South Dakota Trade CEO Jesse Fonkert Resigns
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 new opportunities as the reason for his departure. KELOLAND.com and Sioux Falls Today reported on the announcement.
Background
Fonkert announced his resignation via social media, according to reports. He succeeded Luke Lindberg, who now serves in the U.S. Department of Agriculture, as the head of South Dakota Trade in May 2025. Sioux Falls Today
Significance of the Resignation
South Dakota Trade plays a crucial role in promoting the state’s agricultural and manufacturing sectors. Fonkert’s resignation occurs during a period of economic challenges for South Dakota, including global trade tensions and the continuing effects of the pandemic. Sioux Falls Today
Fonkert’s Accomplishments
In a LinkedIn post, Fonkert highlighted accomplishments during his tenure, including strengthening the organization’s infrastructure, leading trade missions, expanding diplomatic relationships, and supporting South Dakota businesses in the global market.
What’s Next for South Dakota Trade
As of March 25, 2026, South Dakota Trade has not announced a timeline for selecting Fonkert’s replacement. Sioux Falls Today
Key Takeaways
- Jesse Fonkert resigned as President and CEO of South Dakota Trade on March 25, 2026.
- He assumed the role in May 2025, succeeding Luke Lindberg.
- Fonkert cited family priorities and the pursuit of new opportunities as reasons for his departure.
- The resignation comes at a challenging time for South Dakota’s economy.
- South Dakota Trade has not yet announced a plan to find a replacement.