Dir
Jeffrey W. Bolton is a corporate director and healthcare finance executive who serves as a director (Dir.) of Alerus Financial Corporation (Nasdaq: ALRS), having joined the board in connection with Alerus’s acquisition of HMN Financial, Inc. in October 2024.[[4]](https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/ex_731047.htm)[[7]](https://investors.alerus.com/board-member/jeffrey-bolton) At Alerus, he is listed as a board member and serves on the Audit Committee and Compensation Committee, contributing extensive experience in finance, administration, and strategic planning.[[7]](https://investors.alerus.com/board-member/jeffrey-bolton)[[8]](https://investors.alerus.com/corporate-governance/committee-composition) He also holds leadership roles in the health services sector, including board and chair positions at Resoundant, Inc. and Enhabit, Inc., and has previously served as an independent director of HMN Financial, Inc.[[1]](https://www.marketscreener.com/insider/JEFFREY-BOLTON-A086AS/)[[4]](https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/ex_731047.htm)
Bolton is the former chief administrative officer of Mayo Clinic, a role he held from 2013 until his retirement in 2021, after previously serving as Mayo Clinic’s chief financial officer from 2002 to 2013.[[4]](https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/ex_731047.htm)[[6]](https://www.mayoclinic.org/-/media/kcms/gbs/patient-consumer/documents/2019/09/12/20/18/jeffrey-bolton.pdf?la=en&hash=B91DE7C09A27206A044FECAC865E66A86BADBB89) Before joining Mayo Clinic, he held a series of senior finance and planning positions at Carnegie Mellon University, including vice president for business affairs, planning and chief financial officer, and earlier worked in finance-related roles at the University of Pittsburgh and for the City of Pittsburgh.[[4]](https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/ex_731047.htm)[[6]](https://www.mayoclinic.org/-/media/kcms/gbs/patient-consumer/documents/2019/09/12/20/18/jeffrey-bolton.pdf?la=en&hash=B91DE7C09A27206A044FECAC865E66A86BADBB89) Since 2022, he has worked as an independent consultant for health services and economic development organizations and serves as CEO of a private consulting entity focused on these sectors.[[7]](https://investors.alerus.com/board-member/jeffrey-bolton) Educationally, Bolton studied at Pennsylvania State University and the University of Pittsburgh, and he has served on multiple nonprofit and corporate boards, including St. Olaf College, Vizient, and various economic development organizations.[[1]](https://www.marketscreener.com/insider/JEFFREY-BOLTON-A086AS/)[[6]](https://www.mayoclinic.org/-/media/kcms/gbs/patient-consumer/documents/2019/09/12/20/18/jeffrey-bolton.pdf?la=en&hash=B91DE7C09A27206A044FECAC865E66A86BADBB89)
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