MDU Resources Group Hits the Fortune 500

MDU Resources Group Inc. has been listed on the prestigious 2021 Fortune 500. The Fortune 500 recognizes the 500 largest U.S. companies based on 2020 revenues. MDU Resources was ranked No. 486.

“We are proud of the good work our employees do, safely providing essential products and services that are Building a Strong America,” said David L. Goodin, president and CEO of MDU Resources. “Our company’s continued growth, recognized by our listing on the Fortune 500, makes it clear that our two-platform business model of regulated energy delivery and construction materials and services is a successful formula.”

The company was also recently recognized by 50/50 Women on Boards as a “3+” company for having three or more women on its board of directors. MDU Resources’ board is comprised of nine directors. Four women, Karen B. Fagg, Patricia L. Moss, Dale S. Rosenthal and Chenxi Wang, currently serve on the board.

“We seek and value diverse perspectives across all levels of our company. Diversity is critical to MDU Resources’ success,” said Goodin.

50/50 Women on Boards is a global education and advocacy campaign focused on gender balance and diversity on corporate boards. It tracks the number of corporate board seats held by women among companies listed on the Russell 3000 Index and says women now hold 23.7% of the Russell 3000 board seats.

MDU Resources was started in 1924 as a company serving electricity and natural gas to towns in Montana, North Dakota, South Dakota and Wyoming. Today, it is the only company headquartered in the four-state area that is on the Fortune 500 list, and it now operates in 46 states and has approximately 16,000 employees during peak construction season.

Related posts