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BSBA, Accounting, Banking, and Finance, University of North Dakota, 1980 - Juris Doctor (with distinction), UND School of Law, 1983 - Certified Public Accountant, Lawyer, President and Chief Operating Officer, Varistar Corporation, 1995 - Executive Vice President, Corporate Development, 2001 - Current Position 2002
Lauris Molbert joined Otter Tail in 1995 as president of the Varistar Corporation, continuing its successful diversification into nonelectric businesses. With his appointment in 2002 as executive vice president and chief operating officer for Otter Tail Corporation, he continues the focus on creating shareholder value through the long-term ownership of businesses in diverse industries.
As chief operating officer, Lauris is responsible for overseeing all of the utility and nonelectric operating companies of Otter Tail Corporation. In his role as executive vice president, he is second-in-command to the president in formulating strategy for the entire organization.
Prior to joining Otter Tail, Lauris was a partner in the Fargo-based law firm of Conmy, Feste, Bossart, Hubbard & Corwin, specializing in banking law, and mergers and acquisitions. He graduated from the University of North Dakota School of Law, Juris Doctor with distinction, in 1983. He earned degrees in Finance, Accounting and Banking in 1980 and was awarded his CPA designation in 1981.
Lauris is a recognized community leader and currently serves on the boards of MeritCare Health System and the University of North Dakota Alumni Association and Foundation.
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