U.S. Bancorp named Luke Wippler corporate treasurer, effective May 17. Wippler will succeed John Stern, who was appointed president of the company’s global corporate trust and custody (GCTC) business last month. Stern served as executive vice president and corporate treasurer since 2013.

Wippler is currently senior vice president and treasury risk executive and has been in corporate finance since joining U.S. Bank in 2002.

“Luke has been a valuable member of the treasury team for 10 years,” Terry Dolan, vice chair and CFO of U.S. Bancorp, said. “His knowledge, experience and leadership skills make him an excellent choice for the position of corporate treasurer, and I look forward to partnering with him over the coming years.”

Wippler sits on the board of trustees for the Airplane Owners Pilot Association.