Terrance R. Dolan

Terry Dolan

Age: 62

Vice Chair, Chief Administration Officer

Terry Dolan is vice chair and chief administration officer (CAO) of U.S. Bancorp, a 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.

Terry became CAO of U.S. Bancorp in 2023; his role includes oversight of finance, corporate strategy, marketing, analytics, corporate social responsibility, digital capabilities and growth, public affairs and communications. He previously served as vice chair, chief financial officer, as well as vice chair of Wealth Management and Investment Services, executive vice president and controller. Under his leadership we have focused on driving growth, digital transformation and reinforcing our strong financial position, with our returns on assets and equity among the highest in the industry.

Terry also has been a leader in our community development work and our investments in affordable housing, economic development and renewable energy tax credit financing. He has been actively involved in numerous community organizations that provide services to the homeless, arts and culture, and higher education. He has a bachelor’s degree from the University of St. Thomas.


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