Lisa Grossman Accepts New Role with Alerus

MINNEAPOLIS (Feb. 5, 2021) – Alerus is pleased to announce Lisa Grossman has been promoted to the newly created position of Total Rewards Manager. In this role, Grossman will lead the planning, design, and administration of Alerus’ compensation and benefits programs, as well as oversee the company’s payroll and human resources management system functions.

“As Alerus continues to grow, we are focused on attracting and retaining top talent, and that includes executing a rewards strategy that continues to position Alerus as an employer of choice,” said Teresa Wasvick, senior vice president and human resources director at Alerus. “Looking forward, it is crucial that compensation and benefits programs continue to evolve with a changing workforce. Lisa understands that, and we are thrilled that she has accepted this new role to guide our total rewards programs.”

Grossman has over 15 years of experience in human resources, specializing in compensation, benefits, human resources analytics, and reporting within the financial services industry. She joined Alerus in 2018 and previously served as the compensation manager. She holds a bachelor’s degree in performing arts from Boston University, a Professional Human Resources certification from the HR Certification Institute, and a Six Sigma Yellow Belt certification. She is a member of the Twin Cities Compensation Network and participates in the BestPrep mentoring program.

About Alerus

Alerus (Alerus Financial, N.A.) is a diversified financial services company headquartered in Grand Forks, ND. Alerus 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 Financial banking and wealth management offices are located in Grand Forks and Fargo, ND, the Minneapolis-St. Paul, MN metropolitan area and Scottsdale and Mesa, AZ. Alerus Retirement and Benefits plan administration offices are located in St. Paul, MN, East Lansing, MI, and Littleton, CO.