Katie Lorenson portrait

Katie Lorenson

Executive vice president & chief financial officer, Alerus

Description

Katie Lorenson has had a profound impact on Grand Forks-based financial services firm Alerus. Working from the Twin Cities office, Lorenson spearheaded the process of filing a registration for a proposed IPO, which concluded with the company’s launch on Nasdaq in fall 2019. During the pandemic, Lorenson ensured that Alerus exceeded performance expectations during its first full year as a public company.

Lorenson was also primarily responsible for negotiations in the acquisition of Denver-based Retirement Planning Services in December. The purchase increased Alerus’ assets under management to about $31.5 billion.