Highlight industries Retail Overlay Health Overlay Financial Overlay Manufacturing Overlay Energy Overlay IT Overlay
Executive Company 2013 Rank 2013 total comp. 2012 Rank 2012 total comp. 1-year percent change 1-year percent stock change
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Bahram Akradi Life Time Fitness Inc. 17 7,385,858 6 16,506,411 -55.3 -4.5
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Scott Anderson Patterson Cos Inc. 45 1,309,801 46 1,433,330 -8.6 13.2
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Douglas Baker Ecolab Inc. 15 8,164,252 4 27,239,330 -70.0 46.6
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Daniel Baker NVE Corp. 83 326,980 41 2,155,633 -84.8 1.1
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Cheryl Beranek Clearfield Inc. 46 1,276,715 61 709,690 79.9 161.4
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Lyle Berman Lakes Entertainment Inc. 61 683,328 63 683,328   31.7
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Sherman Black Qumu Corp. 40 1,566,843 66 603,464 159.6 91.6
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Archie Black SPS Commerce Inc. 22 5,092,281 38 2,661,248 91.3 75.2
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Mark Buller
*
Norcraft Companies L.P. 51 1,015,226 NR 481,753 110.7  
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Edward Cameron Appliance Recycling Centers of America 91 225,583 90 306,928 -26.5 114.2
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Steve Christensen Granite Falls Energy LLC 95 193,900 NR      
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Bradley Cleveland
*
Proto Labs Inc. 58 778,433 81 442,003 76.1 80.6
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William Cook Donaldson Co. Inc. 12 8,539,360 24 4,750,784 79.7 7.4
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William Cooper
*
TCF Financial Corp. 23 4,776,337 32 3,290,434 45.2 35.6
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John Coughlan XRS Corp. 64 599,272 83 380,272 57.6 386.5
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James Cracchiolo Ameriprise Financial Inc. 1 92,182,148 1 46,328,277 99.0 88.3
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Glen Dall Insignia Systems Inc. 71 483,138 NR 286,400 68.7 59.6
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Richard Davis U.S. Bancorp 4 15,485,979 10 9,311,164 66.3 29.6
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Michael Degen Nortech Systems Inc. 68 547,035 78 457,013 19.7 83.0
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Robert Demorest Mocon Inc. 60 708,335 64 650,145 9.0 13.1
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David Dobson
*
Digital River Inc. 49 1,075,388 NR     28.4
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Robert Doran Granite City Food & Brewery Ltd. 69 510,768 68 591,006 -13.6 -50.4
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Andrew Duff Piper Jaffray Cos. 26 4,342,785 36 2,815,036 54.3 23.1
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Sam Duncan
*
Supervalu Inc. 36 2,561,083 NR 600,903 326.2 58.6
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Joseph Dunsmore Digi International Inc. 63 639,309 67 591,261 8.1 -1.7
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Jeffrey Ettinger Hormel Foods Corp. 18 6,927,453 27 4,315,113 60.5 49.7
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John Finke Enventis Corp. 53 883,661 58 866,255 2.0 39.0
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Jeffrey Flannery Titan Energy Worldwide Inc. 94 202,245 NR 140,152 44.3 305.9
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Benjamin Fowke Xcel Energy Inc. 20 6,501,242 25 4,559,330 42.6 8.8
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David Gagne
*
Winland Electronics Inc. 76 408,655 NR     -25.0
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Kevin Gilligan Capella Education Co. 38 2,074,497 51 1,171,591 77.1 136.6
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Mark Gorder IntriCon Corp. 79 401,592 82 398,919 0.7 -4.8
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Glenn Goulet Table Trac Inc. 96 179,624 100 173,090 3.8 52.8
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Jeffrey Graves MTS Systems Corp. 48 1,099,473 59 821,677 33.8 22.8
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Daniel Hanrahan
*
Regis Corp. 37 2,124,958 NR     -7.5
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Patrick Hawkins Hawkins Inc. 52 905,341 69 585,101 54.7 -6.2
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Stephen Hemsley UnitedHealth Group Inc. 2 28,139,070 2 34,721,122 -19.0 41.0
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Gary Hendrickson Valspar Corp. 8 10,331,375 31 3,409,549 203.0 26.7
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Alan Hodnik Allete Inc. 43 1,411,880 47 1,400,763 0.8 26.5
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Michael Hoffman The Toro Co. 14 8,316,834 12 8,134,081 2.2 41.3
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Randall Hogan Pentair Inc. 6 12,527,625 8 14,664,121 -14.6 60.7
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Jean-François Huc
*
BioAmber Inc. 56 833,270 NR      
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Shelly Ibach Select Comfort Corp. 44 1,339,525 42 2,126,027 -37.0 -19.4
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Omar Ishrak Medtronic Inc. 13 8,331,159 17 6,263,488 33.0 28.6
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Kathleen Iverson
*
CyberOptics Corp. 82 334,465 89 325,540 2.7 -13.9
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Hubert Joly Best Buy Co. Inc. 5 13,970,641 13 7,542,461 85.2 49.6
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Claude Jordan
*
Arctic Cat Inc. 9 9,977,601 23 4,925,826 102.6 10.1
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Daniel Juhl Juhl Energy Inc. 88 257,919 98 246,546 4.6 -67.3
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David Kaysen
*
Uroplasty Inc. 72 481,172 77 470,787 2.2 -17.4
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H. Chris Killingstad Tennant Co. 16 8,032,606 26 4,466,200 79.9 56.4
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Brian Kletscher Highwater Ethanol LLC 99 126,335 NR      
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Mark Knudson Enteromedics Inc. 73 464,747 79 449,258 3.4 -27.1
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Scott Koller Wireless Ronin Technologies Inc. 86 265,400 94 265,400   -70.0
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Bradley Krehbiel HMN Financial Inc. 77 405,773 87 341,087 19.0 204.5
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Gregg Lehman
*
MGC Diagnostics Corp. 66 574,029 75 492,631 16.5 94.9
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Paul Lidsky Datalink Corp. 41 1,480,426 56 977,427 51.5 27.5
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Mark Lucas Imation Corp. 34 2,633,870 49 1,291,635 103.9 0.2
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G. Patrick Lynch Northern Technologies Intl. Corp. 75 442,835 76 489,276 -9.5 45.7
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Gary Maharaj SurModics Inc. 59 751,481 57 934,367 -19.6 17.5
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David Martin Cardiovascular Systems Inc. 27 4,333,079 43 2,076,195 108.7 117.0
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Patrick McHale Graco Inc. 32 3,014,265 35 2,837,860 6.2 54.1
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Edward McIntyre Otter Tail Corp. 42 1,420,128 53 1,115,378 27.3 22.0
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Craig McKenzie
*
Dakota Plains Holdings, Inc 50 1,038,542 NR     -29.2
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Joseph Micallef Great Northern Iron Ore Properties 85 300,000 91 300,000   16.4
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T. Michael Miller OneBeacon Insurance Group 29 3,845,165 22 4,981,909 -22.8 20.5
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David Miller
*
Silver Bay Realty Trust Corp. 100   NR     -14.9
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Douglas Milroy G&K Services Inc. 35 2,565,403 40 2,347,963 9.3 55.9
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John Morgan Winmark Corp. 67 570,125 73 542,975 5.0 63.0
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Philip Myers
*
American Church Mortgage Co. 100   NR     20.7
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Jeffrey Myhre
*
Broadview Institute Inc. 100   NR      
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Christopher O'Donnell
*
Famous Dave's of America Inc. 47 1,177,164 44 1,633,013 -27.9 99.1
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Willard Oberton Fastenal Co. 57 794,761 7 16,292,628 -95.1 3.6
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Thomas Oland
*
Techne Corp. 97 140,400 95 261,343 -46.3 -5.3
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Bill Otis New Ulm Telecom Inc. 81 350,568 85 343,644 2.0 15.7
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James Owens H.B. Fuller Co. 33 2,904,023 37 2,684,573 8.2 57.6
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Richard Penn Hutchinson Technology Inc. 78 402,250 NR 441,784 -8.9 98.6
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Kendall Powell General Mills Inc. 7 10,514,940 14 7,195,137 46.1 26.9
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Jim Prokopanko
*
Mosaic Co. 19 6,718,926 28 3,905,142 72.1 29.8
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Arthur Przybyl ANI Pharmaceuticals Inc. 65 593,574 NR     172.1
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Joseph Puishys Apogee Enterprises Inc. 28 4,094,217 39 2,408,130 70.0 32.4
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Benjamin Rashleger WSI Industries Inc. 90 244,741 NR     -3.1
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Michael Reger
*
Northern Oil and Gas Inc. 25 4,431,072 19 5,830,870 -24.0 -10.4
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Howard Root Vascular Solutions Inc. 39 1,696,754 45 1,600,812 6.0 46.5
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David Rosa Sunshine Heart Inc. 74 445,716 NR 236,375 88.6 59.4
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Robert Rucker Tile Shop Holdings Inc. 70 500,000 33 3,088,049 -83.8 7.4
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Randall Sampson Canterbury Park Holding Corp. 89 256,681 92 298,171 -13.9 7.2
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Lee Schram Deluxe Corp. 24 4,752,115 20 5,266,228 -9.8 65.8
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William Schultz
*
Communications Systems Inc. 62 654,901 86 341,492 91.8 13.5
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Kathleen Skarvan Electromed Inc. 98 132,492 NR     -39.6
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Bradley Slye
*
Electro-Sensors Inc. 92 210,804 99 206,499 2.1 8.4
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Sally Smith Buffalo Wild Wings Inc. 21 5,580,758 30 3,527,288 58.2 102.1
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Daniel Starks
*
St. Jude Medical Inc. 30 3,698,451 34 2,934,295 26.0 75.0
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Gregg Steinhafel Target Corp. 3 15,972,489 5 23,472,082 -32.0 -5.2
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Keith Stewart
*
ValueVision Media Inc. 55 835,038 60 767,560 8.8 127.7
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Inge Thulin 3M Co. 10 9,044,103 11 9,037,570 0.1 54.5
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Kris Tufto Image Sensing Systems Inc. 84 325,833 NR 121,250 168.7 -0.4
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William Ulland Ikonics Corp. 87 260,501 97 248,096 5.0 83.2
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LuAnn Via Christopher & Banks Corp. 54 846,496 NR 386,663 118.9 15.2
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Manny Villafaña Kips Bay Medical Inc. 80 366,524 84 354,948 3.3 14.5
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Stryker Warren
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Urologix Inc. 93 205,296 93 288,200 -28.8 -78.1
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John Wiehoff C.H. Robinson Worldwide Inc. 31 3,187,521 21 5,163,246 -38.3 -5.4
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Scott Wine Polaris Industries Inc. 11 8,570,016 3 31,071,610 -72.4 75.9

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 2013 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, Bloomberg News

Median total pay of chief executive officers in 2013 dropped 16 percent in 2013 to $1.026 million, the lowest median figure since 2010. Here are the 100 largest CEO pay packages among the public companies we examined.

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