Director Jill Schurtz resigns from Alerus board to avoid conflict of interest

ALERUS FINANCIAL CORP

Jill Schurtz resigned effective September 30, 2022.
Reason: new role as Executive Director and CIO of Minnesota State Board of Investment.
Resignation not due to disagreement with company operations or policies.
No replacement announced; board composition changed.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jill Schurtz

director

ALRS · ALERUS FINANCIAL CORP

Effective: 2022-09-30
Filed: October 5, 2022, 7:59 PM ET

On September 30, 2022, Jill Schurtz notified Alerus Financial Corporation (the “Company”) of her decision to resign as a member of the Company’s board of directors, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jill Schurtz resigned as director at ALERUS FINANCIAL CORP.

Action: resigned
Role: director

Exact text from the filing

On September 30, 2022, Jill Schurtz notified Alerus Financial Corporation (the “Company”) of her decision to resign as a member of the Company’s board of directors, effective immediately.

View on SEC.gov

ALERUS FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-22-106301

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.