By Kevin Allenspach
Originally ran: January 18, 2015
For 10 years, Times Media has asked Central Minnesotans to nominate its top business leaders under 40 years old.
When the first class was announced in 2005, this year's group was just out of college and taking the first steps in careers that have already brought them into important positions.
One is a small business owner and chair of the board for the St. Cloud Area Chamber of Commerce. Two work in finance, including a principal for one of the area's most prominent accounting firms and a financial adviser with more than $100 million in assets under management. And two work to make a difference for nonprofits, including the manager of a large family counseling center and a program specialist battling childhood obesity.
The 2015 5 Under 40 winners are Jamie Henkemeyer, Dawn Moen, Amber Morrighan, Kris Nelson and Matt Nikodym. Their names are added to a list that now includes 50 people recognized as shaping the future of business in the area. They all got there by being leaders in their field, spearheading innovation, working in new or emerging markets and serving in the community.
"It's our way of contributing to the growth and development of our future leaders," Times Publisher Melinda Vonderahe said in a statement. "The individuals that receive this award will be the ones that ensure Central Minnesota continues to thrive and prosper for generations to come. By recognizing these leadership traits and characteristics, it helps to reinforce the behavior, retain these people in our marketplace and encourage more of this proactive generosity of time and talent in our region. It's also to thank them for everything they do."
A St. Cloud landmark went up in flames after lightning struck Roosevelt Education Center late June 15.
St. Cloud-based Coborn's Inc. breaks ground in September for a new headquarters building along Heatherwood Road near Interstate Highway 94.
A year after a data security breach, Target stock was ending 2014 in record territory with shares at more than $75.
By the end of the year, the U.S. economy has posted its best six months since 2003.
Global crude prices fell to around $56 per barrel from the year's high of $115 because of more production, especially in the U.S.
In the U.S. alone, automakers recalled more than 60 million cars and trucks. That far surpasses the previous record of 30.8 million in 2004.
PC sales slumped, but mobile phone subscriptions were approaching 7 billion.
Janet Yellen became the first woman to lead the Federal Reserve.
Initial public offerings had their biggest year since 2000. Health care companies made up 37 percent of all IPOs in the U.S., nearly double the level in 2013.
Source: Times archive