ACG Minnesota Announces December 2007 Meeting Featuring Joel Ronning, CEO of Digital River.The Association for Corporate Growth (ACG ACG American College of Gastroenterology; angiocardiography; apexcardiogram. AcG accelerator globulin (coagulation factor V). AcG accelerator globulin (clotting factor V). ) Minnesota Chapter invites all members of the Minneapolis/St. Paul media to attend this month's chapter meeting honoring Digital River, ACG Minnesota's Emerging Corporate Growth Award Winner. Joel Ronning, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , will accept the award on behalf of Digital River and provide insight into their growth and success. Digital River has grown from an Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the start-up Start-up The earliest stage of a new business venture. in 1994 to a company recognized as a leading provider of global e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. solutions. Today, Digital River not only manages half of the digital downloads  The perspective and/or examples in this article do not represent a world-wide view. Please [ edit] this page to improve its geographical balance. for
the software market, but has grown into new and complementary markets,
including high-tech manufacturing and consumer electronics. In 2007, the
company's e-commerce infrastructure is expected to handle well over
$2 billion in online transactions on behalf of its clients.
A leader in high-tech, high-growth markets, Digital River has shown impressive growth, nearly doubling its revenues from $154.1 million in 2004 to $307.6 million in 2006. In the same period, cash and investments grew nearly 115 percent, from $292.1 million to $625.9 million. In addition, Digital River has significantly extended its international sales base, with international markets accounting for nearly 42 percent of sales in 2006, up from approximately 31 percent at the close of 2004. Ronning is founder, chairman of the board of directors and CEO of Digital River. Ronning launched Digital River in 1994 with a vision to use the Internet instead of mail to deliver software. Ronning has also successfully launched two other Minnesota companies List of Minnesota companies includes notable companies that are, or once were, headquartered in Minnesota. 0–9
Meeting Details Tuesday, December 18, 2007 - 11:30 AM-1:30 PM ACG Minnesota Lunch Meeting 50th Floor IDS Center 80 South Eighth Street Minneapolis, MN 55402 Please visit www.marquettehotel.com/location.htm for directions. For more information on this event and our panelists, please visit the ACG Minnesota Web site at www.acg.org/minnesota/. Media Registration Members of the media are invited to attend the event this month at no cost. Please register your attendance at www.acg.org/minnesota, click on "register for this event now" and choose the "offline" method of payment. Mark Your Calendar: Upcoming ACG Minnesota 2007 Calendar Events January < Tuesday, January 15 ACG Monthly Luncheon - The Mosaic Company About ACG Minnesota The Association for Corporate Growth provides members with practical information to develop sound corporate growth decisions. ACG emphasizes top-quality performance, high earnings and well-founded corporate value. Diverse business professionals formed the Minnesota chapter over 35 years ago and membership now exceeds 280 executives. Members count on an extensive peer network where they can test and exchange ideas. All meetings feature speakers who offer provocative perspectives and prompt creative thought about daily challenges in the business world. Members' skills are advanced and they typically come from these backgrounds: * Top executives in their operating company operating company A business that engages in transactions with outsiders. divisions of administration, finance, development and planning * Principals in professional service firms such as attorneys, accountants and deal makers all specializing in mergers and acquisitions * Financiers including venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , bankers and equity investors Visit http://www.acg.org/minnesota for more information on ACG Minnesota. |
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