South Dakota Trade President and CEO Resigns

Jesse Fonkert steps down to focus on family and new opportunities

Mar. 25, 2026 at 4:53pm

Jesse Fonkert, the President and CEO of South Dakota Trade, has announced his resignation. Fonkert, who took over the role in May 2025, said he wants to prioritize spending time with his family and explore other opportunities.

Why it matters

South Dakota Trade is an important organization that promotes the state's agricultural and manufacturing industries. Fonkert's departure comes as the state's economy faces challenges from global trade tensions and the ongoing impacts of the pandemic.

The details

Fonkert announced his resignation on social media, stating he is leaving his position to focus on his family and explore new options. He replaced Luke Lindberg, who currently serves in the U.S. Department of Agriculture, as president in 2025.

  • Fonkert took over as president in May 2025.
  • Fonkert announced his resignation on March 25, 2026.

The players

Jesse Fonkert

The former President and CEO of South Dakota Trade, who is resigning to spend more time with his family and explore new opportunities.

Luke Lindberg

The previous President of South Dakota Trade, who now serves in the U.S. Department of Agriculture.

South Dakota Trade

An organization that promotes the state's agricultural and manufacturing industries.

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What’s next

South Dakota Trade has not announced a timeline to determine Fonkert's replacement.

The takeaway

Fonkert's resignation comes at a critical time for South Dakota's economy, as the state navigates global trade challenges and the ongoing impacts of the pandemic. His departure raises questions about the future leadership and direction of this important organization.