MDU Resources Group, Inc. 2009 NEO Annual Award Opportunity Chart
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Summary
This document outlines the 2009 annual incentive award opportunities for key executives of MDU Resources Group, Inc. and its subsidiaries. It lists the base compensation and the threshold, target, and maximum potential annual awards for each named executive officer, including the President and CEO, CFO, and other senior leaders. The chart specifies the possible bonus amounts each executive could earn based on performance for the year 2009.
EX-10.1 2 exhibit101.htm EXHIBIT 10.1 exhibit101.htm
Exhibit 10.1
MDU Resources Group, Inc.
2009 NEO Annual Award Opportunity Chart
Name | Title | 1/1/2009 Base Compensation ($) | Threshold ($) | Target ($) | Maximum ($) |
Terry D. Hildestad | President and Chief Executive Officer MDU Resources Group, Inc. | 750,000 | 187,500 | 750,000 | 1,500,000 |
Vernon A. Raile | Executive Vice President, Treasurer and Chief Financial Officer MDU Resources Group, Inc. | 450,000 | 73,125 | 292,500 | 585,000 |
John G. Harp | President and Chief Executive Officer MDU Construction Services Group, Inc. | 450,000 | 73,125 | 292,500 | 585,000 |
William E. Schneider | President and Chief Executive Officer Knife River Corporation | 447,400 | 72,703 | 290,810 | 581,620 |
Paul K. Sandness | General Counsel and Secretary MDU Resources Group, Inc. | 334,000 | 41,750 | 167,000 | 334,000 |