Bremer Bank may be sold, after controlling trust splits with management over its future

The National Committee for Responsive Philanthropy in 2014 sent a letter to then-Minnesota Attorney General Lori Swanson saying the three trustees violated “many principles of good governance” by removing an executive director, taking control themselves and raising their compensation by large amounts in a short time.

“I don’t think ‘Mr. Bremer’ would envision this level of compensation,” Aaron Dorfman, the committee’s executive director, said in 2014.

Read the entire article in the Star Tribune.