IDAHO 500 | 

Nicole A. Kivisto

Organization
MDU Resources Group, Inc.
Title
President and CEO

Nicole A. Kivisto has led MDU Resources Group for two years, guiding the company through significant transformation including two major business spin-offs that positioned the organization as a pure-play regulated energy delivery business. Based in Bismarck, North Dakota, the company’s subsidiary Intermountain Gas serves southern Idaho with its general office in Boise.

“Stepping into the role of president and CEO of MDU Resources during a time of significant transformation has been both an incredible honor and a tremendous challenge,” Kivisto said. “I’m proud of the value we’ve delivered to our shareholders, our customers and our communities throughout this process.”

She holds a bachelor’s degree in accounting from University of Minnesota-Moorhead and completed executive programs at Carlson School of Management and University of Idaho. Her biggest challenge was transitioning from finance to operations early in her career, requiring her to get comfortable with uncertainty and embrace steep learning curves.

“What helped most was surrounding myself with great people, listening and staying curious,” she said. Kivisto has worked with the company for 30 years, starting during her honeymoon when she received the interview call.

Organization

Education

• Bachelor’s degree in accounting from the University of Minnesota–Moorhead
• Graduate of the Carlson School of Management’s Minnesota Executive Program
• Graduate of the Utility Executive Course at the University of Idaho

Board Affiliations

• MDU Resources Board of Directors
• Brevara Board of Directors
• American Gas Association Board of Directors
• Edison Electric Institute Board of Directors

Awards and Honors & Certifications

• 2024 Leaders and Legacies Award from Prairie Business Magazine
• 2024 Women You Need to Know and Watch from Greater North Dakota Chamber

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