Former M&I Bank executive Jeanne Crain will serve as president and CEO of the Twin Cities region beginning June 18.
Leadership
Fifty local business leaders will accompany Governor Mark Dayton on his June trade mission to China, which is Minnesota’s second-largest export market.
The Wayzata resident was an influential figure in Minnesota’s health-care sector and is known for transforming Fairview from a single hospital to a multi-hospital system.
Matthew Furman replaces Paula Prahl, who left Best Buy in December to join Maple Grove-based Data Recognition Corporation.
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Matthew Furman replaces Paula Prahl, who left Best Buy in December to join Maple Grove-based Data Recognition Corporation.
The value of the U.S. Bancorp brand increased 9 percent from last year, while Target’s brand value declined 16 percent, according to a recent report.
Target, Mayo Clinic, General Mills, Best Buy, 3M, Ecolab, and Cargill are among the nation’s “ideal employers,” according to college students looking to join the U.S. work force.
On Sunday, the Minneapolis-based retailer began selling T-shirts with gay-friendly themes online—and it has pledged to donate the full purchase price of each one, up to $120,000, to the Family Equality Council.
Robert Bruininks, past president of the University of Minnesota, earned $747,955 in compensation for the 2011 fiscal year.
Kimberly Michele Burkett, former director of the Long Prairie Chamber of Commerce, reportedly faces two theft charges in connection with the allegations.
Fairview’s chief executive Mark Eustis will retire on July 31 when his five-year contract expires, and Chairman Chuck Mooty will take the reins as interim CEO.
Bahram Akradi, Douglas Baker Jr., Richard Davis, Curtis Sampson, and Sally Smith join 67 other business leaders who were previously inducted.
Ryan Robinson, chief financial officer of Best Buy’s U.S. operations, is the latest top-ranking official to leave the company, which on Tuesday reported better-than-expected first-quarter revenue and adjusted earnings.
Jamie Rice is the latest appointment to the Eagan-based insurer’s executive team, which has recently seen a series of departures.
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.
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.
Chino Latino, Fogo de Chao, La Belle Vie, and The Oceanaire Seafood Room are the four local restaurants that made the cut.
The findings of a probe into Medtronic's marketing of its Infuse bone-graft product weren't released, but Medtronic said it is pleased that the investigation is closed.
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.