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Stock impact report

Knife River Names Pladsen Vice President and Chief Excellence Officer

Knife Riv Holding Co. (KNF) 
Company Research Source: Business Wire
BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that Glenn R. Pladsen has been named Vice President and Chief Excellence Officer, tasked with leading core elements of the company’s “Competitive EDGE” strategy for long-term, profitable growth. The position takes effect Jan. 1, 2025.“EDGE” stands for EBITDA Margin Improvement, Discipline, Growth and Excellence. The “Excellence” pillar of EDGE helps support each of the other key initiatives. In his current role as vice president of support services, Pladsen has been directly involved in launching the company’s Process Improvement Teams (PIT Crews), the Knife River Training Center and other strategic programs aimed at building a strong team and delivering profitable results. His role is being expanded to help the company achieve industry-leading safety performance and excellence across its commercial and operational initiatives.“We have seen significant early success with our PIT Crews and our trai Show less Read more
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