secwatch.observer — SEC 8-K summary
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Issuer:     ALERUS FINANCIAL CORP (ALRS)
CIK:        0000903419
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001104659-24-026529
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903419/000110465924026529/0001104659-24-026529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903419/000110465924026529/tm246889d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-026529

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