Alerus Financial

Alerus Financial

ALRS· Finance· Fiscal year ends in December

CEO pay in FY2024Stock -14.1% in FY2024

Katie A. Lorenson is the CEO of Alerus Financial and was paid $1.3M in FY2024 (Dec).

Pay$100 in the stock at the end of FY21 → $70
CEO pay is from each Alerus Financial proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Katie A. LorensonFY2024
  2. 2Forrest R. WilsonFY2024
  3. 3Jim R. CollinsFY2024
  4. 4Karin M. TaylorFY2024
  5. 5Alan A. VillalonFY2024

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Pay

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Alerus Financial paid its 5 named executives $4.5M in total in FY2024 (Dec). CEO Katie A. Lorenson was paid $1.3M of that.

Name
Katie A. LorensonPresident and Chief Executive Officer
Forrest R. WilsonExecutive Vice President and Chief Retirement Services OfficerNot disclosed
Jim R. CollinsExecutive Vice President and Chief Banking and Revenue OfficerNot disclosed
Karin M. TaylorExecutive Vice President and Chief Operating Officer
Alan A. VillalonExecutive Vice President and Chief Financial OfficerNot disclosed

of each named executive, from the Summary Compensation Table of each proxy.

Peers16

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The FY2025 (Dec) proxy of Alerus Financial names 16 peer companies for pay. Among Alerus Financial and these peers, CEO pay was 6th highest of 8 and total shareholder return was the lowest of 8.

6th highest of 8in Alerus Financial and its pay peers, FY2025 (Dec) by CEO pay:

$1.5M$2.1M

8th highest of 8in Alerus Financial and its pay peers, FY2025 (Dec) by total shareholder return:

$89$215

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board3

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  • Galen G. VetterDirector · 12 yr on the boardIndependentAudit (Chair), Compensation—Paid as an executive
  • Mary E. ZimmerDirector · 4 yr on the boardIndependentCompensation (Chair), Nominating and Corporate Governance—Paid as an executive
  • John UribeDirector · 2 yr on the boardIndependentAudit, Risk—Paid as an executive

The board of the latest proxy (FY2025).

Activity

No new filings about this company in the feed.

Filings6

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Proxy statementDEF 14AApr 1, 2026FY2025
Annual report10-KMar 4, 2026FY2025
Proxy statementDEF 14AMar 28, 2025FY2024
Annual report10-KMar 14, 2025FY2024
Proxy statementDEF 14AMar 25, 2024FY2023
Annual report10-KMar 8, 2024FY2023
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