Jeffrey S. Thiede rose through the ranks of MDU Resources over two decades, eventually leading its construction services arm and navigating its successful 2024 spinoff into an independent company.
Early Life: Thiede has built a long-term career focused in the heavy construction and industrial services sector, establishing himself as a veteran operator within the MDU Resources ecosystem before taking the helm at Everus.
First Break: His appointment as President of the MDU Construction Services Group in 2012/2013 served as the definitive pivot in his career, cementing his leadership in the construction solutions domain.
Path to CEO: Thiede's career is marked by deep operational experience in construction and utility services; he steered the division through years of growth within MDU Resources before overseeing the strategic separation that formed the independent Everus Construction Group in 2024.
Original Vision: His vision has been to transform the former construction division of MDU into a premier, specialized, and independent industry-leading construction services provider.
Jeffrey S. Thiede has spent over 20 years within the company's ecosystem, progressing through executive roles before leading the construction services business unit. His trajectory is defined by a deep familiarity with the business's operational risks and his role as the architect of the standalone Everus strategy, successfully executing the spin-off and listing of ECG on the NYSE in 2024. He has been focused on maintaining the unit's reputation for safety and quality while scaling the newly public entity.
veteran operatorspinoff leaderindustrial services
