Analysts have cited signs of a strengthening Best Buy, and their improved ratings helped the company continue its 2013 stock climb.
Tag: Leadership
Why Polaris, Donaldson, ProtoLabs, and Northern Oil & Gas are worth watching.
The University of St. Thomas board of trustees elected Julie Sullivan as the successor to Dennis Dease, who will retire June 30 after 22 years as president of the university.
Lawyers for Subramanian Krishnan and the U.S. Securities and Exchange Commission reached a “tentative settlement,” which must be approved by the SEC in Washington, D.C., a process that can take several months, before being sent to a judge for approval.
A proposed expansion of taxes to business services could cause some local businesses to cut jobs or relocate; meanwhile, a Wisconsin lawmaker is trying to lure disgruntled companies across the border.
Coca-Cola’s chief executive has been elected to 3M’s board of directors; meanwhile, 3M’s CEO said the company’s new dividend and share repurchase program reflect “confidence in 3M’s future.”
Struggling Supervalu, which recently struck a deal to sell several of its brands, said that its new CEO will start immediately rather than assuming his post after the close of the sale, as was previously planned.
Greg Fluet, who has served as interim CEO since November, takes the helm at a time when the company’s stock is struggling to meet Nasdaq’s minimum bid price requirements.
Wayne Sales will receive nearly $13 million when he is replaced as Supervalu CEO; regulatory filings show that other executives will also be entitled to millions of dollars if they are terminated following an impending change of control at the company.
Target Corporation’s Dustee Tucker Jenkins and Caribou Coffee Company’s Michele Vig were recognized alongside 38 other young marketing leaders across the nation.
The Minnesota Chamber of Commerce contends that portions of Mark Dayton’s proposed tax reform will have a negative effect on the state’s business climate; some city officials, meanwhile, praised the governor’s investment in local government aid.
The Business Roundtable, which counts among its members CEOs who head Minnesota companies, is calling for a gradual increase in both the Social Security retirement age and the Medicare eligibility age.
The nominee, B. Todd Jones, has been acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, where Jones has been acting director since September 2011.
The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
Sam Duncan will receive a $1.5 million annual salary, a $500,000 signing bonus, and be eligible for performance-based bonuses of up to $3 million annually.
The new CEO succeeds Kevin DiLorenzo, a 10-year Olson veteran who was appointed chief executive in 2010 to grow the agency through acquisitions.
On February 25, Cynthia Bauerly will join the Minnesota Department of Employment and Economic Development as deputy commissioner of work force development.
Following the sale of 877 stores to an investor group led by Cerberus Capital Management, Supervalu will replace CEO Wayne Sales with Sam Duncan, a retail veteran who most recently led OfficeMax.