 
 
 
 
 
 
|
| Executive |
Company |
2016 Rank |
2016 total comp. |
2015 Rank |
2015 total comp. |
1-year percent change |
1-year percent stock change |
|
|
Scott Anderson |
Patterson Cos. Inc. |
27 |
4,090,178 |
39 |
2,258,990 |
81.1 |
-5.8 |
 | Title(s): |
Ch, P, CEO |
 |
2016 Revenue: |
$5,601,865,000 |
| 2016 Base Salary: |
$770,477 |
1-year % change: |
12.8% |
| 1-year % change: |
24.4% |
2016 Profit: |
$178,051,000 |
| Bonus: |
$826,160 |
Stock Symbol: |
PDCO |
| Miscellaneous: |
$46,872 |
Headquarters: |
Mendota Heights |
| Stock gains: |
|
Company
Description: |
Distributes supplies and equipment to dental and animal health markets. |
| Shares Vesting: |
$2,446,669 |
|
|
|
Todd Austin |
MGC Diagnostics Corp. |
64 |
364,970 |
74 |
396,328 |
-7.9 |
|
 | Title(s): |
CEO |
 |
2016 Revenue: |
$40,040,000 |
| 2016 Base Salary: |
$300,000 |
1-year % change: |
6.9% |
| 1-year % change: |
0.0% |
2016 Profit: |
$-3,774,000 |
| Bonus: |
|
Stock Symbol: |
ANGN |
| Miscellaneous: |
$64,970 |
Headquarters: |
Vadnais Heights |
| Stock gains: |
|
Company
Description: |
Parent company of Medical Graphics Corp. and MediSoft S.A., which make noninvasive cardiopulmonary diagnostic systems and related software. |
| Shares Vesting: |
|
|
|
|
Daniel Baker |
NVE Corp. |
68 |
337,386 |
68 |
501,118 |
-32.7 |
-12.1 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$27,574,000 |
| 2016 Base Salary: |
$284,013 |
1-year % change: |
-5.5% |
| 1-year % change: |
2.0% |
2016 Profit: |
$12,522,000 |
| Bonus: |
$40,869 |
Stock Symbol: |
NVEC |
| Miscellaneous: |
$12,504 |
Headquarters: |
Eden Prairie |
| Stock gains: |
|
Company
Description: |
Developing "spintronics" nanotechnology |
| Shares Vesting: |
|
|
|
|
Douglas Baker |
Ecolab Inc. |
5 |
25,315,464 |
3 |
23,772,803 |
6.5 |
3.8 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$13,152,800,000 |
| 2016 Base Salary: |
$1,187,500 |
1-year % change: |
-2.9% |
| 1-year % change: |
4.1% |
2016 Profit: |
$1,229,600,000 |
| Bonus: |
$1,699,100 |
Stock Symbol: |
ECL |
| Miscellaneous: |
$193,386 |
Headquarters: |
St. Paul |
| Stock gains: |
$18,350,338 |
Company
Description: |
Provides water, hygiene and energy technologies and services to food, hospitality, healthcare, industrial and oil and gas markets. |
| Shares Vesting: |
$3,885,140 |
|
|
|
Cheryl Beranek |
Clearfield Inc. |
41 |
1,438,122 |
51 |
904,999 |
58.9 |
40.0 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$77,864,000 |
| 2016 Base Salary: |
$306,024 |
1-year % change: |
25.5% |
| 1-year % change: |
8.4% |
2016 Profit: |
$7,403,000 |
| Bonus: |
$437,381 |
Stock Symbol: |
CLFD |
| Miscellaneous: |
$13,849 |
Headquarters: |
Plymouth |
| Stock gains: |
$297,900 |
Company
Description: |
Designer and manufacturer of fiber management products that enable broadband connectivity. |
| Shares Vesting: |
$382,968 |
|
|
|
Archie Black |
SPS Commerce Inc. |
26 |
4,190,551 |
27 |
4,665,251 |
-10.2 |
-0.5 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$193,295,000 |
| 2016 Base Salary: |
$495,000 |
1-year % change: |
21.9% |
| 1-year % change: |
16.5% |
2016 Profit: |
$5,710,000 |
| Bonus: |
$102,350 |
Stock Symbol: |
SPSC |
| Miscellaneous: |
$3,975 |
Headquarters: |
Minneapolis |
| Stock gains: |
$2,931,111 |
Company
Description: |
Provides cloud-based digital retail solutions |
| Shares Vesting: |
$658,115 |
|
|
|
Thomas Brock |
Silver Bay Realty Trust Corp. |
51 |
802,499 |
NR |
|
|
|
 | Title(s): |
interim president and CEO |
 |
2016 Revenue: |
$126,635,000 |
| 2016 Base Salary: |
$576,923 |
1-year % change: |
11.4% |
| 1-year % change: |
% |
2016 Profit: |
$-2,614,000 |
| Bonus: |
$225,000 |
Stock Symbol: |
SBY |
| Miscellaneous: |
$576 |
Headquarters: |
Minnetonka |
| Stock gains: |
|
Company
Description: |
A real estate investment trust focused on acquisition, renovation, leasing and management of single-family properties for rental income and long-term capital appreciation. |
| Shares Vesting: |
|
|
|
|
Tod Carpenter |
Donaldson Co. Inc. |
45 |
1,295,818 |
NR |
970,885 |
33.5 |
9.9 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$2,268,700,000 |
| 2016 Base Salary: |
$742,116 |
1-year % change: |
1.6% |
| 1-year % change: |
27.8% |
2016 Profit: |
$218,800,000 |
| Bonus: |
$106,330 |
Stock Symbol: |
DCI |
| Miscellaneous: |
$147,271 |
Headquarters: |
Bloomington |
| Stock gains: |
$257,140 |
Company
Description: |
Makes filtration systems and replacement parts |
| Shares Vesting: |
$42,961 |
|
|
|
Brian Cornell |
Target Corp. |
15 |
9,084,240 |
18 |
8,980,274 |
1.2 |
-8.1 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$69,495,000,000 |
| 2016 Base Salary: |
$1,300,000 |
1-year % change: |
-5.8% |
| 1-year % change: |
0.0% |
2016 Profit: |
$2,669,000,000 |
| Bonus: |
|
Stock Symbol: |
TGT |
| Miscellaneous: |
$330,532 |
Headquarters: |
Minneapolis |
| Stock gains: |
|
Company
Description: |
General merchandise retailer |
| Shares Vesting: |
$7,453,708 |
|
|
|
James Cracchiolo |
Ameriprise Financial Inc. |
12 |
15,083,018 |
1 |
41,829,330 |
-63.9 |
7.7 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$11,535,000,000 |
| 2016 Base Salary: |
$1,025,000 |
1-year % change: |
-1.7% |
| 1-year % change: |
0.0% |
2016 Profit: |
$1,427,000,000 |
| Bonus: |
$6,258,000 |
Stock Symbol: |
AMP |
| Miscellaneous: |
$608,761 |
Headquarters: |
Minneapolis |
| Stock gains: |
|
Company
Description: |
Diversified financial services company providing comprehensive financial planning needs of the mass affluent and affluent |
| Shares Vesting: |
$7,191,257 |
|
|
|
Craig Dahl |
TCF Financial Corp. |
34 |
2,263,288 |
NR |
1,416,682 |
59.8 |
41.9 |
 | Title(s): |
vice chairman, CEO |
 |
2016 Revenue: |
$1,314,006,000 |
| 2016 Base Salary: |
$846,923 |
1-year % change: |
4.1% |
| 1-year % change: |
30.5% |
2016 Profit: |
$212,124,000 |
| Bonus: |
$918,356 |
Stock Symbol: |
TCB |
| Miscellaneous: |
$93,564 |
Headquarters: |
Wayzata |
| Stock gains: |
|
Company
Description: |
National financial bank holding company with branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota providing retail and commercial banking services. TCF, through subsidiaries, also conducts commercial lending. |
| Shares Vesting: |
$404,445 |
|
|
|
Richard Davis |
U.S. Bancorp |
4 |
29,390,770 |
5 |
21,754,748 |
35.1 |
23.4 |
 | Title(s): |
Ch. and former CEO |
 |
2016 Revenue: |
$21,308,000,000 |
| 2016 Base Salary: |
$1,400,000 |
1-year % change: |
4.9% |
| 1-year % change: |
7.7% |
2016 Profit: |
$5,888,000,000 |
| Bonus: |
$3,046,050 |
Stock Symbol: |
USB |
| Miscellaneous: |
$15,680 |
Headquarters: |
Minneapolis |
| Stock gains: |
$19,085,830 |
Company
Description: |
Regional bank holding company |
| Shares Vesting: |
$5,843,210 |
|
|
|
Robert Demorest |
Mocon Inc. |
55 |
719,305 |
58 |
714,752 |
0.6 |
37.4 |
 | Title(s): |
Ch, P, CEO |
 |
2016 Revenue: |
$63,311,000 |
| 2016 Base Salary: |
$397,000 |
1-year % change: |
3.4% |
| 1-year % change: |
3.1% |
2016 Profit: |
$5,000,000 |
| Bonus: |
$212,118 |
Stock Symbol: |
MOCO |
| Miscellaneous: |
$16,287 |
Headquarters: |
Brooklyn Park |
| Stock gains: |
$93,900 |
Company
Description: |
Makes packaging and materials testing instrumentation |
| Shares Vesting: |
|
|
|
|
Andrew Duff |
Piper Jaffray Companies |
19 |
6,081,980 |
22 |
5,574,868 |
9.1 |
79.5 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$769,874,000 |
| 2016 Base Salary: |
$650,000 |
1-year % change: |
10.6% |
| 1-year % change: |
0.0% |
2016 Profit: |
$-21,952,000 |
| Bonus: |
$2,736,475 |
Stock Symbol: |
PJC |
| Miscellaneous: |
$66,783 |
Headquarters: |
Minneapolis |
| Stock gains: |
$782,906 |
Company
Description: |
General securities brokerage, corporate and public finance |
| Shares Vesting: |
$1,845,816 |
|
|
|
John Erb |
Sunshine Heart Inc. |
58 |
519,833 |
NR |
127,436 |
307.9 |
-74.1 |
 | Title(s): |
Ch, P, CEO |
 |
2016 Revenue: |
$1,289,000 |
| 2016 Base Salary: |
$385,833 |
1-year % change: |
2084.7% |
| 1-year % change: |
1051.1% |
2016 Profit: |
$-15,792,000 |
| Bonus: |
$134,000 |
Stock Symbol: |
SSH |
| Miscellaneous: |
|
Headquarters: |
Eden Prairie |
| Stock gains: |
|
Company
Description: |
Early-stage medical device company |
| Shares Vesting: |
|
|
|
|
Jeffrey Ettinger |
Hormel Foods Corp. |
2 |
35,857,999 |
21 |
5,691,736 |
530.0 |
15.7 |
 | Title(s): |
Ch |
 |
2016 Revenue: |
$9,510,779,000 |
| 2016 Base Salary: |
$1,019,455 |
1-year % change: |
3.8% |
| 1-year % change: |
1.9% |
2016 Profit: |
$890,138,000 |
| Bonus: |
$5,492,600 |
Stock Symbol: |
HRL |
| Miscellaneous: |
$57,789 |
Headquarters: |
Austin |
| Stock gains: |
$29,288,155 |
Company
Description: |
Produces food products for consumers, retail grocers, food-service and industrial markets |
| Shares Vesting: |
|
|
|
|
Benjamin Fowke |
Xcel Energy Inc. |
9 |
18,500,718 |
14 |
11,169,431 |
65.6 |
17.1 |
 | Title(s): |
Ch., P, CEO |
 |
2016 Revenue: |
$11,106,920,000 |
| 2016 Base Salary: |
$1,200,000 |
1-year % change: |
0.7% |
| 1-year % change: |
0.0% |
2016 Profit: |
$1,123,379,000 |
| Bonus: |
$1,828,800 |
Stock Symbol: |
XEL |
| Miscellaneous: |
$52,902 |
Headquarters: |
Minneapolis |
| Stock gains: |
|
Company
Description: |
Electric and natural gas utility |
| Shares Vesting: |
$15,419,016 |
|
|
|
Kevin Gilligan |
Capella Education Co. |
24 |
4,732,424 |
37 |
2,716,017 |
74.2 |
95.0 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$429,390,000 |
| 2016 Base Salary: |
$787,653 |
1-year % change: |
-0.2% |
| 1-year % change: |
2.2% |
2016 Profit: |
$42,404,000 |
| Bonus: |
$1,821,933 |
Stock Symbol: |
CPLA |
| Miscellaneous: |
$14,245 |
Headquarters: |
Minneapolis |
| Stock gains: |
$1,352,366 |
Company
Description: |
Provides online education, primarily through Capella University, an online university. Capella also owns Sophia, technology to support self-paced learning and Capella Learning Solutions, a provider of online non-degree, high skills training. |
| Shares Vesting: |
$756,227 |
|
|
|
Dan Gladney |
Enteromedics Inc. |
60 |
463,722 |
NR |
92,605 |
400.8 |
-98.5 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$786,660 |
| 2016 Base Salary: |
$459,167 |
1-year % change: |
169.4% |
| 1-year % change: |
480.0% |
2016 Profit: |
$-23,360,844 |
| Bonus: |
|
Stock Symbol: |
ETRM |
| Miscellaneous: |
$4,555 |
Headquarters: |
St. Paul |
| Stock gains: |
|
Company
Description: |
A medical device company developing neuroblocking technology to treat obesity, metobolic diseases and other gastrointestinal disorders |
| Shares Vesting: |
|
|
|
|
Mark Gorder |
IntriCon Corp. |
61 |
449,485 |
70 |
454,309 |
-1.1 |
-9.0 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$68,009,000 |
| 2016 Base Salary: |
$418,000 |
1-year % change: |
-0.8% |
| 1-year % change: |
3.0% |
2016 Profit: |
$-2,974,000 |
| Bonus: |
|
Stock Symbol: |
IIN |
| Miscellaneous: |
$31,485 |
Headquarters: |
Arden Hills |
| Stock gains: |
|
Company
Description: |
Makes precision miniature medical and micro-miniature body-worn devices |
| Shares Vesting: |
|
|
|
|
Jeffrey Graves |
MTS Systems Corp. |
40 |
1,555,779 |
47 |
1,436,462 |
8.3 |
-21.6 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$708,925,000 |
| 2016 Base Salary: |
$647,500 |
1-year % change: |
26.2% |
| 1-year % change: |
1.6% |
2016 Profit: |
$17,425,000 |
| Bonus: |
$647,500 |
Stock Symbol: |
MTSC |
| Miscellaneous: |
$20,667 |
Headquarters: |
Eden Prairie |
| Stock gains: |
|
Company
Description: |
Makes test and simulation systems and related services, as well as industrial position sensors |
| Shares Vesting: |
$240,112 |
|
|
|
Mark Gross |
Supervalu Inc. |
46 |
1,211,238 |
NR |
425,622 |
184.6 |
-23.3 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$13,519,000,000 |
| 2016 Base Salary: |
$1,000,000 |
1-year % change: |
-6.1% |
| 1-year % change: |
1525.0% |
2016 Profit: |
$109,000,000 |
| Bonus: |
$191,072 |
Stock Symbol: |
SVU |
| Miscellaneous: |
$20,166 |
Headquarters: |
Eden Prairie |
| Stock gains: |
|
Company
Description: |
Grocery wholesaler and retailer, parent company of Cub Foods |
| Shares Vesting: |
|
|
|
|
Darin Hammers |
Cogentix Medical Inc. |
52 |
802,111 |
NR |
|
|
55.8 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$51,851,159 |
| 2016 Base Salary: |
$349,038 |
1-year % change: |
14.2% |
| 1-year % change: |
% |
2016 Profit: |
$-22,094,947 |
| Bonus: |
$405,123 |
Stock Symbol: |
UPI |
| Miscellaneous: |
$47,950 |
Headquarters: |
Minneapolis |
| Stock gains: |
|
Company
Description: |
Makes medical devices for the diagnosis and treatment of urologic disorders. |
| Shares Vesting: |
|
|
|
|
Daniel Hanrahan |
Regis Corp. |
32 |
2,556,484 |
34 |
2,962,070 |
-13.7 |
12.5 |
 | Title(s): |
former P, CEO |
 |
2016 Revenue: |
$1,745,357,000 |
| 2016 Base Salary: |
$882,000 |
1-year % change: |
-4.0% |
| 1-year % change: |
0.0% |
2016 Profit: |
$4,540,000 |
| Bonus: |
$1,315,694 |
Stock Symbol: |
RGS |
| Miscellaneous: |
$38,280 |
Headquarters: |
Edina |
| Stock gains: |
|
Company
Description: |
Owns, operates and franchises hair salons in mall and strip-center locations |
| Shares Vesting: |
$320,510 |
|
|
|
Vernon Hanzlik |
Qumu Corp. |
59 |
518,044 |
NR |
452,818 |
14.4 |
-12.2 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$31,682,000 |
| 2016 Base Salary: |
$390,800 |
1-year % change: |
-8.0% |
| 1-year % change: |
1.3% |
2016 Profit: |
$-11,175,000 |
| Bonus: |
$47,888 |
Stock Symbol: |
QUMU |
| Miscellaneous: |
$16,687 |
Headquarters: |
Edina |
| Stock gains: |
|
Company
Description: |
Provides enterprise video content management software and services. |
| Shares Vesting: |
$62,669 |
|
|
|
Patrick Hawkins |
Hawkins Inc. |
44 |
1,321,436 |
49 |
1,004,282 |
31.6 |
-2.9 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$494,488,000 |
| 2016 Base Salary: |
$386,885 |
1-year % change: |
30.9% |
| 1-year % change: |
4.6% |
2016 Profit: |
$23,204,000 |
| Bonus: |
$279,084 |
Stock Symbol: |
HWKN |
| Miscellaneous: |
$52,281 |
Headquarters: |
Minneapolis |
| Stock gains: |
|
Company
Description: |
Manufacturer and distributor of bulk industrial chemicals |
| Shares Vesting: |
$603,186 |
|
|
|
Brett Heffes |
Winmark Corp. |
35 |
2,241,877 |
61 |
609,180 |
268.0 |
36.2 |
 | Title(s): |
CEO |
 |
2016 Revenue: |
$66,580,300 |
| 2016 Base Salary: |
$306,000 |
1-year % change: |
-4.1% |
| 1-year % change: |
2.0% |
2016 Profit: |
$22,217,600 |
| Bonus: |
$300,000 |
Stock Symbol: |
WINA |
| Miscellaneous: |
$9,180 |
Headquarters: |
Golden Valley |
| Stock gains: |
$1,626,697 |
Company
Description: |
Franchises five retail brands that buy, sell, trade and consign used and new merchandise and offers equipment leasing products |
| Shares Vesting: |
|
|
|
|
Stephen Hemsley |
UnitedHealth Group Inc. |
3 |
31,298,553 |
6 |
20,093,213 |
55.8 |
38.4 |
 | Title(s): |
CEO |
 |
2016 Revenue: |
$184,840,000,000 |
| 2016 Base Salary: |
$1,300,000 |
1-year % change: |
17.7% |
| 1-year % change: |
-3.7% |
2016 Profit: |
$7,017,000,000 |
| Bonus: |
$4,908,500 |
Stock Symbol: |
UNH |
| Miscellaneous: |
$137,358 |
Headquarters: |
Minnetonka |
| Stock gains: |
$10,776,000 |
Company
Description: |
A diversified health company. UnitedHealth offers products and services through two platforms. UnitedHealthcare provides health care coverage and benefits services; and Optum provides information and technology enabled health services. |
| Shares Vesting: |
$14,176,695 |
|
|
|
Gary Hendrickson |
Valspar Corp. |
8 |
20,168,485 |
13 |
11,298,236 |
78.5 |
24.8 |
 | Title(s): |
Ch, P, CEO |
 |
2016 Revenue: |
$4,212,448,000 |
| 2016 Base Salary: |
$1,041,647 |
1-year % change: |
-1.2% |
| 1-year % change: |
3.0% |
2016 Profit: |
$341,356,000 |
| Bonus: |
$2,213,479 |
Stock Symbol: |
VAL |
| Miscellaneous: |
$381,780 |
Headquarters: |
Minneapolis |
| Stock gains: |
$3,098,765 |
Company
Description: |
Makes paint and coatings |
| Shares Vesting: |
$13,432,814 |
|
|
|
Brian Hinchley |
Table Trac Inc. |
77 |
200,000 |
NR |
|
|
42.7 |
 | Title(s): |
CEO, CFO |
 |
2016 Revenue: |
$5,836,400 |
| 2016 Base Salary: |
$200,000 |
1-year % change: |
% |
| 1-year % change: |
% |
2016 Profit: |
$142,900 |
| Bonus: |
|
Stock Symbol: |
TBTC |
| Miscellaneous: |
|
Headquarters: |
Minnetonka |
| Stock gains: |
|
Company
Description: |
Software system to monitor the operations of casino table games. |
| Shares Vesting: |
|
|
|
|
Alan Hodnik |
Allete Inc. |
42 |
1,425,288 |
45 |
1,465,142 |
-2.7 |
30.9 |
 | Title(s): |
Ch, P, CEO |
 |
2016 Revenue: |
$1,339,700,000 |
| 2016 Base Salary: |
$613,584 |
1-year % change: |
-9.9% |
| 1-year % change: |
4.8% |
2016 Profit: |
$155,800,000 |
| Bonus: |
$436,029 |
Stock Symbol: |
ALE |
| Miscellaneous: |
$127,303 |
Headquarters: |
Duluth |
| Stock gains: |
|
Company
Description: |
Is an energy company in the Upper Midwest |
| Shares Vesting: |
$248,372 |
|
|
|
Michael Hoffman |
The Toro Co. |
7 |
21,530,276 |
15 |
11,070,525 |
94.5 |
29.1 |
 | Title(s): |
Ch, |
 |
2016 Revenue: |
$2,421,616,000 |
| 2016 Base Salary: |
$990,000 |
1-year % change: |
0.8% |
| 1-year % change: |
3.1% |
2016 Profit: |
$236,723,000 |
| Bonus: |
$1,023,536 |
Stock Symbol: |
TTC |
| Miscellaneous: |
$205,002 |
Headquarters: |
Bloomington |
| Stock gains: |
$16,204,312 |
Company
Description: |
Makes professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting, professional snow and ice management products, rental and specialty construction equipment, and residential products |
| Shares Vesting: |
$3,107,426 |
|
|
|
Randall Hogan |
Pentair plc |
6 |
23,189,843 |
16 |
10,697,791 |
116.8 |
14.0 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$4,890,000,000 |
| 2016 Base Salary: |
$1,275,795 |
1-year % change: |
5.9% |
| 1-year % change: |
0.0% |
2016 Profit: |
$451,600,000 |
| Bonus: |
$2,877,513 |
Stock Symbol: |
PNR |
| Miscellaneous: |
$176,636 |
Headquarters: |
Golden Valley |
| Stock gains: |
$10,049,715 |
Company
Description: |
Is a diversified industrial manufacturing company serving the global water and electrical segments. |
| Shares Vesting: |
$8,810,184 |
|
|
|
Victoria Holt |
Proto Labs Inc. |
48 |
1,093,415 |
48 |
1,263,556 |
-13.5 |
-19.4 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$298,055,000 |
| 2016 Base Salary: |
$529,916 |
1-year % change: |
12.9% |
| 1-year % change: |
3.0% |
2016 Profit: |
$42,707,000 |
| Bonus: |
$302,754 |
Stock Symbol: |
PRLB |
| Miscellaneous: |
$10,600 |
Headquarters: |
Maple Plain |
| Stock gains: |
|
Company
Description: |
Online and technology-enabled quick-turn manufacturer of custom parts for prototyping and short-run production |
| Shares Vesting: |
$250,145 |
|
|
|
Chris Homeister |
Tile Shop Holdings Inc. |
49 |
1,055,000 |
57 |
716,625 |
47.2 |
19.2 |
 | Title(s): |
CEO |
 |
2016 Revenue: |
$324,157,000 |
| 2016 Base Salary: |
$456,250 |
1-year % change: |
10.6% |
| 1-year % change: |
14.1% |
2016 Profit: |
$18,463,000 |
| Bonus: |
$391,875 |
Stock Symbol: |
TTS |
| Miscellaneous: |
|
Headquarters: |
Plymouth |
| Stock gains: |
|
Company
Description: |
A specialty retailer of manufactured and natural stone tiles. |
| Shares Vesting: |
$206,875 |
|
|
|
Shelly Ibach |
Select Comfort Corp. |
39 |
1,572,727 |
42 |
1,753,933 |
-10.3 |
5.7 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$1,311,291,000 |
| 2016 Base Salary: |
$814,615 |
1-year % change: |
8.0% |
| 1-year % change: |
4.5% |
2016 Profit: |
$51,417,000 |
| Bonus: |
$354,998 |
Stock Symbol: |
SCSS |
| Miscellaneous: |
$23,205 |
Headquarters: |
Plymouth |
| Stock gains: |
$156,616 |
Company
Description: |
Makes and sells Sleep Number beds and bedding. The Sleep Number mattress allows individuals to adjust the firmness and support on each side of the bed. |
| Shares Vesting: |
$223,293 |
|
|
|
Tony Isaac |
Appliance Recycling Centers of America |
67 |
338,482 |
NR |
|
|
6.7 |
 | Title(s): |
interim CEO |
 |
2016 Revenue: |
$103,589,000 |
| 2016 Base Salary: |
$338,482 |
1-year % change: |
-7.4% |
| 1-year % change: |
% |
2016 Profit: |
$-1,451,000 |
| Bonus: |
|
Stock Symbol: |
ARCI |
| Miscellaneous: |
|
Headquarters: |
St. Louis Park |
| Stock gains: |
|
Company
Description: |
Recycles major household appliances and sells appliances through its ApplianceSmart retail division |
| Shares Vesting: |
|
|
|
|
Omar Ishrak |
Medtronic plc |
1 |
50,989,783 |
2 |
40,500,470 |
25.9 |
8.5 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$29,361,000,000 |
| 2016 Base Salary: |
$1,548,216 |
1-year % change: |
2.8% |
| 1-year % change: |
3.0% |
2016 Profit: |
$3,968,000,000 |
| Bonus: |
$6,070,758 |
Stock Symbol: |
MDT |
| Miscellaneous: |
$90,299 |
Headquarters: |
Fridley |
| Stock gains: |
$13,556,856 |
Company
Description: |
Develops medical technology products that treat cardiac and vascular diseases, diabetes, and neurological and musculoskeletal conditions. |
| Shares Vesting: |
$29,723,654 |
|
|
|
Hubert Joly |
Best Buy Co. Inc. |
10 |
16,807,608 |
4 |
23,256,551 |
-27.7 |
67.7 |
 | Title(s): |
Ch, CEO |
 |
2016 Revenue: |
$39,403,000,000 |
| 2016 Base Salary: |
$1,175,000 |
1-year % change: |
-0.3% |
| 1-year % change: |
0.0% |
2016 Profit: |
$1,207,000,000 |
| Bonus: |
$2,878,750 |
Stock Symbol: |
BBY |
| Miscellaneous: |
$494,275 |
Headquarters: |
Richfield |
| Stock gains: |
|
Company
Description: |
A multi-national, multi-channel retailer of technology products and services. |
| Shares Vesting: |
$12,259,583 |
|
|
|
H. Chris Killingstad |
Tennant Co. |
33 |
2,546,846 |
35 |
2,922,062 |
-12.8 |
28.3 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$808,572,000 |
| 2016 Base Salary: |
$710,517 |
1-year % change: |
-0.4% |
| 1-year % change: |
0.7% |
2016 Profit: |
$46,614,000 |
| Bonus: |
$783,359 |
Stock Symbol: |
TNC |
| Miscellaneous: |
$116,782 |
Headquarters: |
Golden Valley |
| Stock gains: |
|
Company
Description: |
Makes mechanized cleaning equipment, sustainable cleaning technologies, aftermarket parts and consumables, specialty surface coatings, provides equipment maintenance and repair services and offers financing, rental and leasing programs. |
| Shares Vesting: |
$936,188 |
|
|
|
David Klenk |
Electro-Sensors Inc. |
75 |
240,058 |
83 |
227,368 |
5.6 |
-3.4 |
 | Title(s): |
P, CEO, CFO |
 |
2016 Revenue: |
$7,087,000 |
| 2016 Base Salary: |
$210,000 |
1-year % change: |
-7.2% |
| 1-year % change: |
20.0% |
2016 Profit: |
$202,000 |
| Bonus: |
|
Stock Symbol: |
ELSE |
| Miscellaneous: |
$30,058 |
Headquarters: |
Minnetonka |
| Stock gains: |
|
Company
Description: |
Makes speed monitoring and control systems, and makes software for automated survey and hand printed character recognition |
| Shares Vesting: |
|
|
|
|
Ron Konezny |
Digi International Inc. |
37 |
1,774,863 |
56 |
796,818 |
122.7 |
-3.3 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$197,921,000 |
| 2016 Base Salary: |
$465,000 |
1-year % change: |
-4.3% |
| 1-year % change: |
32.3% |
2016 Profit: |
$12,704,000 |
| Bonus: |
$776,550 |
Stock Symbol: |
DGII |
| Miscellaneous: |
$11,375 |
Headquarters: |
Minnetonka |
| Stock gains: |
|
Company
Description: |
Makes data communications hardware and software products |
| Shares Vesting: |
$521,938 |
|
|
|
Bradley Krehbiel |
HMN Financial Inc. |
63 |
382,243 |
80 |
321,404 |
18.9 |
51.5 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$35,550,000 |
| 2016 Base Salary: |
$307,500 |
1-year % change: |
22.1% |
| 1-year % change: |
2.5% |
2016 Profit: |
$6,350,000 |
| Bonus: |
$49,200 |
Stock Symbol: |
HMNF |
| Miscellaneous: |
$25,543 |
Headquarters: |
Rochester |
| Stock gains: |
|
Company
Description: |
Stock savings bank holding company |
| Shares Vesting: |
|
|
|
|
Subodh Kulkarni |
CyberOptics Corp. |
56 |
690,950 |
78 |
337,950 |
104.5 |
241.2 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$66,240,000 |
| 2016 Base Salary: |
$343,000 |
1-year % change: |
61.1% |
| 1-year % change: |
3.9% |
2016 Profit: |
$11,562,000 |
| Bonus: |
$340,000 |
Stock Symbol: |
CYBE |
| Miscellaneous: |
$7,950 |
Headquarters: |
St. Louis Park |
| Stock gains: |
|
Company
Description: |
Designs, develops and makes high precision 3D sensing technology solutions. CyberOptics sensors are used in a variety of industries to improve yield and productivity. |
| Shares Vesting: |
|
|
|
|
Charles Kummeth |
Bio-Techne Corp. |
30 |
2,780,459 |
33 |
3,111,132 |
-10.6 |
16.1 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$528,123,000 |
| 2016 Base Salary: |
$800,000 |
1-year % change: |
13.5% |
| 1-year % change: |
28.0% |
2016 Profit: |
$78,511,000 |
| Bonus: |
$1,221,097 |
Stock Symbol: |
TECH |
| Miscellaneous: |
$38,241 |
Headquarters: |
Minneapolis |
| Stock gains: |
|
Company
Description: |
Fka Techne, makes hematology controls and biotechnology products for research scientists. |
| Shares Vesting: |
$721,121 |
|
|
|
Roger Lacey |
Communications Systems Inc. |
69 |
330,308 |
76 |
350,186 |
-5.7 |
-36.7 |
 | Title(s): |
CEO |
 |
2016 Revenue: |
$99,353,000 |
| 2016 Base Salary: |
$275,000 |
1-year % change: |
-7.7% |
| 1-year % change: |
10.0% |
2016 Profit: |
$-8,113,000 |
| Bonus: |
$16,898 |
Stock Symbol: |
JCS |
| Miscellaneous: |
$17,825 |
Headquarters: |
Hector |
| Stock gains: |
|
Company
Description: |
Provides broadband connectivity infrastructure and services |
| Shares Vesting: |
$20,585 |
|
|
|
Ilan Levin |
Stratasys Ltd. |
70 |
318,407 |
NR |
|
|
-29.6 |
 | Title(s): |
CEO |
 |
2016 Revenue: |
$672,458,000 |
| 2016 Base Salary: |
$318,407 |
1-year % change: |
-3.4% |
| 1-year % change: |
% |
2016 Profit: |
$-77,219,000 |
| Bonus: |
|
Stock Symbol: |
SSYS |
| Miscellaneous: |
|
Headquarters: |
Eden Prairie |
| Stock gains: |
|
Company
Description: |
Provides 3D printing and additive manufacturing solutions. |
| Shares Vesting: |
|
|
|
|
G. Patrick Lynch |
Northern Technologies Intl. Corp. |
62 |
384,124 |
73 |
402,584 |
-4.6 |
-10.9 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$35,611,000 |
| 2016 Base Salary: |
$340,727 |
1-year % change: |
18.2% |
| 1-year % change: |
5.0% |
2016 Profit: |
$-336,000 |
| Bonus: |
$30,295 |
Stock Symbol: |
NTI |
| Miscellaneous: |
$13,102 |
Headquarters: |
Circle Pines |
| Stock gains: |
|
Company
Description: |
Makes materials science based industrial packaging products and systems and rust- and corrosion-inhibiting products |
| Shares Vesting: |
|
|
|
|
Charles MacFarlane |
Otter Tail Corp. |
47 |
1,118,709 |
44 |
1,475,754 |
-24.2 |
59.5 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$803,539,000 |
| 2016 Base Salary: |
$575,000 |
1-year % change: |
3.0% |
| 1-year % change: |
11.0% |
2016 Profit: |
$62,037,000 |
| Bonus: |
$395,710 |
Stock Symbol: |
OTTR |
| Miscellaneous: |
$7,375 |
Headquarters: |
Fergus Falls |
| Stock gains: |
|
Company
Description: |
Diversified corporation with investments in electric utility operations, manufacturing,
and plastics. |
| Shares Vesting: |
$140,624 |
|
|
|
Gary Maharaj |
Surmodics Inc. |
29 |
3,216,430 |
54 |
835,492 |
285.0 |
37.8 |
 | Title(s): |
P, CEO |
 |
2016 Revenue: |
$72,586,000 |
| 2016 Base Salary: |
$481,000 |
1-year % change: |
13.0% |
| 1-year % change: |
5.3% |
2016 Profit: |
$9,772,000 |
| Bonus: |
$432,900 |
Stock Symbol: |
SRDX |
| Miscellaneous: |
$4,879 |
Headquarters: |
Eden Prairie |
| Stock gains: |
$2,297,651 |
Company
Description: |
Makes surface modification and in vitro diagnostic technologies for the health care industry |
| Shares Vesting: |
|
|
The Star Tribune examined annual proxy statements and 10-K filings for the largest publicly held companies in Minnesota. All data are for the most recently completed fiscal year, which in most cases was the 2016 calendar year. Some executives were not included if their pay information was not available at press time. Executives are ranked based on total compensation. The Star Tribune counts salary, bonus, other compensation, the value of restricted stock that vested during the year and the value of options that were exercised during the year. Information was taken from proxy statements filed before June 1, 2017.
