Andy Cecere Related Content

U.S. Bancorp Appoints Roy to U.S. Bank Managing Committee

U.S. Bancorp, parent company of U.S. Bank, named Arijit Roy as the newest member of its managing committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and independent risk teams. read more

Welsh to Leave U.S. Bank, Roy Promoted to Expanded Role

Tim Welsh, vice chair of consumer and business banking for U.S. Bancorp, the parent company of U.S. Bank, intends to leave the organization after seven years. Arijit Roy will assume an expanded role leading the U.S. Bank consumer and business banking products organization. read more

U.S. Bancorp Promotes Kedia to President

U.S. Bancorp hired Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO. In this role, Kedia will oversee the company’s three business lines, ensuring a shared focus on growth and holistic client experiences across its entire network. read more

U.S. Bank Announces Leadership Changes

U.S. Bank announced that Terrance Robert Dolan and John Stern will assume new roles on Sept. 1, with Dolan becoming vice chair and chief administration officer to oversee the company’s combined chief administration office, while Stern will become senior executive vice president and CFO. read more

US Bank Appoints New Executive Leaders to Succeed Quinn and Kelligrew

U.S. Bank appointed new members to its executive leadership team to succeed Kate Quinn, vice chair and chief administrative officer, and Jim Kelligrew, vice chair of corporate and commercial banking, who will retire on June 30. read more

U.S. Bank Makes Executive Leadership Changes

Jeff von Gillern, vice chair of technology and operations services at U.S. Bank, intends to retire in late 2023 after more than 20 years of service to the organization. Meanwhile, Souheil Badran and Dilip Venkatachari will join the company’s executive team. read more

US Bank Receives All Required US Regulatory Approvals for MUFG Acquisition

U.S. Bank has received all required U.S. regulatory approvals to complete its previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (MUFG). read more

US Bank Sets Goal to Achieve Net Zero Greenhouse Gas Emissions by 2050

U.S. Bank unveiled several company-wide commitments to address the impacts of climate change on its business, customers and communities, including setting a goal to achieve Net Zero greenhouse gas emissions by 2050. read more

U.S. Bancorp Enters Agreement to Acquire MUFG Union Bank

U.S. Bancorp entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group. Under the terms of the agreement, U.S. Bancorp will purchase MUFG Union Bank for approximately $8 billion. read more

U.S. Bank Hires Barcelos, Promotes Cunningham and Venturo

U.S. Bank hired Elcio Barcelos as senior EVP and chief human resources officer and promoted Greg Cunningham to senior EVP and restructured his role as chief diversity officer to report directly to the chairman, president and CEO of the bank. The bank also promoted Dominic Venturo to senior EVP and chief digital officer. read more

3 US Bank Women Named to Most Powerful Women in Banking List

Several U.S. Bank women, including Leslie Godridge, Gunjan Kedia and Kate Quinn, were among the 2019 class of the Most Powerful Women in Banking, as celebrated by American Banker. read more

U.S. Bancorp Reports Record Q3 Revenue, Earnings & EPS

U.S. Bancorp reported record Q3 net revenue, earnings and EPS and noted performance was driven by “strong underlying momentum” in each business line. read more

U.S. Bank Names Richard Vice Chairman, Chief Risk Officer

U.S. Bank named industry veteran Jodi Richard its new vice chairman and chief risk officer. Richard will succeed P.W. Parker, who is retiring in the fall. read more

CS Leasing Appoints Mike Krengle VP, Operations

CS Leasing appointed Mike Krengle vice president of Operations. Krengle, with 22 years of container related experience, will head global operations and technical sales/procurement to support CS Leasing’s expanding portfolio. read more

U.S. Bancorp Reports 13.7% Increase in Q1/18 Earnings

U.S. Bancorp reported Q1/18 net income of $1,675 million was up 13.7% from the same quarter a year earlier. Average lease financing loans of $5,532 million at the end of Q1/18 were up from $5,455 million a year earlier. read more

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