Dale Kurschner has been named Twin Cities Business' new editor and will replace longtime editor Jay Novak.

Novak, whose last day is September 15, is also publisher of Twin Cities Business (TCB), which is owned by Minneapolis-based MSP Communications. Shelly Elmore, who joined TCB in 2001 and has served as associate publisher since 2007, has been selected as the magazine's new publisher, effective October 1; prior to joining TCB, she spent nine years working for the Minnesota Orchestra.

Kurschner will assume his new position at TCB later this month. His previous positions include senior director of corporate communications at UnitedHealth subsidiary OptumHealth in Golden Valley and manager of employee communications at St. Paul-based Lawson Software.

He also previously served as president and publisher of Minneapolis-based Profits Journal, which is no longer around, and has been a correspondent, editor, and contributor for publications and news services that include BusinessWeek, Reuters, Dow Jones, Corporate Report, and The Reader.

In addition, Kurschner was editor at Business Ethics magazine in New York, managing editor and reporter at the Minneapolis-St. Paul Business Journal, and a reporter at the Milwaukee Business Journal and the Wausau Daily Herald in Wisconsin.

Novak was the founding editor of TCB from 1993 through 1995. After serving as Minnesota's commissioner of economic development and senior vice president of Minneapolis-based investment banking company Miller Johnson Steichen Kinnard, Novak returned to the magazine as both editor and publisher in February 2001.

Although Novak is retiring from publishing, he will still be active in Minnesota's business community and at TCB. In addition to writing a monthly column for the magazine, he'll spend his days working with a local hedge fund, helping a for-profit effort to build schools in India, and serving on the boards of about half a dozen local nonprofits.