US Bank Appoints Palombi New Global Chief Communications Officer



David Palombi joined U.S. Bank as global chief communications officer. He will report to Vice Chairman and Chief Administrative Officer Kate Quinn.

In his new role, Palombi will lead the company’s public affairs and communications efforts, overseeing internal and external communications, reputation management, and government relations.

“David brings a wealth of communications expertise and experience to his new role and is ideally suited to advance our public affairs and communications strategies and enhance our reputation with key audiences,” Quinn said. “His leadership and strategic vision in complicated climates and industries will bring tremendous value to the organization.”

Palombi is a respected leader in the communications space with extensive experience leading communications functions in financial services, healthcare and consulting. Most recently, he was the senior vice president and chief communications officer at CVS Health, one of the largest and most innovative health care organizations in the country. In this role, he was responsible for corporate reputation, public relations, executive and employee communications, crisis positioning, public affairs and corporate social media, including leading communications for the company’s landmark decision to remove tobacco from all 8,000 CVS stores.

Prior to that, he led corporate communications for the health insurance company WellPoint (now Anthem) during the debates over the Affordable Care Act, and for the secondary mortgage giant Freddie Mac during its multi-year $5 billion accounting restatement.

Palombi also led communications for two commercial banks: Barnett Banks and The Riggs Bank of Washington, D.C. He additionally served as Washington, D.C. bureau chief for a chain of newspapers based on the east coast.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com