Coborn's names Shaw CFO

Jim Shaw

Shaw, who will report to president, CEO and chairman Chris Coborn, inherits a position left vacant when Tom Velin resigned several months ago, reports said.

Shaw will direct and oversee all aspects of the St. Cloud, Minn., company’s financial operations, IT and loss control. Shaw has spent the last 25 years earning and honing his senior financial skills, Coborn's said. He has significant experience in aligning finance groups to support critical company objectives; leveraging technology to build sustainable, efficient processes; and navigating capital markets, mergers and acquisitions, and treasury management.

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Most recently, Shaw spent 12 years at Donaldson Co. where he worked in several financial roles, including CFO. Prior to that, he spent 13 years in public accounting for Deloitte, Arthur Andersen, and Schreier, Kosbab, Cornell, Kahler. Shaw has a bachelor's degree in accounting from St. John’s University.