Gary L. Tygesson
PEOPLE

Gary L. Tygesson

Partner
tygesson.gary@dorsey.com

Overview

GARY HELPS CLIENTS ACCESS THE CAPITAL MARKETS TO ACHIEVE THEIR FINANCING OBJECTIVES AND ADVISES ON CORPORATE GOVERNANCE, SHAREHOLDER ACTIVISM AND SEC COMPLIANCE MATTERS. 

Gary is Co-Chair of Dorsey’s Capital Markets and Corporate Compliance Group with extensive experience advising public companies on a wide range of securities financing, reporting and compliance matters. Gary also regularly advises clients and their Boards of Directors with respect to corporate governance, SEC compliance, public company disclosure, shareholder activism and executive compensation.  Gary served as Co-Chair of the firm-wide Corporate Group from 1997 to 2002 and as a member of the Firm's Management Committee from 1997 to 2002. 

Education & Admissions

Northwestern University School of Law (J.D., 1980), Editor, Northwestern University Law Review

Northwestern University (B.A., Political Science, 1977), Phi Beta Kappa

Admissions

  • Minnesota

Experience

Representative Clients

  • General Mills, Inc.          
  • Otter Tail Corporation           
  • SUPERVALU INC.
  • Carlson, Inc.

Representative Transactions

  • $100 million private placement of 4.07% Series 2018A Senior Unsecured Notes due 2048 issued in February 2018 for Otter Tail Power Company.
  • $400 million 3.50% Notes due 2024 and $600 million 3.75% Notes due 2027 issued in November 2017 for Carlisle Companies Incorporated.
  • €300 million Floating Rate Notes due 2019 issued in March 2017 for General Mills, Inc.
  • $750 million 3.20% Senior Notes due 2027 issued in January 2017 for General Mills, Inc.
  • Contested proxy election for Buffalo Wild Wings, Inc. in 2017.
  • $415 million 6.75% Senior Secured Notes due 2023, €330 Floating Rate Senior Secured Notes due 2023 and $250 million 9.50% Senior Notes due 2024 issued in private placement in December 2016 for Carlson Travel, Inc.
  • $80 million private placement of 3.55% Guaranteed Senior Notes due 2026 issued in December 2016 for Otter Tail Corporation.
  • $250 million investment in Merricourt Wind Farm for Otter Tail Power Corporation in November 2016.
  • €500 million Floating Rate Notes due 2020 issued in January 2016 for General Mills, Inc.
  • $75 million at-the-market equity program for Otter Tail Corporation commenced in May 2015.
  • €500 million 1.00% Senior Notes due 2023 and €400 million 1.50% Senior Notes due 2027 issued in April 2015 for General Mills, Inc.
  • Contested proxy election for Imation Corp. in 2015.
  • $350 million 7.75% Senior Notes due 2022 issued in November 2014 for SUPERVALU Inc.
  • $500 million 1.40% Senior Notes due 2017 and $500 million 2.20% Senior Notes due 2019 issued in October 2014 for General Mills, Inc. 
  • $250 million Floating Rate Notes due 2016 and $500 million 3.65% Senior Notes due 2024 issued in January 2014 for General Mills, Inc. 
  • €500 million 2.10% Senior Notes due 2020 issued in November 2013 for General Mills, Inc. 
  • $250 million of tack-on Floating Rate Notes due 2016 issued in October 2013 for General Mills, Inc. 
  • $400 million Rule 144A offering of 6.75% Senior Notes due 2021 issued in May 2013 for SUPERVALU Inc. 
  • Tender Offer for 8.00% Senior Notes due 2016 in May 2013 for SUPERVALU Inc. 
  • $250 million 0.875% Notes due 2016, $250 million Floating Rate Notes due 2016 and $500 million 4.15% Senior Notes due 2043 issued in January 2013 for General Mills, Inc. 

News & Resources

Articles

Equifax Data Breach: Preliminary Lessons for the Adoption and Implementation of Insider Trading Policies
Equifax Data Breach: Preliminary Lessons for the Adoption and Implementation of Insider Trading Policies
The Era of Private Ordering for Corporate Governance
The Era Of Private Ordering For Corporate Governance
The Era of Private Ordering for Corporate Governance
Disclosure Alert: Transitional Disclosure on Revenue Recognition Standards
Disclosure Alert: Consider Transitional Disclosure on Revenue Recognition Standard
Recent Developments in Proxy Access
2016 Proxy Season Review: Shareholder Proposals
INSIGHTS: Corporate Securities Law Advisor, Board Refreshment
SEC Issues Guidance to Tighten Use of Non-GAAP Financial Measures
Board Refreshment: Investors Respond to Trends in Mandatory Retirement Age and Tenure with More Stringent Voting Policies
Companies Accelerate Adoption of Proxy Access as SEC Continues to Grant No-Action Relief
SEC Grants No-Action Relief on Proxy Access Proposals
ISS and Glass Lewis Update Policies for 2016 Proxy Season

News & Press Mentions

IFLR 1000 Recognizes Dorsey Lawyers and Practices
48 Dorsey Lawyers in Minneapolis and Fargo Selected for Inclusion in The Best Lawyers in America 2017 and 2017 Lawyers of the Year
Dorsey Partners Edelman, Marsalek and Tygesson Named BTI 2016 Client Service All-Stars
Dorsey Partner Gary Tygesson Named a Top Lawyer for Client Service
45 Dorsey Lawyers in Minneapolis and Fargo Selected for Inclusion in "The Best Lawyers in America®" 2016 and "Best Lawyers of the Year"
Dorsey & Whitney Named Capital Markets Law Firm of the Year-North America by Lawyers World Law
105 Dorsey Lawyers Selected for Inclusion in The Best Lawyers in America® 2014 and Best Lawyers of the Year

Industries & Practices

  • Capital Markets
  • Corporate Governance & Compliance
  • Electric Power
  • Energy & Natural Resources
  • Food, Beverage & Agribusiness
  • Mergers & Acquisitions

Professional & Civic

Professional Achievements

  • Board of Directors, Executive Committee, Feed My Starving Children
  • Board of Directors, Faith, Hope, and Love Global Ministries
  • Member National Association of Corporate Directors
  • Member Society for Corporate Governance

Accolades

Gary L. Tygesson - Best Lawyers' Lawyer of the Year 2014 - Corporate Governance Law, Minneapolis 

 

  • IFLR1000 Highly Regarded – State, 2018
  • Named Best Lawyers Minneapolis Corporate Governance Lawyer of the Year, 2014
  • Named one of “America’s Leading Business Lawyers” by Chambers USA, 2007-2010
  • Listed in Best Lawyers in America©, 2007-2017
  • Named to BTI Client Service All-Star Team for Law Firms, 2003, 2008 and 2016
  • Named in Who's Who in Legal USA - Corporate Governance, 2006
  • Named a Minnesota Super Lawyer, 2003, 2009-2010

North Star Lawyer logo

  • MSBA North Star Lawyer, 2012-2017
Gary L. Tygesson