Highlight industries Retail Overlay Health Overlay Financial Overlay Manufacturing Overlay Energy Overlay IT Overlay
Executive Company 2012 Rank 2012 total comp. 2011 Rank 2011 total comp. 1-year percent change 1-year percent stock change
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James Cracchiolo Ameriprise Financial Inc. 1 46,328,277 5 11,170,729 314.7 29.3
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Stephen Hemsley UnitedHealth Group Inc. 2 34,721,122 1 48,075,614 -27.8 8.5
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Scott Wine Polaris Industries Inc. 3 31,071,610 4 12,420,357 150.2 52.9
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Douglas Baker Ecolab Inc. 4 27,239,330 24 3,603,849 655.8 25.8
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Gregg Steinhafel Target Corp. 5 23,472,082 2 19,260,390 21.9 21.5
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Bahram Akradi Life Time Fitness Inc. 6 16,506,411 3 15,930,733 3.6 5.3
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Willard Oberton Fastenal Co. 7 16,292,628 28 3,258,911 399.9 -10.8
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Randall Hogan Pentair Inc. 8 14,664,121 6 10,508,164 39.5 50.5
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Mike Tattersfield
*
Caribou Coffee Co. Inc. 9 10,114,550 45 1,564,824 546.4 16.0
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Richard Davis U.S. Bancorp 10 9,311,164 11 6,584,636 41.4 20.8
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Inge Thulin 3M Co. 11 9,037,570 22 3,742,221 141.5 16.6
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Michael Hoffman The Toro Co. 12 8,134,081 15 5,076,502 60.2 58.0
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Hubert Joly Best Buy Co. Inc. 13 7,542,461 NR     -36.5
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Kendall Powell General Mills Inc. 14 7,195,137 9 7,347,929 -2.1 -0.7
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Paul Finkelstein
*
Regis Corp. 15 7,130,238 35 2,608,181 173.4 18.9
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Joel Ronning
*
Digital River Inc. 16 6,654,049 21 3,836,131 73.5 -4.2
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Omar Ishrak Medtronic Inc. 17 6,263,488 NR     25.2
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Richard Braun
*
Medtox Scientific Inc. 18 5,960,452 50 1,199,114 397.1 204.7
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Michael Reger Northern Oil and Gas Inc. 19 5,830,870 8 7,749,463 -24.8 -29.7
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Lee Schram Deluxe Corp. 20 5,266,228 31 2,979,264 76.8 46.9
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John Wiehoff C.H. Robinson Worldwide Inc. 21 5,163,246 14 5,383,406 -4.1 -7.3
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T. Michael Miller
*
OneBeacon Insurance Group 22 4,981,909 10 6,672,068 -25.3 -4.0
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Claude Jordan Arctic Cat Inc. 23 4,925,826 38 732,419 572.5 2.0
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William Cook Donaldson Co. Inc. 24 4,750,784 19 4,432,656 7.2 24.3
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Benjamin Fowke Xcel Energy Inc. 25 4,559,330 12 5,974,445 -23.7 0.5
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H. Chris Killingstad Tennant Co. 26 4,466,200 40 1,885,422 136.9 15.0
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Jeffrey Ettinger Hormel Foods Corp. 27 4,315,113 16 5,015,240 -14.0 2.3
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Jim Prokopanko Mosaic Co. 28 3,905,142 7 8,625,052 -54.7 -32.3
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Craig Herkert
*
Supervalu Inc. 29 3,789,922 37 2,085,753 81.7  
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Sally Smith Buffalo Wild Wings Inc. 30 3,527,288 20 4,124,024 -14.5 7.8
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Gary Hendrickson Valspar Corp. 31 3,409,549 NR 2,628,750 29.7 63.2
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William Cooper TCF Financial Corp. 32 3,290,434 18 4,447,401 -26.0 19.9
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Robert Rucker
*
Tile Shop Holdings Inc. 33 3,088,049 NR     72.1
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Daniel Starks St. Jude Medical Inc. 34 2,934,295 29 3,091,325 -5.1 7.7
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Patrick McHale Graco Inc. 35 2,837,860 38 1,915,808 48.1 28.2
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Andrew Duff Piper Jaffray Cos. 36 2,815,036 41 1,823,290 54.4 58.7
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James Owens H.B. Fuller Co. 37 2,684,573 42 1,812,567 48.1 43.9
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Archie Black SPS Commerce Inc. 38 2,661,248 34 2,623,504 1.4 43.6
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Joseph Puishys Apogee Enterprises Inc. 39 2,408,130 NR 1,372,626 75.4 112.5
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Douglas Milroy G&K Services Inc. 40 2,347,963 43 1,633,530 43.7 11.2
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Daniel Baker NVE Corp. 41 2,155,633 27 3,279,772 -34.3 6.5
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Shelly Ibach Select Comfort Corp. 42 2,126,027 NR 1,579,482 34.6 20.7
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David Martin Cardiovascular Systems Inc. 43 2,076,195 61 843,935 146.0 -32.8
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Christopher O'Donnell
*
Famous Dave's of America Inc. 44 1,633,013 54 981,089 66.4 -10.8
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Howard Root
*
Vascular Solutions Inc. 45 1,600,812 53 1,089,190 47.0 42.0
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Scott Anderson Patterson Cos Inc. 46 1,433,330 48 1,312,030 9.2 -0.2
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Alan Hodnik Allete Inc. 47 1,400,763 51 1,180,785 18.6 2.2
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William Lansing
*
Fair Isaac Corp. (FICO) 48 1,389,719 NR     103.1
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Mark Lucas Imation Corp. 49 1,291,635 46 1,524,165 -15.3 13.4
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James Mandel Multiband Corp. 50 1,271,000 62 817,750 55.4 -48.9
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Kevin Gilligan Capella Education Co. 51 1,171,591 52 1,121,930 4.4 -21.6
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Joel Waller
*
Christopher & Banks Corp. 52 1,160,168 NR     198.6
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Edward McIntyre
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Otter Tail Corp. 53 1,115,378 NR     19.6
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Alec Covington Nash Finch Co. 54 1,027,038 17 4,844,360 -78.8 -24.8
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Scott Drill Insignia Systems Inc. 55 1,015,903 30 3,033,350 -66.5 -14.9
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Paul Lidsky Datalink Corp. 56 977,427 55 950,368 2.8 3.5
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Gary Maharaj SurModics Inc. 57 934,367 NR     122.2
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John Finke HickoryTech Corp. 58 866,255 58 899,687 -3.7 -7.3
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Jeffrey Graves
*
MTS Systems Corp. 59 821,677 NR     79.3
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Keith Stewart ValueVision Media Inc. 60 767,560 67 675,000 13.7 71.3
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Cheryl Beranek Clearfield Inc. 61 709,690 56 937,621 -24.3 -13.4
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Wayne Fortun
*
Hutchinson Technology Inc. 62 700,314 66 703,012 -0.4 -10.7
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Lyle Berman Lakes Entertainment Inc. 63 683,328 63 799,049 -14.5 61.7
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Robert Demorest Mocon Inc. 64 650,145 57 924,012 -29.6 -7.6
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Richard Willis
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Navarre Corp. 65 623,251 NR     27.7
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Sherman Black Rimage Corp. 66 603,464 65 750,707 -19.6 -36.7
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Joseph Dunsmore Digi International Inc. 67 591,261 60 847,613 -30.2 -7.7
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Robert Doran Granite City Food & Brewery Ltd. 68 591,006 NR 328,546 79.9 -11.2
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Patrick Hawkins Hawkins Inc. 69 585,101 NR     9.3
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James Dolan Dolan Media Co. 70 582,947 68 641,346 -9.1 -54.3
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Anthony Conway Rochester Medical Corp. 71 578,856 59 880,307 -34.2 55.8
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Robert Hansen
*
Electromed Inc. 72 561,396 89 301,767 86.0 -36.4
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John Morgan Winmark Corp. 73 542,975 70 517,647 4.9 7.2
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Karen van Lith
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MakeMusic Inc. 74 515,549 91 271,483 89.9 -12.4
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Gregg Lehman MGC Diagnostics Corp. 75 492,631 99 181,828 170.9 39.5
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G. Patrick Lynch Northern Technologies Intl. Corp. 76 489,276 83 359,102 36.2 -37.7
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David Kaysen
*
Uroplasty Inc. 77 470,787 74 472,284 -0.3 -54.5
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Michael Degen Nortech Systems Inc. 78 457,013 76 448,686 1.9 -4.5
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Mark Knudson Enteromedics Inc. 79 449,258 72 509,181 -11.8 64.7
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Kenneth Aubrey
*
Image Sensing Systems Inc. 80 448,740 94 265,000 69.3 -23.6
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Bradley Cleveland
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Proto Labs Inc. 81 442,003 71 514,415 -14.1 187.2
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Mark Gorder IntriCon Corp. 82 398,919 86 338,291 17.9 -35.1
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John Coughlan XRS Corp. 83 380,272 80 380,272   -65.6
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Manny Villafaña Kips Bay Medical Inc. 84 354,948 87 336,916 5.4 -53.0
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Bill Otis New Ulm Telecom Inc. 85 343,644 81 374,668 -8.3 -9.5
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William Schultz Communications Systems Inc. 86 341,492 NR     -21.6
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Bradley Krehbiel HMN Financial Inc. 87 341,087 88 309,893 10.1 78.7
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Brittany McKinney Analysts International Corp. 88 328,671 75 453,265 -27.5 -43.2
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Kathleen Iverson CyberOptics Corp. 89 325,540 78 431,605 -24.6 -4.9
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Edward Cameron Appliance Recycling Centers of America 90 306,928 77 444,428 -30.9 -73.0
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Joseph Micallef Great Northern Iron Ore Properties 91 300,000 NR     -27.2
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Randall Sampson Canterbury Park Holding Corp. 92 298,171 96 231,489 28.8 43.7
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Stryker Warren
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Urologix Inc. 93 288,200 90 292,400 -1.4 -18.9
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Scott Koller Wireless Ronin Technologies Inc. 94 265,400 93 265,420   -66.7
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Thomas Oland
*
Techne Corp. 95 261,343 92 266,409 -1.9 -9.6
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S. Scott Crump
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Stratasys Inc. 96 255,198 85 354,799 -28.1 162.2
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William Ulland Ikonics Corp. 97 248,096 95 240,870 3.0 18.0
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Daniel Juhl Juhl Energy Inc. 98 246,546 84 356,812 -30.9 -35.1
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Bradley Slye Electro-Sensors Inc. 99 206,499 97 199,684 3.4 -0.1
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Glenn Goulet Table Trac Inc. 100 173,090 NR 121,369 42.6 -5.7

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 2012 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

Check out the CEO pay packages at Minnesota's largest public companies. Median total pay of chief executive officers in 2012 rose 2.6 percent to $1.22 million, the highest since 2007. Here are the 100 largest CEO pay packages among the public companies we examined.

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