Stumpf named senior vice president of business development and midstream

Bismarck, n.d.--(business wire)--wbi energy, inc., the natural gas pipeline and energy services subsidiary of mdu resources group, inc. (nyse:mdu), announced today that john stumpf has been named senior vice president of business development and midstream effective april 1. stumpf previously served as vice president of strategic planning at mdu resources. in this position, stumpf will provide leadership and support for the company’s business development activities. in addition, he will help develop and implement strategic growth initiatives for the company’s midstream operations plus provide support for the effective operations of the company’s interest in the dakota prairie refining and its investment in the pronghorn gas processing plant and related assets. “john has deep experience in business development which is going to help take our pipeline and midstream operations to the next level,” said steven l. bietz, president and ceo of wbi energy. “he played a lead role in developing the refinery project and now, in this role, he will provide continued support to operations both with that project along with our other midstream investments. we are pleased to have john on our team.” stumpf is a mandan, n.d., native, with a bachelor’s degree in business administration from the university of north dakota in grand forks. he is a certified public accountant and a veteran of the u.s. navy. stumpf worked in public accountancy before joining mdu resources as a financial auditor in 1992. in 1993, he joined the construction materials subsidiary of mdu resources, knife river corporation, as a financial analyst and held positions of increasing responsibility at that business unit, including serving as vice president of administration at hap taylor & sons, a knife river subsidiary in oregon, from 1998 to 2000. he returned to knife river’s corporate office in bismarck as director of special projects and then vice president of corporate development. in 2006, he was named vice president of strategic planning at mdu resources. about wbi energy wbi energy, inc. provides natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and nonregulated pipeline systems primarily in the rocky mountain and northern great plains regions of the united states. it also provides cathodic protection and other energy-related management services. wbi energy, inc. is an indirect subsidiary of mdu resources group, inc. for more information about wbi energy, inc., visit the company’s website at www.wbienergy.com.
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