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.


Like much of corporate life, Donaldson's annual patent awards go virtual

One engineer/product manager was recognized for 578 patents over his 42-year career there.


C.H. Robinson takes aim at fast-growing ranks of newbie shippers

The Eden Prairie logistics giant rolls out new features to help companies cope with surge in demand for delivery.


Among Minnesota's top paid public company CEOs, two are people of color; four are women

Diversity in top ranks has grown just incrementally.


These 50 Minnesota CEOs were highest paid last year – with No. 1 hitting $52.1M

The Star Tribune's 29th annual report of top Minnesota executives saw this year's list combine for $378 million in total compensation, slightly less than the prior year.


Toro pays tribute to former CEO Melrose with gift to St. Thomas business school

Endowment to rename ethics center at business school after Kendrick Melrose.


Tennant earnings beat expectations despite 29% sales decline

The manufacturer said revenue appears to be recovering from a dramatic drop early in the second quarter.


Polaris recovering from shutdown with 'unprecedented' demand for off-road vehicles

Dealership closures led to big losses, but company said it has good inventory for rest of year.


Minneapolis IT company raises $468M from its IPO, a record for Minnesota

The Minneapolis company helps businesses and schools manage Apple devices.


Former Crown Bank CEO pleads guilty to using bank funds for personal use

Peter Dahl also pleaded guilty to a count of falsifying an income tax return.


New Minnesota $15M investment fund to help 'bridge' financial gap for startups

Venture capitalist's initiative assists in a firm's maturation.