---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-026529"
form_type: "8-K"
ticker: "ALRS"
cik: "0000903419"
company_name: "ALERUS FINANCIAL CORP"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:29:56.682098+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alerus appoints Forrest Wilson as EVP & Chief Retirement Services Officer; director Kevin Lemke not seeking reelection

## Summary
- Kevin Lemke will not stand for reelection at 2024 annual meeting; no disagreement with company.
- Forrest Wilson appointed EVP & Chief Retirement Services Officer, effective February 26, 2024.
- Wilson previously SVP of Retirement Plans Sales at Ameritas; over 25 years retirement industry experience.
- Wilson's division serves 8,000+ retirement plans and approximately 474,000 participants nationwide.
- Wilson receives cash signing bonus and sign-on restricted stock vesting over 3 years (Dec 2025-2027).

## SEC filing metadata
- accession: 0001104659-24-026529
- form_type: 8-K
- ticker: ALRS
- cik: 0000903419
- company_name: ALERUS FINANCIAL CORP
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903419/000110465924026529/0001104659-24-026529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903419/000110465924026529/tm246889d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-026529
- JSON: https://secwatch.observer/filing/0001104659-24-026529.json
- Plain text: https://secwatch.observer/filing/0001104659-24-026529.txt

## Key facts
- Executive change
  Kevin Lemke departed as Director at ALERUS FINANCIAL CORP.
  - Action: not stand for reelection
  - Role: Director
  source text: On February 16, 2024, Kevin Lemke notified Alerus Financial Corporation (the “Company”) of his decision not to stand for reelection to the Company’s board of directors at the Company’s 2024 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/903419/000110465924026529/0001104659-24-026529-index.htm
- Executive change
  Forrest Wilson was appointed as Executive Vice President and Chief Retirement Services Officer at ALERUS FINANCIAL CORP.
  - Action: appointed
  - Role: Executive Vice President and Chief Retirement Services Officer
  source text: On February 22, 2024, the Company announced that Forrest Wilson has been appointed to the position of Executive Vice President and Chief Retirement Services Officer of the Company, effective February 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/903419/000110465924026529/0001104659-24-026529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.