Minnesota executives proceed cautiously, awaiting the election outcome and a fiscal crisis solution.
Leadership
Minnesota ranked high among the nation’s states in terms of both average debt load carried by recent college graduates and percentage of recent grads with debt.
Friday will be Mark Phillips’ last day at DEED; Minnesota Trade Office Executive Director Katie Clark has been appointed to succeed him in the position.
A company spokesman reportedly said that Northern Oil and Gas let go of James Sankovitz because it no longer needs a chief operating officer.
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A company spokesman reportedly said that Northern Oil and Gas let go of James Sankovitz because it no longer needs a chief operating officer.
University of Minnesota Duluth alumnus Brian Kobilka and Robert Lefkowitz of Duke University will share the award for their research on protein receptors, which help the body sense and respond to outside signals.
Small businesses owners in the state who responded to a recent survey said that the economy and jobs are the most critical issues in the upcoming presidential election, while ethics, honesty, and corruption in government are also important when selecting a candidate.
Weber succeeds Scott Christian, who abruptly resigned in June after about a year on the job; the leadership transition comes at a time when XRS is shifting away from onboard fleet-management systems and toward the use of mobile devices.
Jim Muehlbauer, who joined Best Buy a decade ago, will depart the company by the conclusion of its fiscal year; meanwhile, founder Richard Schulze is reportedly making progress toward a buyout bid.
John Hinz, who helped lead Buffalo Wild Wings’ marketing for nearly 14 years, was named chief marketing officer at Green Mill.
New business filings for the first three quarters of 2012 totaled 47,069, compared to 39,977 for the same period in 2011.
Famous Dave’s has elected one of its board members to serve as CEO and shifted its current chief executive into the role of president and chief operating officer.
The company said that it has entered into an amended employment agreement with CEO and President Joel Waller, who has agreed to continue in those roles until March 31.
General Mills ranked 47th and Target ranked 78th on Forbes’ list, which based its rankings on a combination of each brand’s value and perception among consumers.
Scott Durchslag will lead Best Buy’s website and e-commerce initiatives as the company attempts to turn itself around and its founder works on a private takeover attempt.
According to new data, Wells Fargo holds 43 percent of bank deposits in Minnesota—up from its 30.5 percent share last year and nearly double the 22.5 percent share held by local competitor U.S. Bank.
Additional company executives made appearances on American Banker magazine’s 25 “women to watch” ranking and its list of top banking teams.
In a survey in which 10,554 diners weighed in on everything from their favorite burger and fries to salad and fast-food chain, Caribou Coffee and Buffalo Wild Wings were among the local chains that did well.
The company said that Ryan Gilbertson resigned from his position at the oil extraction and production company he cofounded to pursue other business and charitable activities.
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