Highlight industries Retail Overlay Health Overlay Financial Overlay Manufacturing Overlay Energy Overlay IT Overlay
Executive Company 2014 Rank 2014 total comp. 2013 Rank 2013 total comp. 1-year percent change 1-year percent stock change
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Bahram Akradi Life Time Fitness Inc. 21 6,883,031 17 7,385,858 -6.8 20.5
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Scott Anderson Patterson Cos. Inc. 42 1,888,161 45 1,309,801 44.2 9.0
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Douglas Baker Ecolab Inc. 3 47,308,112 15 8,164,252 479.5 1.3
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Daniel Baker
*
NVE Corp. 71 501,118 83 326,980 53.3 24.6
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Cheryl Beranek Clearfield Inc. 28 4,309,913 46 1,276,715 237.6 -5.2
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Lyle Berman Lakes Entertainment Inc. 65 653,440 61 683,328 -4.4 6.7
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Sherman Black Qumu Corp. 48 1,210,678 40 1,566,843 -22.7 6.8
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Archie Black SPS Commerce Inc. 27 4,730,820 22 5,092,281 -7.1 -13.3
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Mark Bozek EVINE Live Inc. 51 1,034,167 NR     1.6
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Mark Buller Norcraft Holdings L.P. 56 814,798 51 1,015,226 -19.7 -1.6
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Edward Cameron Appliance Recycling Centers of America 80 337,028 91 225,583 49.4 -4.2
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Steve Christensen Granite Falls Energy LLC 81 331,917 95 193,900 71.2  
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William Cook Donaldson Co. Inc. 33 3,804,888 12 8,539,360 -55.4 8.5
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William Cooper TCF Financial Corp. 7 17,109,036 23 4,776,337 258.2 -2.2
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Brian Cornell
*
Target Corp. 57 809,137 NR     34.1
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James Cracchiolo Ameriprise Financial Inc. 1 97,375,517 1 92,182,148 5.6 17.2
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Glen Dall
*
Insignia Systems Inc. 79 337,097 71 483,138 -30.2 31.2
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Richard Davis U.S. Bancorp 5 18,137,729 4 15,485,979 17.1 13.8
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Robert Demorest Mocon Inc. 61 747,141 60 708,335 5.5 16.4
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Andrew Duff Piper Jaffray Companies 23 5,355,624 26 4,342,785 23.3 46.9
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Sam Duncan Supervalu Inc. 30 4,057,987 36 2,561,083 58.4 52.7
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Joseph Dunsmore
*
Digi International Inc. 64 701,902 63 639,309 9.8 -24.9
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Jeffrey Ettinger Hormel Foods Corp. 11 13,005,596 18 6,927,453 87.7 26.1
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Brian Farley
*
Entellus Medical Inc. 58 807,672 NR      
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Gregory Fluet Urologix Inc. 91 225,000 NR 200,000 12.5 -7.9
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Benjamin Fowke Xcel Energy Inc. 20 7,315,660 20 6,501,242 12.5 33.5
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Kevin Gilligan Capella Education Co. 40 2,196,024 38 2,074,497 5.9 18.5
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Mark Gorder IntriCon Corp. 73 451,758 79 401,592 12.5 78.3
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Glenn Goulet
*
Table Trac Inc. 89 227,329 96 179,624 26.6 -22.1
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Jeffrey Graves MTS Systems Corp. 49 1,103,977 48 1,099,473 0.4 8.0
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Daniel Hanrahan Regis Corp. 50 1,087,688 37 2,124,958 -48.8 -13.5
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Patrick Hawkins Hawkins Inc. 52 1,004,282 52 905,341 10.9 5.5
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Stephen Hemsley UnitedHealth Group Inc. 2 66,125,208 2 28,139,070 135.0 36.5
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Gary Hendrickson Valspar Corp. 12 10,573,907 8 10,331,375 2.3 19.1
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Alan Hodnik Allete Inc. 43 1,747,238 43 1,411,880 23.8 15.0
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Michael Hoffman The Toro Co. 15 9,355,590 14 8,316,834 12.5 6.1
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Randall Hogan Pentair plc 8 16,860,406 6 12,527,625 34.6 -13.2
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Victoria Holt Proto Labs Inc. 55 822,264 NR     -5.6
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Jean-François Huc BioAmber Inc. 59 795,283 56 833,270 -4.6 12.2
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Shelly Ibach Select Comfort Corp. 41 2,045,892 44 1,339,525 52.7 28.2
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Omar Ishrak Medtronic plc 16 8,331,159 NR     28.6
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Hubert Joly Best Buy Co. Inc. 18 7,983,336 5 13,970,641 -42.9 53.1
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Claude Jordan Arctic Cat Inc. 35 3,111,328 9 9,977,601 -68.8 -22.9
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Daniel Juhl
*
Juhl Energy Inc. 88 270,092 88 257,919 4.7 25.0
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H. Chris Killingstad Tennant Co. 37 2,779,614 16 8,032,606 -65.4 7.7
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David Klenk Electro-Sensors Inc. 92 221,040 NR 91,085 142.7 -2.5
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Brian Kletscher Highwater Ethanol LLC 93 199,435 99 126,335 57.9  
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Mark Knudson Enteromedics Inc. 66 611,799 73 464,747 31.6 -30.4
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Bradley Krehbiel
*
HMN Financial Inc. 74 439,921 77 405,773 8.4 17.3
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Subodh Kulkarni
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CyberOptics Corp. 70 518,441 NR     50.4
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Charles Kummeth Bio-Techne Corp. 45 1,471,754 NR 264,780 455.8 35.7
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Gregg Lehman
*
MGC Diagnostics Corp. 85 304,326 66 574,029 -47.0 -43.0
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Paul Lidsky Datalink Corp. 39 2,601,148 41 1,480,426 75.7 18.4
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Mark Lucas Imation Corp. 31 3,906,020 34 2,633,870 48.3 -19.0
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G. Patrick Lynch Northern Technologies Intl. Corp. 68 579,987 75 442,835 31.0 33.7
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Gary Maharaj SurModics Inc. 63 707,375 59 751,481 -5.9 18.2
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David Martin
*
Cardiovascular Systems Inc. 10 13,814,033 27 4,333,079 218.8 46.7
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Patrick McHale Graco Inc. 26 4,781,120 32 3,014,265 58.6 4.2
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Edward McIntyre
*
Otter Tail Corp. 44 1,646,411 42 1,420,128 15.9 10.3
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Craig McKenzie Dakota Plains Holdings Inc. 54 866,072 50 1,038,542 -16.6 -23.5
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Joseph Micallef Great Northern Iron Ore Properties 86 300,000 85 300,000    
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T. Michael Miller OneBeacon Insurance Group 24 5,036,112 29 3,845,165 31.0 8.1
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David Miller
*
Silver Bay Realty Trust Corp. 60 793,297 100     4.6
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Douglas Milroy G&K Services Inc. 17 8,272,987 35 2,565,403 222.5 21.9
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John Morgan Winmark Corp. 67 592,784 67 570,125 4.0 -0.1
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Jeffrey Myhre
*
Broadview Institute Inc. 95   100     -50.0
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Willard Oberton Fastenal Co. 46 1,468,943 57 794,761 84.8 2.4
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Bill Otis New Ulm Telecom Inc. 77 369,409 81 350,568 5.4 15.0
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James Owens H.B. Fuller Co. 36 2,955,061 33 2,904,023 1.8 -14.8
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Richard Penn Hutchinson Technology Inc. 69 552,472 78 402,250 37.3 4.9
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Kendall Powell General Mills Inc. 13 10,465,412 7 10,514,940 -0.5 20.5
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Jim Prokopanko
*
Mosaic Co. 9 15,916,260 19 6,718,926 136.9 -1.4
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Arthur Przybyl ANI Pharmaceuticals Inc. 53 918,752 65 593,574 54.8 56.4
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Joseph Puishys Apogee Enterprises Inc. 29 4,177,392 28 4,094,217 2.0 35.5
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Benjamin Rashleger WSI Industries Inc. 78 357,182 90 244,741 45.9 16.9
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Michael Reger
*
Northern Oil and Gas Inc. 32 3,882,987 25 4,431,072 -12.4 -62.5
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Edward Rensi
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Famous Dave's of America Inc. 76 378,846 NR     43.6
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Howard Root Vascular Solutions Inc. 38 2,660,665 39 1,696,754 56.8 17.3
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David Rosa Sunshine Heart Inc. 72 466,325 74 445,716 4.6 -56.3
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Robert Rucker
*
Tile Shop Holdings Inc. 47 1,239,997 70 500,000 148.0 8.9
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Curtis Sampson
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Communications Systems Inc. 94 99,602 NR 67,500 47.6 -0.5
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Randall Sampson Canterbury Park Holding Corp. 82 330,124 89 256,681 28.6 -9.5
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Lee Schram Deluxe Corp. 14 10,082,963 24 4,752,115 112.2 21.8
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Kathleen Skarvan Electromed Inc. 90 226,188 98 132,492 70.7 -21.6
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Sally Smith Buffalo Wild Wings Inc. 25 4,898,032 21 5,580,758 -12.2 22.5
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Daniel Starks St. Jude Medical Inc. 22 6,823,764 30 3,698,451 84.5 6.7
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Inge Thulin 3M Co. 6 17,184,365 10 9,044,103 90.0 20.0
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Kris Tufto
*
Image Sensing Systems Inc. 83 307,998 84 325,833 -5.5 -46.3
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William Ulland Ikonics Corp. 87 271,166 87 260,501 4.1 0.4
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Steve VanRoekel Ridley Inc. 62 734,935 NR      
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LuAnn Via Christopher & Banks Corp. 34 3,525,808 54 846,496 316.5 -27.0
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Manny Villafaña
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Kips Bay Medical Inc. 75 385,670 80 366,524 5.2 -79.1
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Richard Wasielewski
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Nortech Systems Inc. 84 304,523 NR 317,964 -4.2 3.5
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John Wiehoff C.H. Robinson Worldwide Inc. 19 7,351,769 31 3,187,521 130.6 31.3
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Scott Wine Polaris Industries Inc. 4 31,349,579 11 8,570,016 265.8 5.3

The Star Tribune examined annual proxy statements and 10-K filings for the 130 largest publicly held companies in Minnesota. All data are for the most recently completed fiscal year, which in most cases was the 2014 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.

ABBREVIATIONS:
Ch - Chairman
Chw - Chairwoman
CEO - Chief Executive Officer
P - President
COO - Chief Operating Officer
Sec. - Secretary
NM - Not meaningful
NR - Not ranked
- Means not available
Source: Company reports

 

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