Andy Cecere is the chairman, president and chief executive officer of U.S. Bancorp, a well-respected financial services holding company with businesses across the United States, Canada and Europe. U.S. Bancorp is headquartered in Minneapolis and is the parent company of U.S. Bank, which is the fifth-largest commercial bank in the United States. U.S. Bancorp is also the parent company of Elavon, a leader in the payment processing industry. Andy became chairman of U.S. Bancorp in 2018, and he chairs the company’s Managing Committee, the highest-ranking executives within the organization.
Andy’s financial career spans nearly 40 years. He started as a financial analyst at Control Data Corporation before joining U.S. Bancorp in its finance group in 1985. He was named vice president of acquisition analysis in 1990 and was promoted to senior vice president of finance and planning in 1992. He served as chief administrative officer for business banking, private financial services and relationship banking from 1996 to 1999.
In 1999, Andy became a U.S. Bank vice chairman, with responsibility for the company’s corporate trust, leasing, treasury management, international banking and government banking functions, before serving as the company’s chief financial officer from 2000 to 2001. Subsequently, he spent six years as the vice chairman of the company’s wealth management division.
Andy then served as vice chairman and CFO of U.S. Bancorp from 2007 to 2015. He was named chief operating officer in early 2015, ascended to president in 2016 and became chief executive officer in 2017.
Andy serves on the board of overseers for the Carlson School of Management at the University of Minnesota, and the board of trustees for the University of St. Thomas. He is active with Bank Policy Institute (BPI), Business Council, Business Roundtable, MN Business Partnership, and The Clearing House (TCH).
Andy earned his master’s of business administration degree in finance from the University of Minnesota and a bachelor’s degree in business administration and finance from the University of St. Thomas.