Economic Development

Culver to retire from MGIC

MGIC Investment Corp. announced that Curt Culver will retire as chief executive officer, effective March 1.

Storage Systems Midwest acquires Babush

Storage Systems Midwest Inc., a Waukesha-based provider of materials storage solutions for commercial and industrial companies throughout the United States, has acquired Sussex-based Babush Material Handling Systems Inc.

Money moves

Dan Burzynski, EA, has been promoted to tax supervisor at Komisar Brady. He has been in the company’s tax...

Roundy’s CFO leaves for Rite Aid

Milwaukee-based Roundy's Inc. announced that its chief financial officer and executive vice president, Darren Karst, will leave the company to join Rite Aid Corp.

Doyle promoted at North Shore Bank

Susan Doyle has been named senior vice president of retail banking at Brookfield-based North Shore Bank.

Area firms ranked in Financial Times Top 300

Five Wisconsin firms were recently recognized in a Financial Times Top 300 listing, including Elm Grove-based Annex Wealth Management, Milwaukee-based Cleary Gull, Milwaukee-based Diversified Management Inc. and Milwaukee-based Sadoff Investment Management.
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Artisan reports 29% revenue increase

Milwaukee-based Artisan Partners Asset Management Inc. reported second quarter net income of $19.3 million, or 42 cents per share, up from $5.7 million, or 38 cents per share, in the second quarter of 2013.

WaterStone Bank names three new leaders

Wauwatosa-based WaterStone Bank has named two community president and an assistant vice president.

Midwest deal value has already surpassed 2013

Midwest mergers and acquisitions deal value over the first half of 2014 has already surpassed the value of deals for all of 2013, according to a recent report from MergerMarket.

Regional banks report mixed results for quarter

Three regional banks with a strong presence in the Milwaukee market reported mixed results in their second quarter earnings reports.

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