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Newman anchor

Randy L. Newman

CEO & President

31 years with Alerus

Randy lives in Grand Forks with wife, Anita. They have three grown children.

Serves as the chairman of the Board of Directors of the Federal Home Loan Bank (FHLB) in Des Moines and represents the Des Moines FHLB on the Council of FHLBs in Washington, D.C.

Present chairman of the Alerus Center Commission and UND Center for Innovation Advisory Board.

Present commitee member of a number of regional organizations, including:

  • UND Center for Innovation Foundation
  • UND Business School Advisory Board
  • Xcel Energy State Advisory Board
  • UND Fellows
  • Altru Health Services Corporate Member

Has served on committees with the North Dakota Bankers Association and the Bank Institute Association in Chicago, serving as chairman of its education committee.

Past chairman of Grand Forks Chamber of Commerce.

12-year chairman of the Grand Forks Business Government Alliance.

Past chairman of the North Dakota Rhodes Scholar Selection Committee.

Past board member of a number of regional organizations, including:

  • Grand Forks Economic Development Corporation
  • Grand Forks/East Grand Forks RiverForks Authority
  • Altru Health Systems HMO
  • Grand Forks Community Foundation

Served six years as a member of the Grand Forks Public School District board of directors.

Served two years on the Mayor's Leadership Task Force to aid recovery from the 1997 flood.

Taught corporate finance and business strategy courses at UND.

Received his BSBA in 1975 and MBA in 1979 from UND.

Earned his Certified Financial Planner designation in 1985.

In his free time, he spends time at the lake with his family and golfs.

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