Christopher & Banks Corp., Plymouth, announced that Pete Michielutti, executive vice president, chief operating officer and chief financial officer has resigned effective July 14 to accept an undisclosed position.
Michielutti has been with the specialty retailer for the past five years. His resignation comes almost six months after the termination of CEO LuAnn Via in January.
Capella Education Co. director resigns
Capella Education Co., Minneapolis, announced that director Matthew Ferguson has resigned from the board due to professional commitments. Ferguson who served on the audit, finance and executive committees, has been a director since 2014.
General Mills declares dividend increase
General Mills Inc., Golden Valley, announced a quarterly dividend of 49 cents per share, payable August 1, to shareholders of record on July 10. The previous dividend was 48 cents per share and is the 13th dividend increase in the past 10 years.
Select Comfort adds space to new HQ
Select Comfort Corp., Plymouth, has an amended lease agreement that adds more space to its new headquarters at 1001 3rd Av. S. in downtown Minneapolis. The original agreement called for 211,000 square feet of space; the company will now get 238,000 square feet of space.