Alqueres Named Country President of MDU Brasil Ltda.Business Editors BISMARCK, N.D.--(BUSINESS WIRE)--June 4, 2004 MDU (1) (Multiple Dwelling Unit) A commercial or residential building with multiple offices or apartments. See BLEC. (2) (Multiply-Divide Unit) A high-speed circuit that performs multiplication and division within the CPU. Resources Group, Inc. announced today that Jose Luiz Alqueres has been named country president of MDU Brasil Ltda. MDU Brasil is an indirect subsidiary of Centennial Energy Resources LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the independent power production unit of MDU Resources. Alqueres is a member of the MDU Brasil Board of Advisors and president of the Board of Alstom do Brasil, a Brazilian subsidiary of Alstom, an electric and engineering conglomerate conglomerate, in business conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company. . "When we began expanding internationally, we formed an advisory board of local business experts to help guide our activities," said Martin A. White, chairman, president and chief executive officer of MDU Resources. "Jose Luiz Alqueres has been a valuable member of that board, and we look forward to having him take a more active role in advancing our international activities." In his new position, Alqueres will be responsible for the oversight
Oversight may refer to:
In addition to his leadership role with Alstom, Alqueres spent 23 years with Electrobras, the Brazilian federal utility where he served as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. during the early 1990s. In addition, his experience includes five years with Banco Bozano Simonsen, a Brazilian investment banking firm, where he organized the bank's participation in some of the early privatizations This list of privatizations provides links to notable and/or major privatizations. See also: Privatization. Argentina
"Jose Luiz Alqueres has a proven track record of success in both the private and public energy sectors," said Paul Gatzemeier, vice president and general manager of Centennial Energy. "We are fortunate to have a man of his experience join our company." MDU Resources Group Inc., a member of Standard & Poor's MidCap mid·cap adj. 1. Or or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations. 2. 400 index, provides value-added natural resource products and related services that are essential to the energy and transportation infrastructure. MDU Resources includes electric and natural gas utilities, natural gas pipelines and energy services, utility services, natural gas and oil production, construction materials and mining, and domestic and international independent power production. For more information about MDU Resources, see the company's Web site at www.mdu.com or contact the investor relations Investor relations The process by which the corporation communicates with its investors. department at investor@mduresources.com. |
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