Advantage Magazine | November 2021

Newsreel N Newsreel

Updates from the Chamber member community.

Epp Appointed New VP of Insurance Think Bank is pleased to announce that Steve Epp has accepted the position of Vice President of Insurance. Steve is an experienced leader with strong insurance and financial industry knowledge, a passion for providing exceptional customer care, and a proven ability to inspire others. New Director of Economic Development Rochester Area Economic Development, Inc. (RAEDI) announced the hiring of Kirk Bustrom to the position of Director of Economic Development. He most recently worked for Northwest Bank & Trust Company as Assistant Vice President for their Economic Development Division.

New Hire at RSP Architects Rochester We are pleased to announce that Amber Frandrup has joined RSP Architects’ Rochester office. An interior designer with eight years of broad experience, Amber will focus on advancing RSP’s work in the healthcare, corporate and dental sectors.

Trust Department Receives Recognition The Merchants Bank Trust Department has been recognized as a Premier Partner by investment management partner BTC Capital Management for the department’s growth, according to Masood Dehnavifar, Trust Department Manager (pictured).

New Sales Manager Announced The North Rock Hospitality Group has appointed Matthew Schimek as Sales Manager for their hotel portfolio, including the Home2 Suites by Hilton and TownePlace Suites by Marriott both in Rochester, Minnesota. He will report to Area Director of Sales, Andy Thilges. Olmsted County Receives Aaa Rating Despite economic uncertainties and other challenges due to the pandemic, in 2021, Olmsted County once again received an Aaa credit rating (with a stable outlook) – the highest possible rating – from Moody’s Investors Service. The rating designation equates to significant taxpayer savings.

New Senior Director of Economic Development Destination Medical Center Economic Development Agency (DMC EDA) today announced the appointment of Michael Flynn to the position of Senior Director of Economic Development. He previously held the position of Chief Operating Officer at the Economic Development Corporation of Utah (EDCUtah).

Pederson Promoted Nick Pederson was promoted to Vice President/Commercial Banker at Merchants Bank , where he has been since 2016. His supervisor, Dan Nistler shares, ”[u]nderstanding his client’s businesses is important to Nick, and he believes in being a true partner for their growth and success.” Learn more at merchantsbank. com/rochester.

Does your company have a new hire, recent promotion, or recognition to announce? Submit your Newsreel to Katie Becker at kbecker@rochestermnchamber.com.

| Advantage Magazine 20

November 2021

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