Management ChangeMay 21, 2026, 04:43 PM
Knife River Appoints Peggy Rebstock as VP, Chief Accounting Officer
AI Summary
Knife River Corporation appointed Peggy S. Rebstock as Vice President, Chief Accounting Officer, and Controller, effective May 21, 2026. Ms. Rebstock, previously VP of Financial Planning and Analysis, will receive an annual base salary of $320,000 and remain eligible for executive incentive plans. Concurrently, Marney L. Kadrmas transitioned to Senior Vice President of Financial Strategy. Additionally, stockholders approved the election of two Class III Directors, the advisory vote on executive compensation, and the ratification of Deloitte & Touche LLP as the independent auditor for 2026 at the Annual Meeting.
Key Highlights
- Peggy S. Rebstock appointed Vice President, Chief Accounting Officer, and Controller.
- Ms. Rebstock's annual base salary set at $320,000.
- Eligible for a target annual cash incentive of 50% for the 2026 plan year.
- Target equity award value for 2027 expected to be 65% of her base salary.
- Marney L. Kadrmas named Senior Vice President of Financial Strategy.
- Stockholders elected Karen B. Fagg and Brian R. Gray as Class III Directors.
- Advisory vote to approve executive compensation passed with 45,322,044 shares for.
- Deloitte & Touche LLP ratified as independent auditor with 49,836,805 shares for.
Price Impact
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