U.S. Bancorp announces planned leadership, structural changes for payments business
U.S. Bancorp (USB)
Last u.s. bancorp earnings: 4/15 06:45 am
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Source: Business Wire
Reporting alignment for CFO also moves to CEO MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Chief Financial Officer John Stern now will report directly to Chairman and CEO Andy Cecere, and shared a new leadership structure for its payments and money movement businesses under President Gunjan Kedia.“An important part of achieving our company goals is ensuring we have a strong, aligned leadership team setting our strategy and helping us grow,” said Cecere. “When leadership changes occur, we take our time to look inside and outside the company for talent, implement our succession plans, and adjust how our teams are structured if we see new opportunities to better meet business needs.”John Stern, senior executive vice president and chief financial officer, will begin reporting to Chairman and CEO Andy Cecere directly. This change is effective immediately and reflects Stern’s leadership in the CFO role during the past year. Ste
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- U.S. Bancorp (NYSE: USB) had its price target raised by analysts at Wells Fargo & Company from $60.00 to $62.00. They now have an "overweight" rating on the stock.MarketBeat
USB
Earnings
- 10/16/24 - Beat
USB
Sec Filings
- 11/19/24 - Form 424B3
- 11/19/24 - Form 424B2
- 11/13/24 - Form 424B3
- USB's page on the SEC website