Terry Hildestad, president and CEO of MDU Resources, has announced plans to retire come January after a 38-year career with the company. David Goodin, who is currently president and CEO of the company’s four utility businesses, has been chosen to succeed Hildestad as president and CEO.
Hildestad began his career with the company in 1974 at Knife River Corp., where he served in several positions before becoming its president in 1991. He was named president and CEO of Knife River in 1993. He became president and COO of MDU Resources in 2005 and was named to his current position in 2006.