Jesse Fonkert has resigned from his position as President and CEO of South Dakota Trade, effective March 25, 2026. Fonkert, who assumed the role in May 2025, cited a desire to prioritize family and pursue latest opportunities as the reason for his departure.
Why This Matters
South Dakota Trade plays a vital role in promoting the state’s agricultural and manufacturing sectors. Fonkert’s resignation occurs during a period of economic challenges for South Dakota, stemming from global trade tensions and the continuing effects of the pandemic.
Key Details
Fonkert announced his resignation via social media. He succeeded Luke Lindberg, who now serves in the U.S. Department of Agriculture, as President in 2025.
- Fonkert began his tenure as president in May 2025.
- His resignation was announced on March 25, 2026.
What’s Next
As of March 25, 2026, South Dakota Trade has not established a timeline for selecting Fonkert’s replacement. The organization’s future leadership and direction remain uncertain as it navigates ongoing economic challenges.
Frequently Asked Questions
Who is Jesse Fonkert?
Jesse Fonkert is the former President and CEO of South Dakota Trade, who resigned to spend more time with his family and explore new opportunities.
What does South Dakota Trade do?
South Dakota Trade is an organization that promotes the state’s agricultural and manufacturing industries.
Who was Jesse Fonkert’s predecessor?
Luke Lindberg was the previous President of South Dakota Trade, and now serves in the U.S. Department of Agriculture.
How might this leadership change impact South Dakota’s trade efforts in the coming months?