Lauris Molbert is the CEO of TMI Hospitality, which is headquartered in Fargo, ND. TMI Hospitality develops, manages and owns select service and extended stay hotels across the United States. With over 4,500 team members, the company currently operates more than 180 hotels in 25 states. Prior to joining TMI Hospitality, Lauris served as Executive Vice President and Chief Operating Officer for Otter Tail Corporation (Nasdaq: OTTR). He graduated from the University of North Dakota School of Law and has an undergraduate degree in finance, accounting and banking from the University of North Dakota. He has served on numerous public, private and non-profit boards, including Sanford Health System Board of Trustees, Community First Bank Shares (Nasdaq: CFBX), BlackRidge Financial, Greater Fargo Moorhead Economic Development Corporation, MeritCare Health Systems, University of North Dakota Foundation and Alumni Association, and Arthur Ventures Fund.