Midco CEO Pat McAdaragh to Retire in March 2027
Current President and COO Ben Dold will succeed McAdaragh as the company leader on March 1, 2027.
Updated on Oct. 27, 2026 in People
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Midco CEO Pat McAdaragh will officially retire from his position on March 1, 2027, following a 46-year career with the company. Ben Dold, the current President and COO, is set to step into the role of president and CEO.
Why it matters
The leadership change marks a significant transition for the Sioux Falls-based company as it moves from the tenure of a long-standing executive to new management. McAdaragh will continue his involvement in the industry by serving as Chair and President of Midcontinent Media, Inc.
Pat McAdaragh concludes a 46-year tenure at Midco that began in 1981. He remains the company CEO through February 28, 2027.
The players
Pat McAdaragh
He is the long-time CEO of Midco who joined the organization in 1981.
Ben Dold
He currently serves as the President and COO of Midco and will succeed the outgoing CEO.
Midco
This is a telecommunications company headquartered in Sioux Falls, South Dakota.
Midcontinent Media, Inc.
This is an entity where Pat McAdaragh will continue to serve as Chair and President.
The details
McAdaragh and Dold will work together leading up to the transition date to ensure a smooth handoff of executive responsibilities. While stepping down as Midco CEO, McAdaragh maintains his leadership capacity at Midcontinent Media, Inc.
Timeline
Pat McAdaragh joined Midco in 1981.
McAdaragh serves as CEO through February 28, 2027.
The official retirement date for the current CEO is March 1, 2027.
Market Landscape
The transition represents a shift in corporate leadership at Midco following the 1981 hiring of Pat McAdaragh. This change realigns the company executive structure as it positions itself for future operations under new management.
Customers can expect a planned leadership transition process as the company prepares for the change in the executive office. The shift in leadership is internal and aimed at maintaining company stability through the retirement date.
The takeaway
Long-term organizational stability often relies on structured transition periods between veteran leaders and their successors. Stakeholders should monitor company communications in the coming months for any updates on the strategic direction under new leadership.
What happens next
Pat McAdaragh will officially retire as CEO on March 1, 2027, at which point Ben Dold will assume the role of president and CEO.
Further reading
For more on local leadership changes, visit the People section.
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