Employees and commissioners have helped the county save approximately $4.4 million in the past two years through voluntary unpaid leaves and returned pay.
Tag: Leadership
Pat Murray, son of the restaurant’s founders, died Monday at his home in Lake Elmo.
Glen Taylor has reportedly found a successor who could soon buy a stake in the Timberwolves and eventually become majority owner, although Taylor plans to maintain a stake in the team for several years.
Jennifer Ford Reedy, who currently serves as chief of staff and vice president of strategy for Minnesota Philanthropy Partners, will assume the new position on September 4.
Florness is known for his tight expense and inventory control measures, according to The Wall Street Journal.
Teresa McFarland’s new firm, McFarland Communications, will offer many of the same traditional PR services as McFarland Cahill Communications, but it will increase its focus on content creation for digital platforms.
Former CEO Brad Anderson and former President and Chief Operating Officer Al Lenzmeier are reportedly among those Richard Schulze is recruiting for his executive team as he attempts a private takeover.
Following disappointing quarterly financial results and amid a review of “strategic alternatives,” including a possible sale, Supervalu has dismissed its CEO.
Greenlight Capital told investors that Best Buy is “trying to come up with a strategy” following the departures of CEO Brian Dunn and Chairman Richard Schulze, which could lead to additional “business disruption.”
Don Delves, who worked with Best Buy’s compensation committee for seven years, reportedly quit after the retailer awarded retention bonuses not tied to performance to more than 100 managers.
The supermarket chain’s board of directors has approved issuing non-qualified stock options and retention agreements to CEO Craig Herkert, Chief Financial Officer Sherry Smith, and Executive Vice Presidents Janel Haugarth and Andrew Herring; the options and retention payments vest over time.
The annual Midwest U.S.-Japan Association Conference will bring together business representatives from the Midwest and Japan, as well as government officials, to explore strategies for enhancing business relationships.
Thomson Reuters, which employs roughly 7,000 people in Minnesota, said that the proposed amendment would limit its ability to attract top talent; separately, a group of local law firm leaders said that the marriage amendment “endangers our business climate.”
Daniel Hanrahan will join Regis on August 6; the hair salon chain has been without a permanent leader since February.
A new report released by The Itasca Project outlined several strategies for building such collaboration, including aligning academic offerings with work force needs and regional businesses partnering with colleges and universities to co-create research and innovation agendas.
Eric Bakken already serves as chief operating officer, executive vice president, general counsel, and business development officer.
With Target’s stock up about 130 percent since 2009, five executives—including CEO Gregg Steinhafel—reaped millions by selling shares.
The company says the cash and stock awards are “necessary to enable a stable CEO transition and appropriate continuity of leadership”; Best Buy’s founder, meanwhile, is reportedly attempting to take the company private.