Joe Redwine is retiring from his role as president after 39 years
with U.S. Bancorp
MILWAUKEE--(BUSINESS WIRE)--Mar. 30, 2017--
U.S. Bancorp Fund Services has announced that Joe Neuberger, currently
executive vice president and chief operating officer of U.S. Bancorp
Fund Services, will succeed Joe Redwine as president this April. As
president, Neuberger will be responsible for the day-to-day management,
financial performance and long-term growth strategy of U.S. Bancorp’s
fund services business.
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Joe Neuberger, U.S. Bancorp Fund Services (Photo: U.S. Bank)
“Joe is the right person at the right time to take U.S. Bancorp Fund
Services to the next level, both in client service and the growth of the
business,” said Gunjan Kedia, vice chairman of U.S. Bancorp’s Wealth
Management & Securities Services division. “He has proven himself to be
an inspiring leader and has the talent and experience needed to deliver
on high client expectations.”
Neuberger has been with U.S. Bancorp Fund Services since 1994 and has
been instrumental in helping further establish and grow the Fund
Administration business. His role expanded to include Fund Accounting,
Alternative Investments, Relationship Management, Tax, Legal
Administration, and most recently, Transfer Agent, Distribution (Quasar
Distributors) and Regulatory Support Services.
“It is truly an honor to be named the next president of U.S. Bancorp
Fund Services. I am passionate about our associates, clients,
partnerships and commitment to a tradition of service excellence,”
Neuberger said. “I am thankful to Joe Redwine for his years of service
with this organization and the model he has set for continually working
to provide our clients with the exceptional support they have come to
expect from us.”
Redwine, who has been with U.S. Bancorp for 39 years, will retire at the
end of this July. He has led U.S. Bancorp Fund Services since 1991, and
previously served in relationship management roles in the Private Client
Group and Institutional Trust & Custody of U.S. Bancorp.
“From our culture to our core values, Joe [Neuberger] shares my
dedication to the success of our company and our clients. Under his
leadership, I am confident we will continue to build on the growth that
our business has experienced over nearly five decades,” Redwine said.
“For me, these past 26 years have been the most exciting, rewarding and
fun of my career. I attribute that experience to the privilege it has
been to partner with our clients and work alongside our dedicated team
of professionals.”
About U.S. Bancorp Fund Services
Headquartered in Milwaukee
since 1969, U.S. Bancorp Fund Services LLC provides single-source
solutions to support a variety of investment strategies and products,
including mutual funds, alternative investments, open-end, closed-end
and exchange-traded funds. The division currently services 556 fund
families comprised of 3,352 portfolios, 4,216 fund classes and 3.6
million shareholder accounts with $959 billion in client assets. U.S.
Bancorp Fund Services is a subsidiary of U.S. Bank, the fifth largest
commercial bank in the United States. Visit U.S. Bancorp Fund Services
on the web at usbfs.com.
About U.S. Bancorp
Minneapolis-based U.S. Bancorp (NYSE:
USB), with $446 billion in assets as of Dec. 31, 2016, is the parent
company of U.S. Bank National Association, the fifth largest commercial
bank in the United States. The Company operates 3,106 banking offices in
25 states and 4,842 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.
Investment products and services are:
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Not a Deposit
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Not FDIC Insured
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Not Guaranteed by the Bank
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May Lose Value
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Not Insured by Any Federal Government Agency
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For U.S. Bank
Deposit products offered by U.S. Bank National
Association. Member FDIC. Credit products offered by U.S. Bank National
Association and subject to normal credit approval.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170330005816/en/
Source: U.S. Bank
U.S. Bank
Michael Walsh, 612-303-9122
Vice President of
Public Relations
michael.walsh@usbank.com
or
Mark
Pawlyshyn, 414-765-5758
Senior Vice President
mark.pawlyshyn@usbank.com