Chief Administrative Officer Walter White will become the company's new president and CEO on January 1; he succeeds Gary C. Bhojwani, who was promoted to chairman of Allianz Life and will assume responsibility for its U.S. insurance operations on the executive leadership team of its global parent company.
Leadership
The struggling retailer has hired a new president for a one-year term, and disappointing third-quarter results have led it to suspend its dividend.
Company Chairman and CEO Robert L. Senkler said that preparing internal candidates to take on greater responsibility is part of the company's culture-and Christopher Hilger's transition to president has been in the works for the past few years.
Rafael Alvarez, founder and CEO of Genesys Works, was recognized for his business' social entrepreneurship. The nonprofit operates a program in St. Paul and has partnered with a long list of local businesses.
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Rafael Alvarez, founder and CEO of Genesys Works, was recognized for his business' social entrepreneurship. The nonprofit operates a program in St. Paul and has partnered with a long list of local businesses.
The trustee handling Denny Hecker's bankruptcy case is reportedly on the hunt for more hidden assets. Hecker's wife, meanwhile, has been released from prison and is in some form of supervised custody.
Google Chairman Erik Schmidt on Wednesday praised the Twin Cities' culture of entrepreneurship as he toured "co-working" firm CoCo.
The December issue of Twin Cities Business features 200 notable Minnesotans-and the full list is now available online and on selected newsstands.
Casey Carl will oversee Target's digital efforts, including its new Web site, which has crashed several times since its launch.
A twice-yearly survey by the University of St. Thomas Opus College of Business indicates that local real estate professionals are less confident about the near future of the commercial real estate industry than they were just six months ago.
The Minnesota Chamber’s Grow Minnesota and
Business Connection programs offer a private-sector
approach to economic development.
A local company believes that the market can support a new crutch design.
Need space to innovate? W.lab’s whiteboard walls are
designed to let your business make its mark.
The Missoni commercial’s postproduction work was performed entirely in Minneapolis.
From rising stars and agents of change to industry titans, creative geniuses, sports leaders, and celebrities, meet the people to know about and, if possible, get to know.
Jon Jason Greco received a 10-month prison sentence for lying to federal investigators about money and valuable goods tied to Trevor Cook's multimillion-dollar Ponzi scheme.
Plymouth-based BioAmber, Inc., on Monday filed for an initial public offering; meanwhile, Bluestem Brands, which in April filed for an initial public offering, could reportedly go public as early as this week.
James Fry and Michelle Palm-two local hedge fund managers who already faced criminal charges related to their alleged involvement in Tom Petters' multibillion-dollar Ponzi scheme-now face charges in a civil complaint filed by federal regulators.
Richard Davis told local business leaders at the Minnesota Chamber of Commerce's annual meeting that while an economic recovery may take time, businesses should be focusing on and investing in their own operations.