Twin Cities Business has named former Profits Journal publisher and Business Journal managing editor Dale Kurshner to replace longtime editor Jay Novak. Novak is also publisher; Shelly Elmore, now associate publisher, takes that top job.

I remember Kurschner as a dogged reporter in his Journal days (we worked for the same ownership when I was at the Twin Cities Reader) and a dogged entrepreneur at Profits Journal, an entrepreneur-focused magazine that succumbed to the dot-com bust in the early 2000s.

MSP Communications boss Gary Johnson says Kurschner’s entrepreneurial spirit and journalism chops are a rare combination; I say it will be fun to see what Dale can do with a bigger bankroll.

That said, TCB defines itself as the “an ally of Minnesota business, providing editorial that supports the development of successful entrepreneurial and corporate enterprises in Minnesota,” so I don’t know that we’ll see head-rolling investigations. Kurschner has filled the ally role, too, working in corporate communications for Lawson Software and United Health’s OptumHealth subsidiary.

Update: Just got off the phone with Novak, who told me he’ll not only be working with a local hedge fund, but helping a for-profit effort building schools in India. He’ll also likely write a column for the magazine. He also told me he’s a new MinnPost board member (since July) so here’s your conflict-of-interest alert.

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