The company is behind on required regulatory filings and may explore a sale or other alternatives, including bankruptcy.
MDU Resources board unanimously vote Nicole A. Kivisto as the new CEO.
Changes to the Executive Leadership Team will take place following retirements of three senior executives.
Darren Jamison’s resignation as President, CEO and board member will take effect Aug. 22.
With Leslie Beyer’s departure from Energy Workforce and Technology Council, both Molly Determan and Tim Tarpley have been jointly promoted to president to lead the organization in tandem.
Manuela Molina is succeeding Francisco Leon as California Resources Corp.’s new CFO following Leon’s appointment to CEO.