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U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

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19 Oct 2018
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Summary

Name Age Since Current Position

Andrew Cecere

57 2018 Chairman of the Board, President, Chief Executive Officer

Terrance Dolan

56 2016 Vice Chairman, Chief Financial Officer

Paul Parker

61 2013 Vice Chairman, Chief Risk Officer

John Elmore

61 2013 Vice Chairman - Community Banking and Branch Delivery

Leslie Godridge

62 2016 Vice Chairman - Wholesale Banking

Gunjan Kedia

47 2016 Vice Chairman - Wealth Management & Securities Services Division

James Kelligrew

52 2016 Vice Chairman - Wholesale Banking

Shailesh Kotwal

53 2015 Vice Chairman - Payment Services

Jeffry von Gillern

52 2010 Vice Chairman - Technology and Operations Services

Timothy Welsh

52 2017 Vice Chairman - Consumer Banking Sales and Support

James Chosy

54 2016 Executive Vice President, General Counsel

Jennie Carlson

57 2002 Executive Vice President - Human Resources

Katherine Quinn

53 2013 Executive Vice President , Chief Strategy and Reputation Officer

Mark Runkel

41 2013 Executive Vice President, Chief Credit Officer

David O'Maley

71 2017 Lead Independent Director

Dorothy Bridges

63 2018 Director

Elizabeth Buse

57 2018 Director

Richard McKenney

49 2017 Director

Yusuf Mehdi

51 2018 Director

Warner Baxter

56 2015 Independent Director

Marc Casper

50 2015 Independent Director

Arthur Collins

70 2017 Independent Director

Kimberly Harris

53 2014 Independent Director

Roland Hernandez

60 2012 Independent Director

Olivia Kirtley

67 2006 Independent Director

Karen Lynch

55 2016 Independent Director

O'dell Owens

69 1991 Independent Director

Craig Schnuck

69 2002 Independent Director

Scott Wine

51 2014 Independent Director

Doreen Woo Ho

70 2012 Independent Director

Biographies

Name Description

Andrew Cecere

Mr. Andrew J. Cecere is Chairman of the Board, President, Chief Executive Officer of the company. From January 2015 until January 2016, he served as Vice Chairman and Chief Operating Officer. From February 2007 to January 2015, Mr. Cecere served as U.S. Bancorp’s Vice Chairman and Chief Financial Officer. Until that time, he served as Vice Chairman, Wealth Management and Securities Services of U.S. Bancorp since the merger of Firstar Corporation and U.S. Bancorp in February 2001. Previously, he had served as an executive officer of the former U.S. Bancorp, including as Chief Financial Officer from May 2000 through February 2001. Mr. Cecere has been elected by the Board to serve as Chairman of the Board of Directors of U.S. Bancorp, effective April 17, 2018.

Terrance Dolan

Mr. Terrance R. Dolan is Vice Chairman, Chief Financial Officer of the Company. He has served in this position since August 2016. From July 2010 to July 2016, he served as Vice Chairman, Wealth Management and Securities Services, of U.S. Bancorp. From September 1998 to July 2010, Mr. Dolan served as U.S. Bancorp’s Controller. He additionally held the title of Executive Vice President from January 2002 until June 2010 and Senior Vice President from September 1998 until January 2002.

Paul Parker

Mr. Paul W. Parker is the Vice Chairman, Chief Risk Officer of the Company. He has served in this position since December 2013. From October 2007 until December 2013 he served as Executive Vice President and Chief Credit Officer of U.S. Bancorp. From March 2005 until October 2007, he served as Executive Vice President of Credit Portfolio Management of U.S. Bancorp, having served as Senior Vice President of Credit Portfolio Management of U.S. Bancorp since January 2002.

John Elmore

Mr. John R. Elmore is Vice Chairman - Community Banking and Branch Delivery of the Company. Mr. Elmore has served in this position since March 2013. From 1999 to 2013, he served as Executive Vice President, Community Banking, of U.S. Bancorp and its predecessor company, Firstar Corporation.

Leslie Godridge

Ms. Leslie V. Godridge is an Vice Chairman - Wholesale Banking of the Company. She has served in this position since January 2016. From February 2013 until December 2015, she served as Executive Vice President, National Corporate Specialized Industries and Global Treasury Management, of U.S. Bancorp. From February 2007, when she joined U.S. Bancorp, until January 2013, Ms. Godridge served as Executive Vice President, National Corporate and Institutional Banking, of U.S. Bancorp. Prior to that time, she served as Senior Executive Vice President and a member of the Executive Committee at The Bank of New York, where she was head of BNY Asset Management, Private Banking, Consumer Banking and Regional Commercial Banking from 2004 to 2006.

Gunjan Kedia

Ms. Gunjan Kedia is Vice Chairman - Wealth Management & Securities Services Division of the Company. She has served in this position since joining U.S. Bancorp in December 2016. From October 2008 until May 2016, she served as Executive Vice President of State Street Corporation where she led the core investment servicing business in North and South America and served as a member of State Street’s management committee, its senior most strategy and policy committee. Previously, Ms. Kedia was an Executive Vice President of global product management at Bank of New York Mellon from 2004 to 2008.

James Kelligrew

Mr. James B. Kelligrew is an Vice Chairman - Wholesale Banking of U.S. Bancorp. He has served in this position since January 2016. From March 2014 until December 2015, he served as Executive Vice President, Fixed Income and Capital Markets, of U.S. Bancorp, having served as Executive Vice President, Credit Fixed Income, of U.S. Bancorp from May 2009 to March 2014. Prior to that time, he held various leadership positions with Wells Fargo Securities from 2003 to 2009, and with Bank of America Securities from 1993 to 2003.

Shailesh Kotwal

Mr. Shailesh M. Kotwal is an Vice Chairman - Payment Services of U.S. Bancorp. He has served in this position since joining U.S. Bancorp in March 2015. From July 2008 until May 2014, he served as Executive Vice President of TD Bank Group with responsibility for retail banking products and services and as Chair of its enterprise payments council. From 2006 until 2008, he served as President, International, of eFunds Corporation, a payment services company. Previously, Mr. Kotwal served in various leadership roles at American Express Company from 1989 until 2006, including responsibility for operations in North and South America, Europe and the Asia-Pacific regions.

Jeffry von Gillern

Mr. Jeffry H. von Gillern is an Vice Chairman - Technology and Operations Services of U.S. Bancorp. He has served in this position since July 2010. From April 2001, when he joined U.S. Bancorp, until July 2010, Mr. von Gillern served as Executive Vice President of U.S. Bancorp, additionally serving as Chief Information Officer from July 2007 until July 2010.

Timothy Welsh

Mr. Timothy A. Welsh is Vice Chairman - Consumer Banking Sales and Support of the Company. He has served in this position since joining U.S. Bancorp in July 2017. From July 2006 until June 2017, he served as a Senior Partner at McKinsey & Company where he specialized in financial services and the consumer experience. Previously, Mr. Welsh served as a Partner at McKinsey & Company from 1999 to 2006.

James Chosy

Mr. James L. Chosy is Executive Vice President, General Counsel of U.S. Bancorp. He has served in this position since March 1, 2013. He also served as Corporate Secretary of U.S. Bancorp from March 2013 until April 2016. From 2001 to 2013, he served as the General Counsel and Secretary of Piper Jaffray Companies. From 1995 to 2001, Mr. Chosy was Vice President and Associate General Counsel of U.S. Bancorp, having also served as Assistant Secretary of U.S. Bancorp from 1995 through 2000 and as Secretary from 2000 until 2001.

Jennie Carlson

Ms. Jennie P. Carlson is an Executive Vice President - Human Resources of U.S. Bancorp. She has served in this position since January 2002. Until that time, she served as Executive Vice President, Deputy General Counsel and Corporate Secretary of U.S. Bancorp since the merger of Firstar Corporation and U.S. Bancorp in February 2001. From 1995 until the merger, she was General Counsel and Secretary of Firstar Corporation and Star Banc Corporation.

Katherine Quinn

Ms. Katherine B. Quinn is an Executive Vice President, Chief Strategy and Reputation Officer of the company. She has served in this position since joining U.S. Bancorp in September 2013 and has served on U.S. Bancorp’s Managing Committee since January 2015. From September 2010 until January 2013, she served as Chief Marketing Officer of WellPoint, Inc. (now known as Anthem, Inc.), a health insurance provider, having served as Head of Corporate Marketing of WellPoint from July 2005 until September 2010. Prior to that time, she served as Chief Marketing and Strategy Officer at The Hartford, an investment and insurance company, from 2003 until 2005.

Mark Runkel

Mr. Mark G. Runkel is Executive Vice President and Chief Credit Officer of U.S. Bancorp. He has served in this position since December 2013. From February 2011 until December 2013, he served as Senior Vice President and Credit Risk Group Manager of U.S. Bancorp Retail and Payment Services Credit Risk Management, having served as Senior Vice President and Risk Manager of U.S. Bancorp Retail and Small Business Credit Risk Management from June 2009 until February 2011. From March 2005 until May 2009, he served as Vice President and Risk Manager of U.S. Bancorp.

David O'Maley

Mr. David B. O'Maley is an Lead Independent Director of U.S. Bancorp. Mr. O’Maley is the retired Chairman, President and Chief Executive Officer of Ohio National Mutual Holdings, Inc. and its subsidiary Ohio National Financial Services, Inc., an intermediate insurance holding company that markets insurance and financial products through its affiliates, including The Ohio National Life Insurance Company. Mr. O'Maley served as Executive Chairman of these companies from November 2010 to May 2012 after serving as Chairman, President and Chief Executive Officer of Ohio National Mutual Holdings and Ohio National Financial Services from 1994 until November 2010. He joined Ohio National in 1992.

Dorothy Bridges

Ms. Dorothy Bridges is Director of the Company. She is the former Senior Vice President of Public Affairs, Outreach and Community Development of the Federal Reserve Bank of Minneapolis. Prior to joining the Federal Reserve Bank of Minneapolis, Ms. Bridges served as the President and Chief Executive Officer of City First Bank, a commercial bank providing financial services in low and moderate income communities, from 2008 until July 2011, and as President and Chief Executive Officer of Franklin National Bank, a Minneapolis commercial bank, from 1999 to 2008.

Elizabeth Buse

Ms. Elizabeth Lynch Buse is Director of the company. She is the former Chief Executive Officer of Monitise PLC, a global mobile banking and payments company based in the UK. She served as Co-Chief Executive Officer and Chief Executive Officer of Monitise during 2014 and 2015, after retiring from Visa, Inc, the world’s largest payment network, as Executive Vice President of Global Services. She held various senior leadership positions during her 16-year tenure at Visa, Inc.

Richard McKenney

Mr. Richard P. McKenney serves as Director of the Company. He is the President and Chief Executive Officer of Unum Group, a workplace financial protection benefits company. He has served as President since April 2015 and as Chief Executive Officer since May 2015. Mr. McKenney served as Executive Vice President and Chief Financial Officer of Unum from 2009 to 2015. Prior to joining Unum in 2009, he served as Executive Vice President and Chief Financial Officer at Sun Life Financial, Inc., an international financial services company, from 2006 to 2009.

Yusuf Mehdi

Mr. Yusuf I. Mehdi is Director of the company. He is the Corporate Vice President of the Modern Life and Devices Group of Microsoft Corporation, representing the Windows, Surface, Office and Bing businesses. A 26-year veteran of Microsoft, Mehdi previously served as the company’s Corporate Vice President of Windows and Devices Group as well as the Corporate Vice President and Chief Marketing and Strategy Officer of its Interactive Entertainment Division, including Xbox, among other leadership positions.

Warner Baxter

Mr. Warner L. Baxter is an Independent Director of the company. He is the Chairman, President and Chief Executive Officer of Ameren Corporation, a regulated electric and gas utility company serving customers in Missouri and Illinois. He has served in these positions since 2014. Mr. Baxter served as Chairman, President and Chief Executive Officer of Ameren Missouri from 2009 to 2014 and as Executive Vice President and Chief Financial Officer of Ameren Corporation from 2003 to 2009. In addition, he also served as President and Chief Executive Officer of Ameren Services from 2007 to 2009.

Marc Casper

Mr. Marc N. Casper is an Independent Director of the company. He is the President and Chief Executive Officer of Thermo Fisher Scientific Inc., a leader in life sciences and healthcare technologies. He has served as President and Chief Executive Officer since 2009. He served as Executive Vice President and Chief Operating Officer from 2008 to 2009 and Executive Vice President of Thermo Fisher and President of its Analytical Technologies business from 2006 to 2008. He joined Thermo Electron Corporation, a predecessor to Thermo Fisher Scientific, in 2001 and held various leadership positions within that company before being named Executive Vice President of Thermo Fisher in 2006.

Arthur Collins

Mr. Arthur D. Collins, Jr. is an Independent Director of U.S. Bancorp. He is the retired Chairman and Chief Executive Officer of Medtronic, Inc., a leading medical device and technology company. Mr. Collins served as Chairman of Medtronic from 2002 until August 2008 and Chief Executive Officer from 2002 until August 2007. Mr. Collins served as President of Medtronic from 1996 to 2002 and also as Chief Operating Officer from 1994 to 2002. Since April 2009, Mr. Collins has acted as a senior advisor for Oak Hill Capital Partners, which manages a private equity portfolio of over $8 billion of private equity capital and over $20 billion of investment capital. He is also a managing partner of Acorn Advisors, LLC, which provides consulting services to nonprofit organizations.

Kimberly Harris

Ms. Kimberly J. Harris is an independent Director of U.S. Bancorp. Ms. Harris is the President and Chief Executive Officer of Puget Energy, Inc., an energy services holding company, and its subsidiary Puget Sound Energy, Inc., a utility company providing electric and natural gas service in the northwest United States. She has served in these positions since March 2011. Ms. Harris served as President of Puget Energy and Puget Sound Energy from July 2010 through February 2011 and as Executive Vice President and Chief Resource Officer from May 2007 until July 2010. Ms. Harris served as Senior Vice President Regulatory Policy and Energy Efficiency of these companies from 2005 until May 2007.

Roland Hernandez

Mr. Roland A. Hernandez is an Independent Director of U.S. Bancorp. Mr. Hernandez is the Founding Principal and Chief Executive Officer of Hernandez Media Ventures, a privately held company engaged in the acquisition and management of media assets. He has served in this capacity since January 2001. Mr. Hernandez served as Chairman of Telemundo Group, Inc., a Spanish-language television and entertainment company, from 1998 to 2000 and as President and Chief Executive Officer from 1995 to 2000.

Olivia Kirtley

Ms. Olivia F. Kirtley is an Independent Director of U.S. Bancorp. She a Certified Public Accountant and Chartered Global Management Accountant, has served as a business consultant on strategic, risk and corporate governance issues since 2000. She also served as the President of the International Federation of Accountants (IFAC), the global organization for the accountancy profession which facilitates the establishment of international auditing, ethics and education standards, from 2014 to 2016, and as Deputy President of IFAC from 2012 to 2014. Prior to 2000, she served as a senior manager at a predecessor to auditing firm Ernst & Young LLP, and as Treasurer, Vice President and Chief Financial Officer at Vermont American Corporation.

Karen Lynch

Ms. Karen S. Lynch is an Independent Director of U.S. Bancorp. Ms. Lynch is the President of Aetna Inc., a diversified health care benefits company. She has served as President since 2014. She served as Executive Vice President of Aetna's Local and Regional business from 2013 to 2014 and Executive Vice President of Aetna's Specialty Products business from 2012 to 2013. Ms. Lynch served as President of Magellan Health Services Inc., a health care management company, from 2009 to 2012. Prior to joining Magellan Health, she served in various leadership roles at Cigna Corporation, a global health insurance service company, from 1999 to 2009. Ms. Lynch began her career as a Certified Public Accountant at auditing firm Ernst & Young LLP.

O'dell Owens

Dr. O'dell M. Owens M.D., is an Independent Director of U.S. Bancorp. Dr. Owens is the President and Chief Executive Officer of Interact for Health, a regional health and wellness company, and has served in this role since October 2016. He previously served as the Interim Health Commissioner and Medical Director for the Cincinnati Health Department from November 2015 to October 2016 and as the President of Cincinnati State Technical and Community College, an institution of higher education, from September 2010 until September 2015. Dr. Owens has been a member of the Federal Reserve Bank of Cleveland's Cincinnati Business Advisory Council since 2012. He has also been providing services as an independent consultant in medicine, business, education and work-site employee benefits since 2001 and served as the President and Chairman of the Board for Project GRAD (Graduation Really Achieves Dreams), a national non-profit organization formed to improve inner-city education, from 2001 until 2015. From 2004 to 2010, Dr. Owens also served as Coroner of Hamilton County, Ohio.

Craig Schnuck

Mr. Craig D. Schnuck is Independent Director of U.S. Bancorp. He is the former Chairman and Chief Executive Officer of Schnuck Markets, Inc., a regional supermarket chain. He was elected President of Schnuck Markets in 1984 and served as Chief Executive Officer from 1989 until January 2006. He also served as Chairman from January 1991 until December 2006. Mr. Schnuck continued to be active in the Schnuck Markets business as Chair of its Executive Committee from 2007 until 2014 and was named Chairman Emeritus in 2014.

Scott Wine

Mr. Scott W. Wine is an Independent Director of the Company. Mr. Wine is the Chairman and Chief Executive Officer of Polaris Industries Inc., a worldwide manufacturer and marketer of innovative high-performance motorized products. He has served as Chairman since 2013, and Chief Executive Officer since 2008. Mr. Wine served as President of Fire Safety Americas, a division of United Technologies Corporation, from 2007 to 2008. Prior to that time, Mr. Wine held various senior leadership positions at Danaher Corporation and Honeywell International, Inc. from 1996 to 2007.

Doreen Woo Ho

Ms. Doreen Woo Ho is an Independent Director of U.S. Bancorp. She is a Commissioner of the San Francisco Port Commission, the governing board responsible for the San Francisco, California, waterfront adjacent to San Francisco Bay. She has served on the Port Commission since May 2011 and served as President from 2012 to 2014. Ms. Woo Ho served as President and Chief Executive Officer of United Commercial Bank, a California commercial bank, from September 2009 to November 2009. She served as President of Community Banking at United Commercial from January 2009 to September 2009. Ms. Woo Ho served as Executive Vice President responsible for Enterprise Marketing, Student Loans and Corporate Trust, at Wells Fargo & Company, a diversified financial services company, in 2008. She served as President of the Consumer Credit Group of Wells Fargo from 1998 to 2007. Ms. Woo Ho was also a member of the Wells Fargo Management Committee from 1999 to 2008. Prior to joining Wells Fargo, she worked in various credit and lending roles in the Corporate and Consumer Banking groups at Citibank for 25 years.