Reporter | Business, Research

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


Winnebago buying lithium-ion battery maker as it continues push into electric vehicles

Terms of the deal were not disclosed but sale is expected to be finalized by end of May.


Polaris launches new online marketplace for powersports vehicles

Polaris Xchange helps consumers through the sale process, with its dealers involved.


Ecolab contributes $10M to effort to provide clean water for 5 million people

Ecolab and other companies have contributed to a $140 million fund run by WaterEquity, whose co-founder is Matt Damon.


3M CEO's compensation sinks 21%

Mike Roman has faced criticism from a major 3M investor, and the say-for-pay vote dipped below 90% for the first time.


Inspire Medical CEO's compensation up as the company continues to grow

Timothy Herbert, CEO of Inspire Medical, saw his value of his equity awards jump at the fast growing company.


Pay for Ecolab's CEO declined 73% in 2022

Ecolab's stock sank 37% in 2022 limiting long-term equity gains for executives.


Ameriprise CEO's pay was down 17% last year to $54.2 million

Realized long-term equity awards, some 10 years old, fueled Jim Cracchiolo's pay once again.


Stratasys rejects a $1.2 billion takeover bid

The board was unanimous in rejecting the bid from Nano Dimension.


Winnebago CEO confident increased interest in outdoor activities will continue

Although second quarter income fell, it was expected, and CEO Mike Happe said the Eden Prairie-based company can withstand what could be a challenging next few quarters.


Polaris sues former employee, accusing him of stealing ideas for snow bikes

The suit involves kits that allow people to convert a dirt bike to ride on snow.