Leaders of Infinite Campus, Proto Labs, Tornier, and TCF Financial Corporation were recognized as winners for the Upper Midwest region and will now compete at a national awards event.
Tag: Leadership
J.C. Penney—which has been wrestling with customer and sales declines—provided no reason for the abrupt departure of Michael Francis, who joined the company in October.
After his retirement, Al Annexstad—who also served as CEO for 10 years—will continue to serve as a member of the company’s board of directors.
Richard Schulze said Thursday that he would immediately step down from Best Buy’s board and is looking at options for the fifth of the company that he owns; he was scheduled to step down as chairman on June 21 and serve out the remainder of his director term, which goes through June 2013.
Leadership changes announced Wednesday come on the heels of former Chief Operating Officer Shelly Ibach’s June 1 transition to president and CEO.
Former M&I Bank executive Jeanne Crain will serve as president and CEO of the Twin Cities region beginning June 18.
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.
Robert Bruininks, past president of the University of Minnesota, earned $747,955 in compensation for the 2011 fiscal year.
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.
Best Buy Company, Inc., has expanded its investigation of alleged misconduct by former CEO Brian Dunn-and it's exploring whether some of the company's top executives improperly withheld information from its
Inge Thulin, who in February took the reins as chief executive of Maplewood-based 3M Company, has now added another chairman. The transition took place on Tuesday at 3M's annual shareholder