MINNEAPOLIS--(BUSINESS WIRE)--Oct. 26, 2015--
U.S. Bancorp (NYSE: USB) announced today that its Board of Directors has
elected Warner L. Baxter, Marc N. Casper and Karen S. Lynch as directors
of the company. Mr. Baxter and Ms. Lynch will join the board on
December 7, 2015, and Mr. Casper will join the Board on March 1, 2016.
Baxter, 54, is the Chairman, President and Chief Executive Officer of
Ameren Corporation, a regulated electric and gas utility company serving
customers in Missouri and Illinois. He has served Ameren Corporation in
various leadership capacities since 1995. Casper, 47, has served as the
President and Chief Executive Officer of Thermo Fisher Scientific Inc.,
a leader in life sciences and healthcare technologies, since 2009.
Lynch, 52, is the current President of Aetna Inc., a diversified health
care benefits company, and has served in various leadership capacities
in health care management and insurance companies during her career.
“Warner, Marc and Karen’s extensive leadership experience makes them
valuable additions to our Board of Directors,” said Richard K. Davis,
chairman, president and chief executive officer of U.S. Bancorp. “They
each bring a unique set of strengths and expertise, from risk
management, to successful operations within regulated industries, to
financial reporting and accounting matters. We are delighted that
Warner, Marc and Karen are becoming members of our Board and are looking
forward to benefitting from their contributions and diverse
perspectives.”
Minneapolis-based U.S. Bancorp (“USB”), with $416 billion in assets as
of September 30, 2015, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
Company operates 3,151 banking offices in 25 states and 5,001 ATMs and
provides a comprehensive line of banking, investment, mortgage, trust
and payment services products to consumers, businesses and institutions.
Visit U.S. Bancorp on the web at www.usbank.com.
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Source: U.S. Bancorp
U.S. Bancorp
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Dana E. Ripley, 612-303-3167
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Sean
O’Connor, 612-303-0778