Lorna Gunderman
Kansas City Metro Area,KS
Summary
Equity compensation and shareholder services specialist with extensive experience administering stock plans, managing shareholder transactions, and ensuring full compliance with SEC regulations, GAAP, SOX, and internal controls. Known for safeguarding sensitive data, improving processes, and partnering across departments to support accurate reporting, efficient operations, and strong governance. Adept at managing complex transactions, preparing regulatory disclosures, and supporting rate case data needs for a publicly traded company.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Financial Analyst
Black Hills Corporation
- Reviewed financial transactions and prepared data supporting financial statements for the parent company and subsidiaries.
- Assisted in drafting and filing 8-Ks, 10-Qs, and 10-Ks with the SEC for a publicly traded company.
Senior Treasury Manager — Shareowner Services & Equity Compensation
BLACK HILLS CORPORATION
Rapid City, SD
01.2004 - 01.2023
- Directed and executed all aspects of equity compensation plan administration, shareholder transactions, due diligence, and stock monitoring while ensuring strict adherence to SOX, SEC, GAAP, and internal control requirements.
- Managed end-to-end processing of stock transactions, accounting entries, regulatory research, and SEC financial statement disclosures, keeping work in-house to reduce external processing costs.
- Partnered cross-functionally with HR, Legal, Accounting, Treasury, and leadership to support equity plan operations, maintain data accuracy, and strengthen collaboration.
- Prepared required and ad hoc data for the Rates Department to support rate case filings.
- Coordinated with the SEC and NYSE on regulatory oversight, applications, filings, and compliance requirements for a publicly traded company.
- Redesigned the proxy statement format and automated annual updates, eliminating consultant fees and reducing printing costs.
- Calculated and approved quarterly dividend payments totaling $45M to shareholders.
- Monitored insider transactions, completed SEC Section 16 reporting, and maintained stock ownership guideline tracking for executives and the Board with zero reporting deficiencies.
- Identified and implemented process improvements that reduced manual work and minimized error risk.
- Researched and implemented shareholder process enhancements, including decertification of stock certificates and transitioning from a company-sponsored direct stock purchase plan to a bank-sponsored model.
- Led the unclaimed property audit for escheated shareholder stock, achieving minimal deficiencies and generating $300K in cost savings.
- Collaborated with Treasury (Capital Markets & Cash) on ATM Equity Program accounting, commercial paper approvals, and cash reconciliation reviews, contributing to cross-training and operational alignment.
Education
Bachelor of Science (BS) - Accounting
National American University
Rapid City, SDAssociate of Arts (AA) - Paralegal Emphasis
National College
Rapid City, SDSkills
- PeopleSoft
- Microsoft Office
- SharePoint
- Workiva
- Equilar
- SEC EDGAR
- Blackline
- Equity Edge
- General Ledger Reconciliations
- Financial Statement Preparation
- Data Analysis
- Critical Thinking
Certification
Certified Equity Professional (CEP) Santa Clara University — Santa Clara, CA
Timeline
Senior Treasury Manager — Shareowner Services & Equity Compensation
BLACK HILLS CORPORATION
01.2004 - 01.2023
Financial Analyst
Black Hills Corporation
Associate of Arts (AA) - Paralegal Emphasis
National College
Bachelor of Science (BS) - Accounting
National American University