Bloomington, Minnesota-based Doran Companies has named Ryan Johnson president and chief financial officer of the 14-year-old development, design, construction and property management company.
Johnson joined Doran in 2008 as its senior director of accounting and earned the title of CFO for the company in 2016.
“Adding the title of President to Ryan’s role here is more of a reflection of what he has already been undertaking over the last several years.” Said Anne Behrendt, chief executive officer of Doran Companies. “Ryan is a valued partner, who has done much more than financial oversight, he has helped me run the company in all aspects, and this new title aligns with the contributions he makes daily.”
Johnson’s responsibilities as president and chief financial officer are strategic leadership, financial management, business development and capital markets.
Johnson, an integral part of the company’s rapid growth, acquired majority shares with Behrendt in 2019 and purchased the remaining shares in early 2021, giving him a 49 percent stake in the company. Two years since taking over as majority owners, the company continues its growth through diversification of deal structures to include equity partners and certification as one of Minnesota’s largest women-owned businesses.