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Four family businesses honored with awards from Prairie Family Business Association

Four family businesses honored with awards from Prairie Family Business Association

Photo: clipart.com


SIOUX FALLS, S.D. – At the 31st Annual Family Business Conference, the Prairie Family
Business Association (PFBA) presented the following awards to four family businesses from the
Upper Midwest:

The Lifetime Achievement Award presented to the Lloyd Family:

For the first time in PFBA’s 31 year history, the association presented a Lifetime Achievement
Award. This Lifetime Achievement Award is presented to a family who has made significant and
meaningful contributions to PFBA and to the members of the association.

Craig and Pat Lloyd, founders of Lloyd Companies, were presented with this award because of
their significant contributions to family businesses and to PFBA throughout their lifetime. Second
generation of Lloyd Companies includes sisters Liz Lloyd, Christie Ernst, Mary Lloyd-Huber and
their cousin, Chris Thorkelson. Family leadership includes Craig Lloyd, Board Chair, Chris
Thorkelson serves as President & CEO and Christie Ernst serves as Executive Vice President
of Property Management.

The Lloyd All In Award presented to VIKOR Teleconstruction:

In Craig and Pat Lloyd’s honor, The Lloyd All In Award was created this year. This goes to a
family who leans all into their family business and to PFBA, just as the Lloyd Family has done.
The All In recipient is willing to learn through PFBA programs, through connecting with fellow
families and for their willingness to show up and invest in their family and their business.

The inaugural Lloyd All In Award is presented to Craig and Kristin Snyder of VIKOR
Teleconstruction in Sioux Falls. Since joining Prairie Family Business Association less than a
year ago, the Snyder Family has gone All In. They attended the Next Gen Retreat, Board
Bootcamp, have joined affinity peer groups and are investing time into the family aspect of their
business and their lives. Craig and Kristin’s four children are involved in the business as well as
Craig’s sister. VIKOR family leadership includes Craig Snyder, Founder & CEO, Jonah Snyder,
Vice President of Operations, Gabe Messler – Director of Business Intelligence & Analytics and
Ammon Snyder – Director of Fleet & Asset Manager.

The Heritage Award presented to the Hopkins Family of CorTrust Bank:

Our purpose at Prairie Family Business Association is to help family businesses thrive through
generations. By living out our purpose, each year we present the Heritage Award to a business
that is 75 years old or older.

This year’s Heritage Award is presented to the Hopkins Family of CorTrust Bank. CorTrust was
founded in 1930, and ownership and leadership includes second generation Boyd and Dody
Hopkins. Third generation includes Jack Hopkins, President & CEO, and Todd Hopkins,
CorTrust Mortgage President both based in Sioux Falls. Fourth generation leadership includes
McKinzie Hopkins, Senior Vice President, based in the Twin Cities.

The Vicki Clarke Award presented to the Steffes Family of Dickinson, North Dakota
The late Vicki Clarke was part of the County Fair Foods family business headquartered in
Mitchell, South Dakota. Clarke made a lasting impression on many, especially those within her
own family business. The Vicki Clarke Award recognizes a family business that also makes a
lasting impression on others through valuable contributions to their community, investing in the
wellbeing of their employees, pride of their business, and proven success and growth of the
business.

This year’s Vicki Clarke Award is presented to Steffes, a lean-operating original equipment
manufacturer, located in Dickinson, North Dakota. The Steffes Family includes co-founders and
second generation Paul & Laurie Steffes. Third generation owners include Suzi Sobolik, Kyle
Steffes and Katie Harrington.

The 31st Annual Family Business Conference was held in Sioux Falls on April 27 and 28. 500
people from 25 states and three countries attended the conference in-person and virtually. The
32nd Annual Family Business Conference is scheduled for April 17-18, 2024 in Sioux Falls.
The Prairie Family Business Association (PFBA), founded in 1992, is an outreach center of the
University of South Dakota Beacom School of Business. PFBA helps family businesses thrive
through generations by providing a resource network for family business success. The
Association serves more than 260 members of businesses throughout the region and nation.

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