Patrick Kennedy | Star Tribune
Reporter | Business, Research

Business reporter Patrick Kennedy covers executive compensation and public companies. He has reported on the Minnesota business community for more than 20 years.

Kennedy also has written about nonprofit organizations and mergers and acquisition activity.


After a slow start, Ameriprise ends Q1 with solid numbers

The rocky stock markets affected client volume and growth of funds.


Minneapolis-based Sleep Number stock price takes a dive

The drop came a day after the company reported quarterly revenue that was slightly below expectations.


H.B. Fuller says it put tax cut to work for employees' health insurance

St. Paul company pays its workers for part or all of their health premiums.


Winona-based Fastenal continues 2018 upward roll into this year

On-site sales still drive the industrial supply distributor's growth.


Tennant benefits from nationwide push to upgrade Walmart stores with new technology

Giant retailer buying hundreds of autonomous cleaning machines.


CEO Paywatch: Archie Black, SPS Commerce Inc.

Black and other executives at Minneapolis-based SPS Commerce earned the maximum annual cash incentive award for the year.


Ameriprise sells auto and home insurance business for $1.05 billion

Mpls. firm is reshaping itself, selling its home and auto insurance arm to American Family.


CEO Pay Watch: Benjamin Fowke III of Xcel Energy Inc.

Most of Fowke's compensation, $22 million worth, came from previously issued restricted stock awards.


In first year as CEO, 3M's Michael Roman got $5.2 million

Michael Roman, 3M Co. CEO Total compensation: $5,195,051 for the year ended December 31, 2018 Salary: $1,049,976 Non-equity incentive pay: $1,431,503 Other compensation: $141,771…


Augeo adds option for people to use reward points for charitable donations

St. Paul-based Augeo is partnering with a global nonprofit organization to take employee loyalty and reward points and turn them into charitable donations. Many companies…