ALERUS FINANCIAL CORP (ALRS)
Sector: Financials
Named Executive Officers
Compensation data for top executives (showing up to 3 years of data)
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Katie A. Lorenson President and Chief Executive Officer | 2025 | $625,000 | $0 | $437,500 | $484,688 | $0 | $0 | $1,630,180 |
| 2024 | $600,000 | $0 | $360,000 | $343,200 | $0 | $0 | $1,339,540 | |
| 2023 | $550,000 | $64,625 | $275,000 | $173,250 | $0 | $0 | $1,093,405 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Jim R. Collins Executive Vice President and Chief Banking and Revenue Officer | 2025 | $465,000 | $0 | $186,000 | $262,260 | $0 | $0 | $967,397 |
| 2024 | $445,000 | $0 | $178,000 | $185,120 | $0 | $0 | $841,886 | |
| 2023 | $422,212 | $40,420 | $124,500 | $0 | $108,360 | $30,530 | $726,022 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Karin M. Taylor Executive Vice President and Chief Operating Officer | 2025 | $405,000 | $0 | $162,000 | $228,420 | $0 | $0 | $848,787 |
| 2024 | $378,000 | $0 | $151,200 | $157,248 | $0 | $0 | $721,517 | |
| 2023 | $422,212 | $40,420 | $124,500 | $108,360 | $0 | $0 | $726,022 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Forrest R. Wilson Executive Vice President and Chief Retirement Services Officer | 2025 | $390,000 | $0 | $156,000 | $219,960 | $0 | $0 | $816,197 |
| 2024 | $317,307 | $150,000 | $325,000 | $130,000 | $0 | $0 | $949,387 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Alan A. Villalon Executive Vice President and Chief Financial Officer | 2025 | $360,000 | $0 | $162,000 | $203,040 | $0 | $0 | $768,688 |
| 2024 | $345,000 | $0 | $138,000 | $143,520 | $0 | $0 | $661,479 |