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Alerus Financial Corporation Names Karin Taylor Chief Operating Officer

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Alerus Financial (Nasdaq: ALRS) announced key leadership changes. Jon Hendry, Executive Vice President and Chief Technology Officer, will retire at year end after 40 years with the company. Karin Taylor, who joined as Chief Risk Officer in 2018, will become Executive Vice President and Chief Operating Officer effective January 1, 2025, overseeing risk management, regulatory compliance, legal, internal audit, operations, and information technology.

Joe Birkholz has joined as Chief Risk Officer, bringing nearly 20 years of industry experience, including previous roles as Chief Risk Officer at Bridgewater Bank and Senior Director of Risk Operations at TCF Financial

Alerus Financial (Nasdaq: ALRS) ha annunciato importanti cambiamenti nella leadership. Jon Hendry, Vicepresidente Esecutivo e Chief Technology Officer, andrà in pensione alla fine dell'anno dopo 40 anni di servizio nell'azienda. Karin Taylor, che è entrata in azienda come Chief Risk Officer nel 2018, diventerà Vicepresidente Esecutivo e Chief Operating Officer a partire dal 1 gennaio 2025, supervisionando la gestione del rischio, la conformità normativa, gli aspetti legali, l'audit interno, le operazioni e la tecnologia dell'informazione.

Joe Birkholz è entrato come Chief Risk Officer, portando con sé quasi 20 anni di esperienza nel settore, compresi precedenti ruoli come Chief Risk Officer presso Bridgewater Bank e Direttore Senior delle Operazioni di Rischio presso TCF Financial.

Alerus Financial (Nasdaq: ALRS) anunció cambios clave en el liderazgo. Jon Hendry, Vicepresidente Ejecutivo y Director de Tecnología, se retirará a finales de año después de 40 años en la empresa. Karin Taylor, quien se unió como Directora de Riesgos en 2018, se convertirá en Vicepresidenta Ejecutiva y Directora de Operaciones a partir del 1 de enero de 2025, supervisando la gestión de riesgos, el cumplimiento normativo, asuntos legales, auditoría interna, operaciones y tecnología de la información.

Joe Birkholz se ha unido como Director de Riesgos, aportando casi 20 años de experiencia en la industria, incluidos roles anteriores como Director de Riesgos en Bridgewater Bank y Director Senior de Operaciones de Riesgos en TCF Financial.

Alerus Financial (Nasdaq: ALRS)는 주요 리더십 변화를 발표했습니다. Jon Hendry는 40년 동안 회사를 위해 일한 후 연말에 은퇴할 예정입니다. Karin Taylor는 2018년에 리스크 책임자로 합류했으며, 2025년 1월 1일부터 부사장 겸 운영 책임자로 임명되어 리스크 관리, 규제 준수, 법률, 내부 감사, 운영 및 정보 기술을 감독할 것입니다.

Joe Birkholz는 20년 가까운 경력을 가지고 있는 리스크 책임자로 합류했으며, 이전에는 Bridgewater Bank의 리스크 책임자 및 TCF Financial의 리스크 운영 수석 이사를 역임했습니다.

Alerus Financial (Nasdaq: ALRS) a annoncé d'importants changements au sein de sa direction. Jon Hendry, vice-président exécutif et directeur de la technologie, prendra sa retraite à la fin de l'année après 40 ans dans l'entreprise. Karin Taylor, qui a rejoint en tant que directrice des risques en 2018, deviendra vice-présidente exécutive et directrice des opérations à compter du 1er janvier 2025, supervisant la gestion des risques, la conformité réglementaire, les aspects juridiques, l'audit interne, les opérations et les technologies de l'information.

Joe Birkholz a rejoint l'entreprise en tant que directeur des risques, apportant près de 20 ans d'expérience dans le secteur, y compris des rôles précédents en tant que directeur des risques chez Bridgewater Bank et directeur senior des opérations de risque chez TCF Financial.

Alerus Financial (Nasdaq: ALRS) hat wichtige Veränderungen in der Unternehmensführung angekündigt. Jon Hendry, Executive Vice President und Chief Technology Officer, wird zum Jahresende nach 40 Jahren im Unternehmen in den Ruhestand gehen. Karin Taylor, die 2018 als Chief Risk Officer zu uns kam, wird ab dem 1. Januar 2025 Executive Vice President und Chief Operating Officer und wird das Risikomanagement, die Einhaltung von Vorschriften, rechtliche Belange, interne Audits, den Betrieb und die Informationstechnologie leiten.

Joe Birkholz ist als Chief Risk Officer hinzugekommen, und bringt fast 20 Jahre Branchenerfahrung mit, einschließlich früherer Positionen als Chief Risk Officer bei Bridgewater Bank und Senior Director of Risk Operations bei TCF Financial.

Positive
  • Strategic succession planning implemented for key executive positions
  • Appointment of experienced internal candidate (Karin Taylor) as COO ensures continuity
  • Addition of seasoned risk management professional (Joe Birkholz) strengthens leadership team
Negative
  • None.

Joe Birkholz Joins Company as Chief Risk Officer

MINNEAPOLIS--(BUSINESS WIRE)-- Alerus Financial Corporation (Nasdaq: ALRS) announced Jon Hendry, Executive Vice President and Chief Technology Officer, will retire at year end. As part of his planned succession, he will transition his responsibilities to Karin Taylor, who will assume the role of Executive Vice President and Chief Operating Officer, effective January 1, 2025. In addition, Joe Birkholz has joined the company as Chief Risk Officer.

Ms. Taylor joined the Company as Chief Risk Officer in 2018, bringing approximately 30 years of experience in the financial industry, specializing in risk management. As Chief Operating Officer, she will continue to oversee the areas of risk management, regulatory compliance, legal, internal audit, and operations, in addition to assuming oversight of information technology.

Mr. Birkholz has nearly 20 years of industry experience and has specialized in risk management for a decade. Before joining Alerus in December 2024, he served as Chief Risk Officer at Bridgewater Bank. Prior to that, he served as Senior Director of Risk Operations at TCF Financial Corporation/National Bank. As Chief Risk Officer, he will work closely with the risk committee to further enhance the Company’s risk management practices with a focus on continued growth.

“Jon Hendry has had an extraordinary 40-year tenure at Alerus. In addition to his leadership over countless technology initiatives aligned with the company’s strategy and decades of growth, expansion and evolution, he also saved the Company’s servers from the devastating Grand Forks flood and fire of 1997,” said President and Chief Executive Officer, Katie Lorenson. “We are thankful for Jon’s continued contributions as he works closely with Karin to ensure a smooth transition upon his retirement. As Karin’s role expands, we are excited to welcome Joe Birkholz, who brings an extensive background in risk management and will contribute additional expertise to this important area of our Company as we continue growing.”

About Alerus Financial Corporation

Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area. Through its subsidiary, Alerus Financial, National Association, Alerus provides diversified and comprehensive financial solutions to businesses and consumer clients, including banking, wealth services, and retirement and benefits plans and services. Alerus provides clients with a primary point of contact to help fully understand the unique needs and delivery channel preferences of each client. Clients are provided with competitive products, valuable insight, and sound advice supported by digital solutions designed to meet the clients’ needs.

Alerus operates 29 banking and wealth offices, with locations in Grand Forks and Fargo, North Dakota; the Minneapolis-St. Paul, Minnesota metropolitan area; Rochester, Minnesota; southern Minnesota, Marshalltown, Iowa; Pewaukee, Wisconsin, and Phoenix and Scottsdale, Arizona. Alerus also operates a commercial wealth office in La Crosse, Wisconsin. Alerus Retirement and Benefits serves advisors, brokers, employers, and plan participants across the United States.

Kris Bevill

701.280.5076 (Office) :: 701.306.8561 (Cell)

kris.bevill@alerus.com

Source: Alerus Financial Corporation

FAQ

When will Jon Hendry retire from Alerus Financial (ALRS)?

Jon Hendry will retire at the end of 2024 after 40 years with Alerus Financial

Who will be the new COO of Alerus Financial (ALRS)?

Karin Taylor will become Executive Vice President and Chief Operating Officer of Alerus Financial , effective January 1, 2025.

Who is the new Chief Risk Officer at Alerus Financial (ALRS)?

Joe Birkholz has joined Alerus Financial as Chief Risk Officer, coming from his previous role as Chief Risk Officer at Bridgewater Bank.

Alerus Financial Corporation

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