Director Michael Mathews resigns from Alerus board to avoid conflict from new role

ALERUS FINANCIAL CORP

Mathews notified resignation on Feb 14, 2024, effective immediately.
Resignation to avoid conflict of interest from accepting a position at an investment banking organization owned by a regional bank.
No disagreement with Alerus' operations, policies, or practices cited.
Board seat vacancy created; no replacement announced.

item 5.02

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Departed

Michael Mathews

member of the board of directors

ALRS · ALERUS FINANCIAL CORP

Effective: 2024-02-14
Filed: February 16, 2024, 6:59 PM ET

On February 14, 2024, Michael Mathews notified Alerus Financial Corporation (the “Company”) of his decision to resign as a member of the Company’s board of directors, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Mathews resigned as member of the board of directors at ALERUS FINANCIAL CORP.

Action: resigned
Role: member of the board of directors

Exact text from the filing

On February 14, 2024, Michael Mathews notified Alerus Financial Corporation (the “Company”) of his decision to resign as a member of the Company’s board of directors, effective immediately.

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ALERUS FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-24-024895

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