After keeping their compensation mostly flat in 2020, Mayo Clinic gave its executives big raises in 2021, with 26 employees earning more than $1 million.
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Rochester, MN • On April 26th, 2022, HMN Financial, Inc.’s Board of Directors elected Jeffrey W. Bolton to its board, filling a vacancy that arose earlier this year. Mr. Bolton served as Chief Administrative Officer for Mayo Clinic from 2013 and as a member of the Mayo Clinic Board of Governors from 2011 until his retirement from both positions in November 2021. He joined Mayo Clinic in 2002 as its Chief Financial Officer. Previously, he held various finance-related positions at Carnegie Mellon University, including Chief Financial Officer and Vice President of business and planning. He currently serves on the boards of Resoundant, Inc., M. Lee Pearce Foundation and on the board of regents of St. Olaf College. He has previously served on the Mayo Clinic Board of Trustees, and the boards of Vizient, Inc., and Destination Medical Center Economic Development Agency. “Jeff Bolton brings a wealth of experience to our organization in terms of financial management, regulatory compliance