Knife River Corporation Announces Executive Appointments and Reports Annual Meeting Results

On May 20, 2026, Knife River Corporation announced the appointment of Peggy S. Rebstock as Vice President, Chief Accounting Officer and Controller, effective May 21, 2026. Ms. Rebstock's new role includes an annual base salary of $320,000, with a target annual cash incentive of 50% for the 2026 plan year. She will also continue to participate in the Company's long-term incentive plan, with a target equity award value for the 2027 plan year expected to be 65% of her base salary. Additionally, Marney L. Kadrmas was named Senior Vice President of Financial Strategy. The Company also reported the results of its annual meeting of stockholders held on May 20, 2026. All three proposals submitted to stockholders were approved: the election of two Class III Directors, an advisory vote to approve executive compensation, and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2026. The election of directors and the advisory vote on executive compensation passed with a majority of the votes cast, and the ratification of the auditor also received majority approval.