Lauris Molbert

Chairman at

Choice Financial Holdings, Inc.

68 year

64 connections

Finance

Utilities

Health Services

Profile

Lauris N.
Molbert is currently the Chairman at Choice Financial Holdings, Inc., Vice Chairman at Sanford Health Corp., Director at Block 9 Hotel LLC, Advisor at Longwater Opportunities LLC, and Board Member at Emerging Prairie.
He previously served as the Chief Executive Officer at TMI Hospitality, Inc., Executive Chairman at The Kilbourne Group, Executive Vice President & Chief Operating Officer at Otter Tail Corp., President & Chief Operating Officer at Varistar Corp., Treasurer at MeritCare Health System, and Venture Partner at Arthur Ventures Management LLC.
He also served as a Board and Executive Committee Member at University of North Dakota Alumni Association & Foundation.
Molbert holds a graduate degree from the University of North Dakota.

Lauris Molbert active positions

Companies	Position	Start
Choice Financial Holdings, Inc. Choice Financial Holdings, Inc. Regional BanksFinance Operates as bank holding company whose subsidiaries provides commercial banking services	Chairman	-
Block 9 Hotel LLC Block 9 Hotel LLC Real Estate DevelopmentFinance Provides real estate services	Director/Board Member	-
Sanford Health Corp. Sanford Health Corp. Hospital/Nursing ManagementHealth Services Owns and operates hospitals, clinics & senior living centers	Director/Board Member	31/12/2008
Emerging Prairie Emerging Prairie Miscellaneous Commercial ServicesCommercial Services Operates as an association	Director/Board Member	31/12/2019
Longwater Opportunities LLC Longwater Opportunities LLC Investment ManagersFinance LongWater Opportunities invests in companies located in the United States with EBITDA of USD 3 to 8 million and revenues of USD 10 to 50 million. The firm focuses on operating in the fields manufacturing sectors. It provides financing for buyout transactions and acquires majority interest.	Consultant / Advisor	-

All active positions of Lauris Molbert

Former positions of Lauris Molbert

Companies	Position	End
The Kilbourne Group The Kilbourne Group Engineering & ConstructionIndustrial Services Engages in redeveloping of buildings and property management	Chairman	31/03/2023
Arthur Ventures Management LLC Arthur Ventures Management LLC Investment ManagersFinance Arthur Ventures Management invests in companies located in the United States and Canada. The firm focuses on the business-to-business software sector. It provides financing for early and growth stage capital requirements.	Private Equity Investor	30/11/2020
TMI Hospitality, Inc. TMI Hospitality, Inc. Hotels/Resorts/Cruise linesConsumer Services Provides hospitality servcies	Chief Executive Officer	30/06/2017
University of North Dakota Alumni Association & Foundation University of North Dakota Alumni Association & Foundation Investment Trusts/Mutual FundsMiscellaneous Foundation	Director/Board Member	31/12/2012
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See the detail of Lauris Molbert's experience

Training of Lauris Molbert

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Private companies

See the detail of Lauris Molbert's experience

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Linked companies

Private companies	15
Otter Tail Corp. Otter Tail Corp. Electric UtilitiesUtilities Manufactures plastics pipes and generates power	Utilities
Community First Bankshares, Inc. (North Dakota) Community First Bankshares, Inc. (North Dakota) Regional BanksFinance Provides commercial banking services	Finance
BlackRidge Financial, Inc. BlackRidge Financial, Inc. Financial ConglomeratesFinance Operates as a bank holding company	Finance
Choice Financial Holdings, Inc. Choice Financial Holdings, Inc. Regional BanksFinance Operates as bank holding company whose subsidiaries provides commercial banking services	Finance
Sanford Health Corp. Sanford Health Corp. Hospital/Nursing ManagementHealth Services Owns and operates hospitals, clinics & senior living centers	Health Services
Varistar Corp. Varistar Corp. Electric UtilitiesUtilities Operates an electric utility	Utilities
University of North Dakota University of North Dakota Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
MeritCare Health System MeritCare Health System Medical/Nursing ServicesHealth Services Operates an integrated clinic and hospital system	Health Services
Arthur Ventures Management LLC Arthur Ventures Management LLC Investment ManagersFinance Arthur Ventures Management invests in companies located in the United States and Canada. The firm focuses on the business-to-business software sector. It provides financing for early and growth stage capital requirements.	Finance
University of North Dakota Alumni Association & Foundation University of North Dakota Alumni Association & Foundation Investment Trusts/Mutual FundsMiscellaneous Foundation	Miscellaneous
Longwater Opportunities LLC Longwater Opportunities LLC Investment ManagersFinance LongWater Opportunities invests in companies located in the United States with EBITDA of USD 3 to 8 million and revenues of USD 10 to 50 million. The firm focuses on operating in the fields manufacturing sectors. It provides financing for buyout transactions and acquires majority interest.	Finance
TMI Hospitality, Inc. TMI Hospitality, Inc. Hotels/Resorts/Cruise linesConsumer Services Provides hospitality servcies	Consumer Services
The Kilbourne Group The Kilbourne Group Engineering & ConstructionIndustrial Services Engages in redeveloping of buildings and property management	Industrial Services
Block 9 Hotel LLC Block 9 Hotel LLC Real Estate DevelopmentFinance Provides real estate services	Finance
Emerging Prairie Emerging Prairie Miscellaneous Commercial ServicesCommercial Services Operates as an association	Commercial Services