Katie Lorenson

Alerus Financial Corp (ALRS)
     Grand Forks, ND
Total Compensation for Fiscal Year Ending in 2024: $1,339,540
Salary $600,000
Bonus $0
Value of Stock Awards $360,000
Value of Option Awards $0
Non-Equity Incentive Plan Compensation $343,200
Change in Pension Value and Deferred Compensation Earnings $0
All Other Compensation $36,340
Total $1,339,540
Alerus Financial Corp disclosed its CEO pay was
17
times its median employee's pay for the fiscal year ending in 2024.
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