Katie Lorenson, Barb Sheldon Recognized Among Top Women in Finance

MINNEAPOLIS (Nov. 14, 2022) – Alerus is pleased to announce Katie Lorenson, president and CEO, and Barb Sheldon, senior business advisor, have been recognized by Finance & Commerce among the Top Women in Finance for 2022. The annual award program recognizes Minnesota women who are making an impact in their professions and in their communities. Honorees are selected by Finance & Commerce with assistance from an outside panel of experts.

Lorenson was one of three honorees recognized for a second time and was inducted into the Circle of Excellence. She was previously named a Top Woman in Finance in 2019. Lorenson serves as president and CEO at Alerus and is a member of the company’s board of directors. She joined Alerus in 2017 as chief financial officer and spearheaded the company’s initial public offering in September 2019. In January 2022, she became the fourth president and CEO in company history and the first woman to hold the role.

Sheldon joined Alerus in 2009 and has 40 years of financial industry experience. As a senior business advisor, she partners with businesses to provide them with lending, deposit, retirement and benefits, and wealth management solutions as they need them. She excels in working closely with clients to understand their industry and adapt services as their goals grow and change, providing expert-level guidance to help them succeed.

See the complete list of honorees here.


About Alerus

Alerus (Alerus Financial, N.A.) is a diversified financial services company that provides innovative and comprehensive financial solutions to businesses and consumers through four distinct business segments — banking, retirement and benefit services, wealth management, and mortgage. These solutions are delivered through a relationship-oriented primary point of contact along with responsive and client-friendly technology.

Alerus has banking, mortgage, and wealth management offices in Grand Forks and Fargo, North Dakota, the Minneapolis-St. Paul, Minnesota metropolitan area, and Phoenix, Scottsdale, and Mesa Arizona. Alerus Retirement and Benefits plan administration hubs are located in Minnesota, Michigan, and Colorado.