Meanwhile, the Twin Cities ranked 23rd on Forbes list of larger metro areas.
Leadership
Uroplasty’s former chief financial officer retired after the company investigated issues regarding internal financial controls; Brett Reynolds will now take over the role.
Jeff Bolton, who has served as chief financial officer of the health system since 2002, will succeed longtime Mayo executive Shirley Weis as chief administrative officer.
18 candidates already are vying for the top job at Minneapolis city hall, with more expected to sign on before the filing deadline Tuesday.
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18 candidates already are vying for the top job at Minneapolis city hall, with more expected to sign on before the filing deadline Tuesday.
A group of Best Buy shareholders argue that false statements made by the company’s executives caused its stock to rise artificially before abruptly dropping 14 percent months later when the company lowered expectations.
The magazine named its 50 best new restaurants in the country and Uptown’s World Street Kitchen and The North Loop’s Borough both made the list.
A new report ranked 22 Minnesota colleges based on the long-term return on investment that they offer to graduates.
Tom Petters is expected to travel to Minnesota from a Leavenworth, Kansas prison in order to make his case for a lighter sentence.
A new commercial real estate report cited “lethargic” demand for office space in the Twin Cities.
Tenacious Holdings/Ergodyne, Colle+McVoy, Haberman, Quality Bicycle Products, and Renter’s Warehouse appear on the magazine’s list of top 100 workplaces.
CEO Sally Smith said the company plans to have PizzaRev open a Minneapolis location by the first quarter of next year.
The Minneapolis City Council met Thursday to discuss forming a city-owned electric utility, but the Xcel Energy CEO is confident the city won’t make the transition.
The Minneapolis-St. Paul metro area ranked 10th on a recent list of “aspirational” cities based on its economic growth, quality of life, and demographic factors.
President and Publisher Steve Fox has retired after 25 years spent leading Greenspring Media Group, and the company has been sold to a Detroit publishing company.
A look at several Duluth businesspeople.
Chris Askew now oversees Best Buy’s Geek Squad and reports to CEO Hubert Joly.
A study that took into account hours worked each week, average commutes, and median earnings found that Mankato is among the best cities for those seeking a healthy balance between work and leisure.
A former OfficeMax executive is set to replace 26-year Supervalu veteran Sherry Smith as chief financial officer, effective August 7.