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.


Polaris makes posts permanent for interim CEO, CFO

Mike Speetzen has been serving as interim CEO of Polaris since January. Now his post is permanent.


Recovery is more visible as 1Q results at Minnesota companies emerge

Turnaround is broad-based, extends beyond shock drops of year-ago period.


Eden Prairie's C.H. Robinson posts one of its best quarters in five years

C.H. Robinson's first quarter earning per share rose 125% as results bettered each of the previous five first quarters.


UnitedHealth former CEO David Wichmann earned $42.1M in his last year

The company also paid current CEO Andrew Witty a $550K bonus before he went on unpaid leave at WHO.


3-D printer maker Stratasys sees needed growth helped by new products

With the industry moving toward full 3-D production instead of just prototypes, Stratasys is ready.


Target CEO Cornell's compensation soars to $77.5 million

Brian Cornell's pay was linked to the retailer's record performance in 2020 and was aided by long-term equity awards.


Yardstik, formed amid pandemic, helps companies manage the gig economy

The startup, launched as the lockdown began, has grown to 22 employees, and plans to double that


Big business in Minnesota draws a line at Biden's proposed tax hike

Washington – Corporate tax cuts have been kind to Minnesota's biggest companies. In fact, many of the state's multi­billion-dollar, multinational corporations had lower effective tax…


Minnesota has two more public companies

SkyWater Technology is trading on the Nasdaq market, and Agiliti on NYSE.


Demand for pools helps lift Pentair's first quarter results

The company beat expectations with across-the-board increases led by the consumer segment.