Tim Penny, former congressman, to retire from Southern Minnesota Initiative Foundation

Tim Penny, former congressman, to retire from Southern Minnesota Initiative Foundation

ROCHESTER — Tim Penny is retiring as president and CEO of the Southern Minnesota Initiative Foundation after serving in the post for 18 years, the organization announced. Penny will likely step down in May, as the process to find a successor is just getting started, an official said. Under Penny’s leadership, the foundation supported efforts in early childhood development, small businesses and economic growth across southern Minnesota throug…

Penny to retire from southern Minnesota nonprofit

OWATONNA — Former U.S. Rep. Tim Penny plans to retire later this year from the economic development foundation he’s helmed for close to two decades.

Former congressman Tim Penny to retire from southern Minnesota nonprofit

Penny plans to transition away from the Southern Minnesota Initiative Foundation over the next few months as its board picks a new CEO.