Sector: Financials
Director information for ALERUS FINANCIAL CORP (data for year 2026)
| Name | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
| Daniel E. Coughlin | Chairman | 63 | ["Managing Director and Co-Head of the Financial Services Practice at Raymond James & Associates", "Chairman and CEO of Howe Barnes Hoefer & Arnett", "Experience with the Federal Reserve Bank of Chicago", "Over 40 years of financial services experience", "Knowledge in strategic planning, risk management, mergers and acquisitions, and capital formation"] | ["Nominating and Corporate Governance", "Audit"] | 2026 |
| Galen G. Vetter | Director | 74 | ["Varied and broad board of director experience", "Retired CPA with an extensive background", "Executive-level positions at Franklin Templeton Investments and RSM", "Leadership responsibilities for financial management and information technology", "Oversight of accounting, financial compliance, and filings", "Holds a Bachelor of Science degree with an accounting emphasis from the University of Northern Iowa", "Qualified to serve as the Audit Committee\u2019s financial expert"] | ["Audit (Chair)", "Compensation"] | 2026 |
| Janet O. Estep | Director | 69 | ["former Chief Executive Officer and President of Nacha", "Executive Vice President of U.S. Bank\u2019s Transaction Services Division", "led sales and marketing teams of Pace Analytical", "general manager of Pace Analytical's major environmental lab location", "extensive technology knowledge through many field and headquarters positions with IBM", "over 35 years as an accomplished executive with experience in financial services and technology"] | ["Nominating and Corporate Governance", "Risk"] | 2026 |
| Jeffrey W. Bolton | Director | 70 | ["Independent consultant for health services and economic development firms since February 2022", "CEO of Bolton Advisory, LLC", "Chief administrative officer of the Mayo Clinic from 2013 to 2021", "Chief financial officer of the Mayo Clinic from 2002 to 2013", "Held various business and finance-related positions at Carnegie Mellon University, including chief financial officer and vice president for business and planning", "Chair of the board of Enhabit Home Health and Hospice", "Previously served on the board of directors of HMN Financial, Inc."] | ["Compensation", "Audit"] | 2026 |
| John Uribe | Director | 58 | ["Current Chief Financial Officer at Blue Cross and Blue Shield of Minnesota since 2022", "Vice President of Corporate Development and Interim Treasurer since 2012", "Various finance leadership roles at RedBrick Health, GE Commercial Finance-Fleet Services, Schwann\u2019s, and General Mills", "Board member of the Bakken Museum", "Bachelor\u2019s degree in accounting and an MBA in finance and international business from Indiana University Bloomington", "More than 30 years of financial and strategic leadership experience"] | ["Audit", "Risk"] | 2026 |
| Katie A. Lorenson | President and Chief Executive Officer | 45 | ["seasoned executive with extensive experience overseeing financial service organizations", "product and services management", "formerly Chief Financial Officer at MidWestOne Financial Group, Inc.", "formerly Chief Financial Officer for Central Bancshares, Inc.", "Manager on the Financial Institutions Team for RSM"] | [] | 2026 |
| Mary E. Zimmer | Director | 63 | ["Former Regional President for Wells Fargo Advisors\u2019 wealth management business", "Led the Northern Region covering ten states", "Launched and led WFA\u2019s Diverse Client Segments team", "Held leadership roles at Royal Bank of Canada U.S. Wealth Management", "Licensed CPA at Arthur Young", "B.A. in Business and Accounting from University of Saint Thomas", "M.B.T. in Business Taxation from University of Minnesota \u2013 Carlson School of Management", "Over 35 years of experience in financial services"] | ["Compensation", "Nominating and Corporate Governance"] | 2026 |
| Nikki L. Sorum | Director | 65 | ["40 years of experience as a leader in the financial services industry", "Executive at Thrivent for two decades, including leading Sales and Distribution from 2020 until 2023", "Senior Vice President roles at RBC Wealth Management", "Partner at McKinsey & Co. in London, Chicago, and Minneapolis", "Board member of Foresters Financial (member of Audit Committee and Risk and Investments Committee)", "Bachelor\u2019s degree in economics from the University of Minnesota Twin Cities and an MBA from Harvard Business School", "Deep experience in wealth management services, talent management, strategic planning, and leadership"] | ["Compensation", "Risk"] | 2026 |
| Randy L. Newman | 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 |
