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Bremer ousts two trustees from corporate board, but both remain in charge of philanthropy


Bremer ousts two trustees from corporate board, but both remain in charge of philanthropy
Frederick Melo
© Provided by Twin Cities Pioneer Press
The downtown St. Paul Bremer Bank branch is seen in an undated courtesy photo, circa September 2020. (Courtesty of Bremer Bank)
Shareholders with the Bremer Financial Corporation voted Thursday to oust two members of their parent company, the Otto Bremer Trust, one of the state’s oldest philanthropies, from the corporation’s board of directors. The two members were not replaced.
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Instead, the size of what had been a nine-member board was limited to no more than seven members and no fewer than five. ....

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