The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
Leadership
Sam Duncan will receive a $1.5 million annual salary, a $500,000 signing bonus, and be eligible for performance-based bonuses of up to $3 million annually.
The new CEO succeeds Kevin DiLorenzo, a 10-year Olson veteran who was appointed chief executive in 2010 to grow the agency through acquisitions.
On February 25, Cynthia Bauerly will join the Minnesota Department of Employment and Economic Development as deputy commissioner of work force development.
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On February 25, Cynthia Bauerly will join the Minnesota Department of Employment and Economic Development as deputy commissioner of work force development.
Following the sale of 877 stores to an investor group led by Cerberus Capital Management, Supervalu will replace CEO Wayne Sales with Sam Duncan, a retail veteran who most recently led OfficeMax.
Business Insider recognized Coco, which offers co-working spaces in Minneapolis and St. Paul, for its well-equipped game room, meeting rooms, and beverage and catering services.
Minnesota health care companies attracted $164.7 million in 2012, down 26.2 percent from 2011; still, the state received the second-highest funding amount among the region’s 11 states.
Minneapolis was the only U.S. city on the list and was described by the magazine as an “unexpected foodie mecca.”
David Denham, who previously served as chief growth officer at Colle+McVoy, has joined cross-town agency Space150 as chief strategy officer.
Barry Judge, who joined Best Buy in 1999 and left in May 2012, is among at least half a dozen key leaders who left the electronics retailer last year.
The departure of George “Mike” Mikan and Matthew Paull from Best Buy’s board could benefit Richard Schulze in his attempt to acquire the company.
The Prouty Project helps guide companies through the evolving realm of business leadership.
Ten years post-Twinsville, a Target Field ballpark village may finally be rising.
Ten tales of successful small businesses offer lessons learned, and inspiration.
The Minnesota High Tech Association's 2012 Tekne Awards honor the companies, products, and individuals that are driving innovation locally.
Morticians are readying for a surge in deaths as they provide new ways to say goodbye.
Say the words “tax time” and you might picture an accountant buried under an
Verso Paper, which shuttered its Sartell Paper mill following a fire that killed one worker, has reportedly paid a $39,200 fine after being cited for two violations by the Occupational Safety and Health Administration.
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