018 MDU Resources’ non-employee directors are compensated for their service according to the MDU Resources Group Inc. Director Compensation Policy. The following table outlines the compensation paid to our non-employee directors for 2018. Patricia L. Moss Fees Earned or Paid in Cash ($) 70,000 Stock Awards ($) 110,000 All Other Compensation ($) 83 Total ($) 180,083
2020-03-27	Patricia L. Moss Age 66 Independent Director Since 2003 Compensation Committee Environmental and Sustainability Committee ... Director Compensation for 2019 ... Patricia L. Moss 78,750 Fees Earned or Paid in Cash, 125,000 Stock Awards, 2,083 All Other Compensation, Total 205,833
2021-03-26	Patricia L. Moss Age 67 Independent Director Since 2003 Compensation Committee Environmental and Sustainability Committee ... Director Compensation for 2020 ... Patricia L. Moss 85,000 125,000 2,083 212,083
2022-03-25	Patricia L. Moss Age 68 Independent Director Since 2003 Compensation Committee Environmental and Sustainability Committee ... The following table outlines the compensation paid to our non-employee directors for 2021. Patricia L. Moss 102,500 Fees Earned or Paid in Cash, 140,000 Stock Awards, Total 245,103.
2023-03-24	Patricia L. Moss Age 69 Independent Director Since 2003 Compensation CommitteeEnvironmental and Sustainability Committee ... The following table outlines the compensation paid to our non-employee directors for 2022. Patricia L. Moss 120,833 150,000 2,603 273,436