Patrick Kennedy
Reporter
Business, ResearchKennedy also has written about nonprofit organizations and mergers and acquisition activity.
Latest from Patrick Kennedy
In a transition year, 3M’s retired CEO and new chief both made more than $7M
Retired CEO Mike Roman made $7.4 million and new CEO Bill Brown $7.5 million in 2024
March 28, 2025
Solventum CEO made $14.8M in first year of 3M spinoff
Bryan Hanson became CEO of the health care company in September 2023, ahead of the April 2024 split from 3M.
March 27, 2025
Minnesota’s largest employer is Mayo Clinic, with 56,999 workers. See who else makes the list.
Health care entities make up more than half of employers in the state, with more than 10,000 workers.
March 27, 2025
Ameriprise CEO earns more than $50M for fifth year in a row
James Cracchiolo realized $56.1 million in total compensation for 2024 between stock rewards, salary and bonuses.
March 24, 2025
Despite volatility, Minnesota investment pros still think stock markets will grow this year
President Donald Trump’s quick pace of change causing “nauseous optimism.”
March 20, 2025
Sleep Number investor withdraws board nominees, averting potential power struggle
Stadium Capital, the largest shareholder, had been pushing for management and board changes at Minneapolis-based smart-bed maker.
March 14, 2025
U.S. Bancorp’s CEO pay increased 14% in 2024
Andrew Cecere realized $15.9 million in total compensation for 2024.
March 11, 2025
nVent, with offices in St. Louis Park, to spend nearly $1B to grow key business
nVent Electric continues to capitalize on the trend of electrifying building and manufacturing operations and the growth of data centers
March 10, 2025
Despite volatility, Minnesota investment pros still think stock markets will grow this year
President Donald Trump’s quick pace of change causing “nauseous optimism.”
March 20, 2025
Sleep Number investor withdraws board nominees, averting potential power struggle
Stadium Capital, the largest shareholder, had been pushing for management and board changes at Minneapolis-based smart-bed maker.
March 14, 2025
U.S. Bancorp’s CEO pay increased 14% in 2024
Andrew Cecere realized $15.9 million in total compensation for 2024.
March 11, 2025
nVent, with offices in St. Louis Park, to spend nearly $1B to grow key business
nVent Electric continues to capitalize on the trend of electrifying building and manufacturing operations and the growth of data centers
March 10, 2025