MINNEAPOLIS--(BUSINESS WIRE)--Oct. 17, 2017--
U.S. Bancorp (NYSE:USB) announced today that its Board of Directors has
elected Richard P. McKenney as a director of the company, effective
immediately.
McKenney, 48, is the president and chief executive officer of
Chattanooga, Tenn., based Unum Group (NYSE:UNM), a leading provider of
financial protection benefits in the workplace, including disability,
life, dental, and voluntary benefits.
He joined Unum in 2009 as executive vice president and chief financial
officer, where he was responsible for overall financial management of
the company. Previously, McKenney worked for Sun Life Financial, Inc. as
executive vice president and chief financial officer. He began his
career at General Electric, transitioning from manufacturing to
financial leadership roles over the course of his career.
“Rick’s extensive leadership experience makes him a valuable addition to
our Board of Directors,” said Richard K. Davis, executive chairman of
U.S. Bancorp. “His financial risk expertise within the financial
industry will be invaluable and help inform our strategy and business
planning. We are delighted that he is joining our Board and look forward
to benefitting from his contributions and perspective.”
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $464 billion in assets as of June 30, 2017, is the parent company
of U.S. Bank National Association, the fifth largest commercial bank in
the United States. The Company operates 3,088 banking offices in 25
states and 4,826 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171017006306/en/
Source: U.S. Bancorp
U.S. Bank Investor Relations
Jennifer Thompson, 612-303-0778
jen.thompson@usbank.com
or
U.S.
Bank Corporate Financial Communications
Stacey Wempen,
612-303-7620
stacey.wempen@usbank.com
Twitter
@usbank_news