Lunds & Byerlys names Osborn CFO

Lunds & Byerlys on Friday said it has appointed Pam Osborn to fill the company’s new role of chief financial officer. Osborn will officially join the company Sept. 18.

Osborn has extensive background working with strategic planning and organizational leadership, growth and expansion, financial modeling and analysis, and budgeting and forecasting, Lunds said. As CFO at Lunds & Byerlys, Osborn will oversee finance, human resources and information services, and play a significant role in ensuring the company continues to drive growth and reinvestment.

Osborn most recently served as president and COO at Sherman Associates Inc., a development firm specializing in the design, construction and financing of residential and hotel properties in multiple states. Prior to that she was the chief administrative officer at CSM Corp., a privately held real estate firm. She also served for four years as CFO with grocery retailer Coborn’s Inc.

“Pam has an impressive level of executive-level leadership experience,” Tres Lund, CEO of Lunds & Byerlys, said in a statement. “We’re fortunate to be gaining Pam’s tremendous strategic agility, intellectual horsepower and passion for inspiring and developing teams.”

Osborn received her bachelor’s degree in accounting and economics from Gustavus Adolphus College in St. Peter, Minn., and her master’s degree in finance from the University of St. Thomas in St. Paul, Minn. She earned a certificate in executive leadership from Cornell University in Ithaca, N.Y., and has a bachelor’s degree in project management from Stanford University. Pam also served on the Federal Reserve’s small business advisory group.

Lunds & Byerlys earlier this week said it was seeking approval to build a 47,000-square-foot store in White Bear Lake, Minn. Rival Hy-Vee was previously slated for the same project but dropped out in June citing cost concerns, local reports said.