Bill Stoeri, with Dorsey & Whitney. Courtesy photo Expense Cuts, Early Planning Fueled Dorsey & Whitney's 2020 Profit Jump
"We looked to where we could make cuts on the personnel side and do it once—not have multiple rounds," managing partner Bill Stoeri said.
February 17, 2021 at 03:27 PM
4 minute read
Pointing to early planning for pandemic response, as well as reduced expenses and personnel cuts as primary drivers, Minneapolis-based Dorsey & Whitney saw a huge increase in profitability in 2020, as well as strong revenue growth.
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