Skip to main content

Boston Scientific names next CEO

Boston Scientific has selected Johnson & Johnson executive Michael Mahoney as its new chief executive. Mahoney will replace retiring CEO Ray Elliott on Nov. 1.
  • Author:
  • Updated:
    Original:

Boston Scientific has selected Johnson & Johnson executive Michael Mahoney as its new chief executive. Mahoney will replace retiring CEO Ray Elliott on Nov. 1.

Next Up

Ambulance Hennepin Healthcare

Boy, 14, critical after accidental shooting at Minneapolis apartment

Police say the shooting happened during a gathering at an apartment.

Screen Shot 2022-08-09 at 3.25.49 PM

Charges: Man caused Burnsville building fire because girlfriend was late

The alleged arson fire displaced around 50 residents.

Famous dave granite city

Famous Dave's, Granite City owner sold for $200 million

The owner of Famous Dave's, BBQ Holdings, is based in Minnetonka.

Alanna McLean

Appeal to find missing northern Minnesota woman

Alanna McLean was last seen this past weekend.

image

Minnesota reaches 55 confirmed cases of monkeypox

Nearly 9,000 cases have been confirmed nationwide.

derek chauvin

$1.45M payout for correctional officers prevented from guarding Derek Chauvin

The officers were reportedly ordered to avoid Derek Chauvin while he was in jail.

DSD_6142

Palm Springs residents: Divert the Mississippi to solve our drought problems

Should the southwest have some of the Mississippi River?

Image from iOS (10)

Minneapolis tries to spruce up street barriers with motivational messages

Police said the barriers will be in place through the beginning of the fall.

BearTracks3

MnDOT debuts driverless shuttle in White Bear Lake

This is one of several self-driving pilot programs MnDOT is working on.

snow

Farmer almanacs release their 2022-23 winter forecasts for MN

November is right around the corner and one of the almanacs figures it'll be a cold and snowy month.

Related

Boston Scientific profits take 3rd quarter dive

Dwindling demand for pacemakers and defibrillators cut into Boston Scientific’s bottom line in the latest quarter. Profits fell 25 percent. The company announced layoffs earlier this year for some of the Twin Cities 5,000 Boston Scientific workers.

Boston Scientific chief earns nearly $12 million in less than three months

Michael Mahoney--Boston Scientific's future CEO--pulled in $11.78 million dollars in just 76 days on the job. Most of the compensation comes in the form of stock awards.

Boston Scientific acquires Plymouth-based BridgePoint

Massachusetts-based Boston Scientific is buying medical startup BridgePoint Medical Inc., the Star Tribune reports. The small privately held firm has developed an innovative system to clear coronary arteries without bypass surgery. Terms of the deal were not disclosed.

Christopher & Banks hires new CEO

Christopher & Banks has named veteran retail executive LuAnn Via to be its new president and chief executive officer, the Pioneer Press reports. Via was most recently the CEO of Payless Shoes. She will start her new role with the women's apparel company on Nov. 26. Via replaces Joel Waller, who took over when Larry Barenbaum left the struggling Plymouth-based retailer in February.

GE Capital Fleet Services names Kristi Webb as president and CEO

Eden Prairie-based GE Capital Fleet Services has promoted Kristi Webb as its new president and CEO. Webb joined the company in 1998 and was most recently general manager of GE Capital’s Dealer Finance business. She will replace Clarence Nunn, who was recently appointed chief commercial officer for GE Capital, Americas.

Supervalu fires CEO, names replacement

Supervalu has pushed out CEO Craig Herkert from the struggling Eden Prairie-based supermarket chain, the Associated Press reports. Chairman Wayne Sales will take on the roles of president and chief executive officer as Supervalu explores a possible sale of its operations following disappointing quarterly results.

Hormel's Ettinger named 'Responsible CEO of the Year'

Jeffrey Ettinger was one of four chief executives honored by Corporate Responsibility magazine, Twin Cities Business reports. The “Responsible CEO of the Year” award recognizes executives who “visibly exceed standards in the areas of employee relations, environmental impact, human rights, philanthropy, and corporate responsibility practices.”