Stephen Gillett, who leaves at a time when Best Buy is trying to boost its share of the online market, will serve as executive vice president and chief operating officer at Symantec—a major Best Buy vendor.
Leadership
To compile the list, 500 small metro areas across the nation were ranked based on the percentage of owner-occupied homes, the crime rate, charitable giving, and the percentage of college graduates.
Tom Horner, who co-founded PR firm Himle Horner in 1989 and later sold his stake when running for Minnesota governor, has joined forces with his daughter to launch Horner Strategies, LLC.
Diana Nelson, daughter of current Chair Marilyn Carlson Nelson, has served on the board for nearly a decade and will assume her new role in May.
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Diana Nelson, daughter of current Chair Marilyn Carlson Nelson, has served on the board for nearly a decade and will assume her new role in May.
The health care insurer, which pushed out its former chief executive in July, has appointed Michael Guyette as its next leader.
Best Buy’s stock, which had jumped Thursday on speculation that Richard Schulze was poised to make a takeover bid, returned Friday to where it had been trading previously, following news that Schulze’s deadline has been pushed back to February.
Rankings were based on percentage of residents that volunteered in 2011, which was 37 percent for the Twin Cities area and 38 percent for Minnesota.
The users of dining-reservation platform OpenTable selected The Capital Grille and Restaurant Alma as two of the top 100 U.S. restaurants.
Korn/Ferry International said it will pay between $80 million and $95 million to acquire Minneapolis-based PDI Ninth House, a provider of talent management and leadership development solutions.
Charlie Zelle, who will begin his new role on January 15, succeeds Tom Sorel, who left his post at the end of November to lead AAA Minneapolis.
Members of the Business Roundtable—which includes some CEOs who head Minnesota companies—said they support “a balanced solution to the fiscal cliff and long-term deficit and debt issues,” adding that “no options should be precluded from a potential solution.”
According to a new report from the United Health Foundation, the state’s sedentary lifestyle and diabetes rates are among the lowest in the nation, but the figures are still concerning.
Fortune magazine surveyed “elite fund managers” to pick the best stocks to invest in next year, and Minneapolis-based U.S. Bancorp and Golden Valley-based Pentair made the cut.
While working at Environmental Tillage Systems, Ronald Lea Schaeffer allegedly wrote false checks from the company to himself and used the stolen funds to build a lake house in Elysian, Minnesota, and to make payments on home equity or auto loans.
Michael Francis, who spent more than two decades at Target Corporation before leaving last year and then serving brief stints at J.C. Penney and Gap, has become DreamWorks Animation’s first-ever chief global brand officer.
Despite warnings from economists that the “fiscal cliff” could have dire consequences for the U.S. economy, more than half of those who responded to a recent poll indicated that it might be sensible to take the plunge.
U.S. Bancorp CEO Richard Davis anticipates “substantially lower” revenue growth next year, due to which the company plans to open fewer branches.
Eagan-based Prime Therapeutics and Bloomington-based The Nerdery are among 100 companies from across the country that received “Hire Power Awards.”
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