MINNEAPOLIS--(BUSINESS WIRE)--Apr. 25, 2016--
U.S. Bancorp (NYSE:USB), parent company of U.S. Bank, the fifth largest
commercial bank in the United States, announced today that its board of
directors has elected Laura Bednarski, U.S. Bancorp senior vice
president and deputy general counsel, as corporate secretary. She
reports to Jim Chosy, executive vice president and general counsel, and
is based in Minneapolis.
Since joining U.S. Bancorp in 2000, Bednarski has been responsible for
the company’s corporate governance matters. She currently leads a legal
team that supports a broad range of disciplines within the organization,
including public company and securities, mergers and acquisitions,
corporate treasury, corporate real estate and technology and operations
services.
In her role as corporate secretary, Bednarski will be responsible for
ensuring the integrity of the company's corporate structure and
processes, maintaining compliance with corporate legal requirements and
implementing decisions of the board of directors. She will also act as
the company's named representative on legal and other documents.
“Laura will be an excellent representative of U.S. Bancorp as corporate
secretary, bringing her considerable experience and judgment to bear in
this important role,” said Chosy. “I have the utmost confidence in Laura
in representing our company with various constituents with respect to
corporate governance and related legal matters. She is a recognized
leader in this field and is widely respected for her expertise."
Prior to joining U.S. Bancorp, Bednarski served at the law firm Faegre &
Benson – a predecessor of Faegre Baker Daniels – in Minneapolis, where
she primarily practiced in the areas of mergers and acquisitions and
capital markets. She also spent three years practicing in the corporate
group of law firm Wilkie, Farr & Gallagher in New York City. She
received her J.D. from Columbia University School of Law and her
bachelor’s degrees in economics and French from Duke University.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $429 billion in assets
as of March 31, 2016, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
company operates 3,129 banking offices in 25 states and 4,954 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. Bank Investor Relations
Jennifer Thompson, 612-303-0778
jen.thompson@usbank.com
or
U.S.
Bank Corporate Communications
Dana Ripley, 612-303-3167
dana.ripley@usbank.com
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