FOUNDER AND CHAIRMAN, EDGEWOOD GROUP OF COMPANIES

Grand Forks, N.D. • Phil Gisi was raised on a farm near New Rockford, North Dakota, and is a graduate of the University of North Dakota with a Bachelor of Science in business administration and accounting.

He first served as the CFO for an oil field service and construction company from 1982-1985 in Dickinson, North Dakota. From 1986-1996, Gisi served as the vice president/CFO and president/CEO for St. Joseph’s/UniMed Medical Center, a 200-bed regional hospital in Minot, North Dakota.

Gisi, an entrepreneur, real estate developer and innovator, is a founder and chairman/CEO of the Edgewood Group of Companies which spans the upper Midwest. Edgewood Healthcare is a vertically integrated assisted living and health care services company with 64 senior housing facilities and over 4,100 beds in Idaho, Minnesota, Montana, Nebraska, North Dakota, South Dakota and Wyoming. Over the past 30 years, Edgewood has grown into the largest privately held senior housing and home-based health care provider in the upper Midwest.

Gisi’s other merits include co-founder and board member of Edgewood Real Estate Investment Trust, a $2 billion private REIT

PRESIDENT AND CEO, MAGNUM COMPANIES

Fargo, N.D. • Wayne Gadberry created a company that specialized in hauling farm products across North Dakota and built it into a national, world-class multi-million-dollar logistics company with a network of terminals throughout 10 states.

Gadberry started the first truckload company under the name Gadberry, Inc., in 1978. He and two other local farmers then created Magnum, Ltd. as a trucking outfit in 1981 in Fargo, North Dakota. Over time, Gadberry and two associates realized more people wanted to be served other than farmers, and so they created Magnum LTL in 1990 to serve less-than-load (LTL) customers.

Subsequent divisions of Magnum were opened, including Magnum Logistics Inc. to serve as a logistics and brokerage company, and Magnum Warehousing to provide inventory organization and logistics functions.

In a bold move, Gadberry’s company expanded in 2008 to create another entity, Magnum Dedicated, while other companies were cutting back. This sub-division was created to handle the consumer market that wants quick freight delivery.

Today, Magnum Trucking companies are the pioneers in the transport and logistics industry.

Magnum has more than 1,500 employees, nearly 700 drivers and operates 31 terminals/offices in 10 Midwest states under Gadberry’s leadership. The veteran-owned company focuses on sustainability for the environment and community. Magnum has also completed two acquisitions of trucking companies in the last two years.

Gadberry says part of the secret to his success is letting people take on responsibility for their position and to not micromanage them. Employees have opportunities to expand their knowledge

CONTINUED FROM PAGE 23 with real estate holdings in 14 states, and he’s the founder and chairman/CEO of Senior Healthcare Innovation Consortium Inc., a nonprofit education and scientific research company dedicated to enhancing the quality, safety and cost effectiveness of homebased health care services provided to seniors. base and move up in the organization.

He has served as a board member for a number of organizations over his career, including INREIT Properties (now Sterling Multifamily Trust), East Grand Forks Chamber of Commerce, and the Alumni Advisory Council of the UND College of Business and Public Administration. Gisi served as a community board member and secretary of Altru Health System of Grand Forks from 2009-2020, and as a board member of the UND Alumni Association Foundation from 2009-2021.

Gisi continues to be active on local boards, including as board adviser for Red Trail Energy LLC, and ethanol plant located in Richardton, North Dakota, board member and chair for the UND Center for Innovation Foundation in Grand Forks, and adviser to the Dakota Venture Group, a UND student-run venture capital company.

Gisi and his wife, Patricia, have two children and reside in Grand Forks.

This profile was compiled by Prairie Business staff, based on nomination forms and biographical information provided by the winner’s company.

“It’s establishing what’s expected and helping them to be successful,” Gadberry said.

He also credits Magnum employees and the company’s dedicated, expanding customer base for the company’s success year after year.

“We provide a service that others can’t or aren’t willing to provide,” Gadbery said. “We provide innovative solutions for them.”