Beta.MN Director Nels Pederson Is Leaving For Livefront

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Via News Release

“Over the past five years, I [Nels Pederson] was incredibly fortunate to have dedicated, focused time to help build and grow the startup ecosystem in the Twin Cities. Simply put, it has been a pretty kick-ass five years.

I’m going to continue helping startups grow and build, but moving forward I’ll be doing it in a slightly different role. I am excited to share that beginning later this month I will be transitioning from my role as Managing Director of Beta.MN into a new opportunity at Livefront called Partnerships.”

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Pohlad’s PaR Systems Has A New CEO

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“MINNEAPOLIS, Jan. 30, 2019 /PRNewswire/ — The Pohlad Companies, a privately held portfolio of businesses and investments spanning a variety of industries, today announced that effective February 4, 2019, Tom Pohlad, president and COO of Carousel Motor Group (CMG), will become CEO of PaR Systems LLC, a leading provider of automation, robotics and specialized material handling solutions.”

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Under New CEO, Nerdery Cuts 10% Of Employees & Shutters KC Office

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Via News Release

“While the overall health of our business is strong, we are cutting costs in order to make strategic investments elsewhere. Nerdery today eliminated 32 positions, including the closure of our Kansas City office. We’ve asked a portion of the impacted employees in Kansas City to remain with the company as part of our work-from-home team. All departing employees will receive severance packages and placement assistance.”

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Gravie Hires Former Ceridian, Best Buy Exec Charles Marentette As CFO

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“MINNEAPOLIS, Jan. 14, 2019 /PRNewswire/ — Gravie, a company that’s been reinventing health benefits since 2013, announced today that Charles Marentette has joined the team as Chief Financial Officer.

Marentette is an accomplished executive with over 20 years of diverse experience spanning multiple disciplines in various industries. He has a proven track record in driving outcomes and leading high-impact teams. Prior to joining Gravie, Marentette served as Executive Vice President and Chief Financial Officer at Walser Automotive Group in Minneapolis. Additionally, he has significant senior executive experience at Ceridian and Best Buy.”

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Amid Record Revenues, Code42 Cuts ~10% Of Staff In 55 Person Layoff

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Code42 – Minnesota’s second most funded tech firm with $137m VC – confirmed that it has let go of about 55 people, about 10% of their global workforce.

The company declined to comment further on details of the affected geographies and departments only to share this message from CEO Joe Payne late Wednesday:

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Atmosphere IoT Taps Former MIMA Pres Ryan Arnholt As Marketing Lead

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Ryan Arnholt has been hired as Director of Marketing at Atmosphere IoT. Arnholt will be planning and leading marketing initiatives at the software startup.

Jeff Liebl, President and CEO of Atmosphere, said “We’re in a fast-moving industry and have a lot of moving targets in front of us as we build out our marketing capabilities. Ryan’s depth and breadth of experience is exactly what we need as we focus on accelerating growth.”

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Best Buy Adds Another Major Exec To BOD In Health & Wellness Charge

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Via News Release

“Best Buy Co., Inc. (NYSE:BBY) today announced that Eugene A. Woods, a leading health care executive, has been appointed to its Board of Directors, effective immediately.

Woods is president and CEO of Atrium Health (formerly known as Carolinas HealthCare System), one of the nation’s most comprehensive, highly integrated and innovative health care systems. Atrium operates 44 hospitals and more than 900 care locations, ranging from physician offices and behavioral health centers to nursing homes. The Charlotte, North Carolina-based company has annual revenue of nearly $10 billion and is responsible for more than 11.5 million patient interactions each year”

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RedBrick Health Cofounder Jumps Ship To Revel Health

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Via News Release

“MINNEAPOLIS, Nov. 14, 2018 /PRNewswire/ — Revel, a leading health action platform, announced today it has experienced significant growth in 2018, more than doubling its staff and adding new leadership to its executive team. The company has named Kurt Cegielski to the role of Senior Vice President, Client Success and Ryan Schoenecker as Senior Vice President, Sales & Marketing. Schoenecker and Cegielski previously worked in senior leadership positions at RedBrick Health, a successful Minnesota-based healthcare organization. Both Schoenecker and Cegielski will work closely with Revel CEO Jeff Fritz and President Kyle Gunderson.”

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