MDU Resources Group, Inc. 2015 Annual Incentive Award Opportunity Chart
EX-10.1 2 exhibit101.htm EXHIBIT 10.1 Wdesk | Exhibit10.1
Exhibit 10.1
MDU Resources Group, Inc.
2015 Annual Incentive Award Opportunity Chart
Name | Position | 2015 Base Salary ($) | Threshold ($) | Target ($) | Maximum ($) |
David L. Goodin | President and Chief Executive Officer of the Company | 755,000 | 188,750 | 755,000 | 1,510,000 |
Doran N. Schwartz | Vice President and Chief Financial Officer of the Company | 380,000 | 61,750 | 247,000 | 494,000 |
J. Kent Wells(1) | Vice Chairman of the Corporation and Chief Executive Officer of E&P segment | 600,000 | — | — | — |
Jeffrey S. Thiede | President and Chief Executive Officer of construction services segment | 425,000 | 85,000 | 340,000 | 680,000 |
Steven L. Bietz(2) | President and Chief Executive Officer of pipeline and energy services segment | 395,000 | 64,188 | 256,750 | 513,500 |
Paul K. Sandness | General Counsel and Secretary of the Company | 366,000 | 54,900 | 219,600 | 439,200 |
(1) Mr. Wells received no award due to his resignation effective February 28, 2015.
(2) Mr. Bietz also has five performance goals relating to the pipeline and energy services segment’s safety results, and each goal that is not met will reduce his annual incentive award payment by 1%.
