ALERUS FINANCIAL CORP (ALRS)
Sector: Financials
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
Sector: Financials
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
Director information for ALRS
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
| ALRS | Director | 72 | ["Former President and Chief Executive Officer of the Company", "Taught Corporate Finance and Business Strategy courses at the University of North Dakota", "Director of the Federal Home Loan Bank of Des Moines from 1997 to 2007", "Class A Director of the Federal Reserve Bank of Minneapolis from 2012 to 2018", "Deep experience in the banking industry, strategic planning, mergers and acquisitions"] | ["Risk (Chair)", "Nominating and Corporate Governance"] | 2026 |
Biography sourced from the proxy statement filing.
Mr. Newman , a director of the Company since 1995, joined the Company, formerly First National Bank of North Dakota in 1981, and became its President in 1987 and its Chief Executive Officer in 1995. He served in those roles until he retired on January 1, 2022. Prior to joining the Company, Mr. Newman taught Corporate Finance and Business Strategy courses at the University of North Dakota. He was a director of the Federal Home Loan Bank of Des Moines from 1997 to 2007. Mr. Newman served as a Class A Director of the Federal Reserve Bank of Minneapolis from 2012 to 2018. Mr. Newman received his BSBA in 1975 and his MBA in 1979 from the University of North Dakota. We consider Mr. Newman to be qualified for service on the Board and the committees on which he serves because of his deep experience in the banking industry, strategic planning, mergers and acquisitions and knowledge of the Company gained during his tenure with us as our former Chief Executive Officer.