Tornier Chief Operating Officer David Mowry has been named interim CEO, replacing Douglas Kohrs, who has led the company since 2006.
Leadership
Best Buy, which has been restructuring its leadership team under CEO Hubert Joly, said that former Williams-Sonoma Chief Financial Officer Sharon McCollam will succeed outgoing CFO James Muehlbauer.
The team’s new local owner reportedly ensures that it will remain in Minnesota.
Local companies have pledged monetary support to the American Red Cross and other charities, but they have also offered other types of aid, including truckloads of food, paid vacation to employees dedicated to providing relief, and matching employee contributions; total donations exceed $1.25 million in value.
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Local companies have pledged monetary support to the American Red Cross and other charities, but they have also offered other types of aid, including truckloads of food, paid vacation to employees dedicated to providing relief, and matching employee contributions; total donations exceed $1.25 million in value.
Lori Walker has been with the paint and coatings manufacturer for 12 years and assumed her current position in 2008.
Hundreds of lawyers and poll watchers are reportedly stationed throughout the state this election day; meanwhile, some voters have encountered long lines, and the state’s business leaders await the outcome of the election and its impact on their companies.
The company revealed in regulatory filings that Thomas Oland disagreed with its board’s decision to consider external candidates while searching for the next CEO.
Joel Ronning said he is “at a point where I want to spend more time with my family and pursuing other interests”; shortly after announcing his resignation, the company reported a third-quarter loss on lower revenues.
Governor Mark Dayton has appointed Bernie Arseneau, the agency’s current deputy commissioner and chief engineer, to serve as acting commissioner.
An annual study found that the companies that are seen as the world’s top innovators—including 3M—are not necessarily those that spend the most money on research and development.
The company said that Kris Tufto, who has served as interim president and CEO since August, will assume those positions on a permanent basis; meanwhile, third-quarter financial results suggest that the struggling company may be turning itself around.
Graves 601 Hotel Wyndham Grand and The Saint Paul Hotel ranked eighth and ninth, respectively, on Condé Nast Traveler’s list, which was compiled based on reader ratings.
According to an annual survey by Deloitte, local consumers plan to boost their spending on gifts by about 3 percent but decrease their overall holiday budgets by the same percentage; the majority of Twin Citians also expect the economy to improve in 2013.
Mark Phillips, who became DEED commissioner in January 2011, said he was “a good fit for a good part of the DEED work” but didn’t enjoy the administrative part of his role; he plans to retire in about five years and wanted to end his career in the private sector.
LuAnn Via, who has overseen retail brands including Payless ShoeSource, Lane Bryant, and Cacique, will attempt to return Christopher & Banks to profitability.
In an attempt to become more nimble, Best Buy has opted to eliminate a layer of top management in its U.S. operations as the company continues to face declining sales.
The medical device giant said that the letter contained “11 observations” about its manufacturing plant in Sylmar, California; St. Jude vowed to respond to the FDA by November 7 and said it “has initiated efforts and redirected resources to address the FDA’s observations.”
Most local systems applaud
the recent rankings, although each is quick to identify
shortcomings.
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