US Bank Appoints Palombi New Global Chief Communications Officer
JUL 11, 2019 - 6:20 am
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.
The 28th annual list of Monitor 100 companies reported $514.1 billion in net assets, $201.1 billion in originations and 28,666 employees. The group maintained steady momentum in portfolio growth, posting a 5.8% year-over-year increase, with 82 companies recording net gains... read more
Cloud-based technology touches almost every aspect of our life, from consuming news and entertainment to travel to simply communicating and connecting with each other. The cloud surrounds us and serves as the connecting force between technology and our daily routines.... read more