Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A 91-Year-Old Firm's COO Passes the Reins Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, April 28, 2022

A 91-Year-Old Firm's COO Passes the Reins

Reported by Neil Anderson, Managing Editor

A 91-year-old, 43-employee, $11.5-billion-AUM (as of March 31), employee-owned, Midwestern mutual fund firm's operations chief is passing the reins and preparing to say goodbye.

Melissa M. Gilbertson
Mairs & Power, Inc.
Chief Operating Officer
Today, Mark Henneman, chairman and CEO of Mairs & Power, Inc. [profile], confirms that Melissa Gilbertson, a 14-year company veteran, took over as the St. Paul, Minnesota-based company's chief operating officer on April 15. Gilberston succeeded Andrea Stimmel,a 17-year company veteran who is expected to retire from the firm on May 6.

Henneman thanks Stimmel for making "huge contributions" to Mairs & Power's operations. And Henneman lauds Gilberston for her "operations and project management mindset."

Gilbertson joined Mairs & Power back in 2007 as assistant vice president and investment advisory services manager, then shifted to information technology and trading manager in 2019. Earlier, she worked with UnitedHealth Group, Fairview Health Services, and Pension Solutions, Inc. She is an alumna of the University of St. Thomas in Saint Paul and of the University of Minnesota.

Stimmel joined Mairs & Power back in 2004 as accounting, and she later rose to operations director and treasurer, chief compliance officer, and (in 2018) COO. Earlier, she worked as an audit manager at Target and Ernst & Young. She is an alumna of the University of Wisconsin-Eau Claire and of Lafayette College. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use