Leadership

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Best Buy Selects Spencer Stuart to Lead CEO Search

The electronics giant also revealed its compensation package for interim CEO G. “Mike” Mikan, who will be considered for the permanent CEO spot; the package includes an annual base salary of $1.1 million—and a $2.2 million payment that he’ll receive in lieu of participating in Best Buy’s short-term incentive plan.

TCB Survey: 55% Say Schulze’s Actions Didn’t Merit His Exit

Some experts have praised Best Buy’s handling of the recent scandal involving its former CEO, while others have said the company didn’t go far enough. Many respondents to a Twin Cities Business survey, meanwhile, said that the actions of company’s chairman didn’t merit him exiting his position.

Accretive Health Denies Allegations in Letter to Franken

In response to a series of questions posed by U.S. Senator Al Franken, Accretive Health released a 29-page report that denies allegations that it violated privacy laws and used overly aggressive tactics to obtain payments from patients of Minneapolis-based Fairview Health Services.
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