For Immediate Release
ST. PAUL, MN – Commissioner Mike Rothman today welcomed several new leadership staff to the Minnesota Department of Commerce, and promoted several internal candidates to leadership posts within the Department. Commissioner Rothman, who last year implemented a strategic reorganization of the Commerce Department, said the leadership team he has assembled represents some of the best and brightest in state government.
“I am pleased to announce a strong group of experienced leaders who will help accomplish the strategic goals and mission of the Department,” said Commissioner Rothman. “Working together, we are focused on protecting the public interest, delivering a valuable service to Minnesota consumers and businesses, and regulating the marketplace with fairness and integrity.”
Assistant Commissioner Tim Vande Hey
Commissioner Rothman has appointed Tim Vande Hey to lead the Commerce Department’s Insurance Division as Assistant Commissioner. Vande Hey previously served the Wisconsin Office of the Commissioner of Insurance for 14 years, including ten years as an advanced insurance financial examiner and four years as special assistant deputy rehabilitator.
In his new role, Assistant Commissioner Vande Hey will oversee all functions of financial regulation of insurers in Minnesota, including financial analysis, field examinations, actuarial and insurance company licensing. The Insurance Division also provides organizational oversight of domestic insurers and their holding companies.
Vande Hey brings significant regulatory experience to the Insurance Division, with extensive experience in mergers, acquisitions, licensing, liquidations, and rehabilitation. He has served as chair of the National Association of Insurance Commissioners (NAIC) Financial Analysis Handbook Working Group and Financial Analysis Research and Development Working Group. Vande Hey has a Bachelor of Science degree from Edgewood College in Madison with a double emphasis in Accounting and Business.
Deputy Commissioner Steve Carlson
Steve Carlson, who has served as Deputy Commissioner of Administration since February 2011, will now serve as Deputy Commissioner and Chief of Staff for the Minnesota Department of Commerce. In his new role, Carlson will assist Commissioner Rothman in overseeing the daily operations of the Department, its staff, and regulatory responsibilities.
Steve Carlson is an experienced attorney and manager with background in finance, commerce, and economic development. Carlson has spent more than 33 years in legal practice, including six in service to the United States Government. He previously chaired the Banking and Commercial Department at Dorsey & Whitney LLP, a business law firm headquartered in Minneapolis.
During his 25 years at Dorsey & Whitney, where he was a partner, Carlson also led the firm's Financial Services Regulatory Practice Group and the International Practice Group, among other management positions. His practice primarily focused on financial and commercial matters.
Carlson is the current chair of the American Swedish Institute Board of Trustees, and he has served as president of the Board of Directors for Advocates for Human Rights. In addition, Carlson was director of the City of Edina Art Center and led Dorsey & Whitney's Pro Bono practice.
Carlson received a Bachelor of Arts degree from Yale University and a law degree from Columbia University School of Law.
Deputy Commissioner William Horlitz
Commissioner Rothman has appointed William Horlitz to serve as Deputy Commissioner of the Financial Institutions Division. Horlitz has served as acting Deputy Commissioner since December 2011. As Deputy Commissioner, Horlitz will oversee the licensing and regulation of state-chartered financial institutions, including Minnesota’s state chartered banks, thrift companies, credit unions, trust companies, finance companies, mortgage licensees, and other licensees.
Deputy Commissioner Horlitz previously served as Assistant Commissioner of Financial Institutions from 2002 to 2011. In that role, Horlitz was responsible for the on-site examination and monitoring of the financial condition of state-chartered banks, credit unions, thrift companies, and finance and mortgage companies. Horlitz’s experience includes 29 years with the FDIC, where he spent ten years as a bank examiner in the Midwest and 19 years as a field manager. Horlitz served on the faculty of the FDIC Training Center, teaching advanced examination and bank analysis concepts.
Horlitz is a graduate of Mankato State College, the University of Minnesota, and the University of Wisconsin, Graduate School of Banking.
Director of Administrative Services Tim Jahnke
Commissioner Rothman has chosen Tim Jahnke to assume the role of Director of Administrative Services. Jahnke, who has served as the Department’s Chief Financial Officer for the last 4 years, will retain his responsibilities as CFO. He will also be responsible for managing the administrative and human resources functions of the Commerce Department, as well as overseeing the Weights and Measures and Petrofund units.
Jahnke has served the financial management division of the Commerce Department since 2005. Prior to joining the Department, Jahnke served as an executive budget officer for Minnesota Management and Budget where he assisted state agencies in preparing operating and capital budget requests for inclusion in the Governor’s budget. He has also served in accounting roles at the Departments of Administration, Transportation, and the Board of Animal Health.
Jahnke is a graduate of Minnesota State University, Mankato where he earned a Bachelor of Science degree in accounting.
Insurance Fraud Division Director Robert Hernz
Commissioner Rothman has chosen former Golden Valley Chief of Police Robert Hernz to lead the Department’s Insurance Fraud Division. Hernz, who has more than 36 years of experience in law enforcement, will serve as the Chief Law Enforcement Officer for the Insurance Fraud Division and manage the administrative and investigative functions of the Division.
Prior to joining the Commerce Department, Hernz served as Assistant Director of Minnesota Justice Information Services at the Minnesota Department of Public Safety’s Bureau of Criminal Apprehension. He served the City of Golden Valley in a law enforcement role for more than 31 years. Before being appointed Chief of Police in 2002, Hernz served the city as an on-call firefighter, patrol officer, detective, and sergeant. He also served as School Board Director for the Robbinsdale Area School District from 1998 to 2002. During his service to the city, Hernz received the Golden Valley Medal of Merit and the Golden Valley Police Officer of the Year Award.
Hernz is a graduate of Metropolitan State University, where he earned a Bachelor of Arts degree in Public Administration. He also holds an Associate of Arts degree from the University of Minnesota.