Karen Fagg

Chairman at KNIFE RIVER CORPORATION

Net worth: 3 M $ as of 2026-05-30

71 year

56 connections

Consumer Services

Health Services

Miscellaneous

Profile

Karen Barclay Fagg is Non-Executive Chairman at Knife River Corp.
since 2023.
Director at Montana State Fund since 2021.
Director-Regional Board at SCL Health-Montana since 2020.
Trustee at Carroll College (Montana) since 2019.
Former Chairman & Chief Executive Officer at HKM Engineering, Inc. from 2000 to 2008.
Chairman at Billings Clinic from 1994 to 2002.
Chairman at Billings Catholic Schools from 2017 to 2018.
Independent Director at MDU Resources Group, Inc. from 2005 to 2023.
Director at Montana Board of Investments from 2002 to 2006.
Director at ZooMontana from 2000 to 2007.
Director at St. Vincent's Healthcare Foundation from 2016 to 2019.
Director at First Interstate BancSystem Foundation from 2013 to 2016.
VP-Operations & Director-Corporate Development at MSE, Inc. from 1976 to 1988 and from 1993 to 1995.
Director at Montana Department of Natural Resources & Conservation from 1989 to 1992.
Director at Billings Chamber of Commerce from 2009 to 2015.
Director at Montana Justice Foundation from 2013 to 2015.
Director at Deaconess-Billings Clinic Health System from 1994 to 2002.
Trustee at Carroll College (Montana) from 2005 to 2010.
Member-Advanced Technology Park at Montana State University from 2001 to 2005.
Trustee at St. Vincent's Healthcare Foundation from 2003 to 2009.
Vice President at DOWL LLC from 2008 to 2011.
Education includes undergraduate degree from Carroll College (Montana).

Known holdings in public companies

Company	Date	Number of shares	Valuation	Valuation date
KNIFE RIVER CORPORATION 0.06%	2026-05-19	33,317 ( 0.06% )	3 M $	2026-05-30

Karen Fagg active positions

Companies	Position	Start
KNIFE RIVER CORPORATION	Chairman	2023-05-30
SCL Health-Montana SCL Health-Montana SCL Health-Montana is a healthcare organization that offers a wide range of medical services to patients. The company has multiple hospitals, including Good Samaritan Medical Center, Lutheran Medical Center, Platte Valley Medical Center, Saint Joseph Hospital, St. Mary ’ s Medical Center, and Holy Rosary Healthcare. The company also has medical groups in various locations. SCL Health offers a variety of services, including cancer care, cardiac care, pain management, pediatrics, physical therapy, psychiatry, pulmonology, radiology, renal health, respiratory care, rheumatology, travel medicine, urgent care, urology, women's health, weight loss and bariatrics, weight management, work injuries, wound care, and telehealth services. The company is based in Billings, MT.	Corporate Officer/Principal	2019-12-31
Montana State Fund Montana State Fund Managed Health CareHealth Services Operates as workers compensation insurance company	Director/Board Member	2021-02-28
Carroll College (Montana) Carroll College (Montana) Other Consumer ServicesConsumer Services Functions as a College/University	Director/Board Member	2019-07-31

All active positions of Karen Fagg

Former positions of Karen Fagg

Companies	Position	End
MDU RESOURCES GROUP, INC.	Director/Board Member	2023-05-30
St. Vincent's Healthcare Foundation	Director/Board Member	2019-11-30
Billings Catholic Schools Billings Catholic Schools Other Consumer ServicesConsumer Services Provides exceptional catholic education services	Chairman	2018-11-30
First Interstate BancSystem Foundation First Interstate BancSystem Foundation Investment Trusts/Mutual FundsMiscellaneous Grantmaking foundation	Director/Board Member	2015-12-31
Billings Chamber of Commerce Billings Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services Chamber of Commerce	Director/Board Member	2015-06-30

See the detail of Karen Fagg's experience

Training of Karen Fagg

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

See the detail of Karen Fagg's experience

Connections

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Female

Members of the board

Executives

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Linked companies

Private companies	19
MDU Resources Group, Inc. MDU Resources Group, Inc. Gas DistributorsUtilities Provides natural resource products and related services	Utilities
Montana Board of Investments Montana Board of Investments Investment ManagersFinance Montana Board of Investments’ original and primary mission is to prudently manage the constitutionally created (Article III, Section 13) Unified Investment Program, which includes all the state’s day to day cash, its trust funds, and the pension funds as well as local governments funds invested in the Program. The Board manages the Program pursuant to constitutional and legal provisions, which restrict equity investments to the nine retirement funds and the State Workers’ Compensation Fund.	Finance
Carroll College (Montana) Carroll College (Montana) Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Montana State University Montana State University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Billings Clinic Billings Clinic Hospital/Nursing ManagementHealth Services Operates as a hospital	Health Services
ZooMontana ZooMontana Other Consumer ServicesConsumer Services ZooMontana is an accredited zoological and botanical park established in 1984 as a non-profit organization. The private company is based in Billings, MT. It cares for over 100 animals from 56 species, including amur tigers, grizzly bears, wolverines, river otters, takin, and lynx, many of which are rescues. The facility also features a botanical garden maintained by the ZooMontana Botanical Society, showcasing themed gardens that highlight native plants, sensory experiences, water-wise landscaping, and cultural heritage. ZooMontana operates without public tax support, funding its mission through admissions, memberships, events, and private contributions. The zoo supports the local community through donations and free access programs and continues to expand with capital projects focused on animal care and conservation.	Consumer Services
St. Vincent's Healthcare Foundation
First Interstate BancSystem Foundation First Interstate BancSystem Foundation Investment Trusts/Mutual FundsMiscellaneous Grantmaking foundation	Miscellaneous
DOWL LLC DOWL LLC Engineering & ConstructionIndustrial Services Provides engineering services	Industrial Services
MSE, Inc. MSE, Inc. Miscellaneous Commercial ServicesCommercial Services Provides research and development services	Commercial Services
Montana Department of Natural Resources & Conservation Montana Department of Natural Resources & Conservation General GovernmentGovernment Engages in conservation of land, water and natural resources	Government
Billings Chamber of Commerce Billings Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services Chamber of Commerce	Commercial Services
HKM Engineering, Inc.
Billings Catholic Schools Billings Catholic Schools Other Consumer ServicesConsumer Services Provides exceptional catholic education services	Consumer Services
Montana Justice Foundation Montana Justice Foundation Investment Trusts/Mutual FundsMiscellaneous Operates as non-profit organization which provides funding and leadership services	Miscellaneous
Deaconess-Billings Clinic Health System Deaconess-Billings Clinic Health System Medical/Nursing ServicesHealth Services Operates medical clinics	Health Services
Montana State Fund Montana State Fund Managed Health CareHealth Services Operates as workers compensation insurance company	Health Services
SCL Health-Montana SCL Health-Montana SCL Health-Montana is a healthcare organization that offers a wide range of medical services to patients. The company has multiple hospitals, including Good Samaritan Medical Center, Lutheran Medical Center, Platte Valley Medical Center, Saint Joseph Hospital, St. Mary ’ s Medical Center, and Holy Rosary Healthcare. The company also has medical groups in various locations. SCL Health offers a variety of services, including cancer care, cardiac care, pain management, pediatrics, physical therapy, psychiatry, pulmonology, radiology, renal health, respiratory care, rheumatology, travel medicine, urgent care, urology, women's health, weight loss and bariatrics, weight management, work injuries, wound care, and telehealth services. The company is based in Billings, MT.
Knife River Corp. Knife River Corp. Construction MaterialsNon-Energy Minerals Produces construction materials and provides contracting services	Non-Energy Minerals