Quam quits gig to help husband Entenza run for governor

Quam says: "I realized that I needed to let the business spread its wings and expand. At the same time, I'm deeply committed to being alongside Matt as he campaigns for governor."

November 24, 2009 at 4:12AM

Over on our news side, Thomas Lee has the story:

In a surprise move, health care guru Lois Quam is relinquishing control of the advisory firm she launched just seven months ago, freeing the former UnitedHealth Group executive to help her husband run for governor.

Quam, founder of Tysvar LLC in St. Paul, said Monday she will step down as CEO and surrender her equity stake in the company so she can work on husband Matt Entenza's gubernatorial campaign. Entenza, a Democrat, is a former House Minority Leader. Quam will remain a non-executive chairwoman of the company and retain a symbolic $1 annual salary.

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