MDU Resources Group, Inc. NEO 2006 Base Compensation Table
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Summary
This document outlines the 2006 base salary adjustments for named executive officers (NEOs) of MDU Resources Group, Inc. It lists the current and new base compensation amounts for each executive, along with changes in their participation levels in the company's Supplemental Income Security Plan (SISP). The table also notes executive role changes and effective dates for compensation adjustments. The agreement ensures transparency regarding executive pay and benefits for the specified year.
EX-10.1 2 neo2006basecomptable.htm MDU RESOURCES GROUP, INC., NEO 2006 BASE COMPENSATION TABLE MDU Resources Group, Inc., NEO 2006 Base Compensation Table
MDU Resources Group, Inc.
NEO 2006 Base Compensation Table
| Name | Title | Current Base Compensation ($) | New Base Compensation ($) |
| Martin A. White | Chairman of the Board and Chief Executive Officer | 700,000 | 750,000 |
| Terry D. Hildestad | President and Chief Operating Officer | 475,000 | 525,000 |
| Warren L. Robinson1 | Executive Vice President and Chief Financial Officer | 425,000 | 425,000 |
| John K. Castleberry | President and Chief Executive Officer, WBI Holdings, Inc. | 370,000 | 370,000 |
| Paul E. Gatzemeier | President and Chief Executive Officer, Centennial Energy Resources LLC | 285,000 | 310,000 |
| Vernon A. Raile | Executive Vice President and Chief Financial Officer2 | 217,360 | 318,750 |
1 Resigning as Executive Vice President and Chief Financial Officer effective January 3, 2006 and retiring effective February 17, 2006.
2 Effective January 3, 2006.
In addition, Mr. Castleberry’s participation level under the Supplemental Income Security Plan (“SISP”) will increase from level 66 to level 67, effective January 1, 2006.
In addition, Mr. Gatzemeier’s participation level under the Supplemental Income Security Plan (“SISP”) will increase from level 63 to level 64, effective January 1, 2006.
In addition, Mr. Raile’s participation level under the Supplemental Income Security Plan (“SISP”) will increase from level 60 to level 64, effective January 1, 2006.
