People: U.S. Bancorp (USB)
USB on New York Consolidated
35.22USD
23 May 2013
35.22USD
23 May 2013
Price Change (% chg)
$-0.15 (-0.42%)
$-0.15 (-0.42%)
Prev Close
$35.37
$35.37
Open
$35.02
$35.02
Day's High
$35.35
$35.35
Day's Low
$35.00
$35.00
Volume
12,779,137
12,779,137
Avg. Vol
10,205,204
10,205,204
52-wk High
$35.90
$35.90
52-wk Low
$28.58
$28.58
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Richard Davis |
55 | 2007 | Chairman of the Board, President, Chief Executive Officer |
Andrew Cecere |
52 | 2007 | Vice Chairman of the Board, Chief Financial Officer |
Terrance Dolan |
51 | 2010 | Vice Chairman - Wealth Management and Securities Services |
John Elmore |
56 | 2013 | Vice Chairman - Community Banking and Branch Delivery |
Joseph Hoesley |
58 | 2006 | Vice Chairman - Commercial Real Estate |
Pamela Joseph |
54 | 2004 | Vice Chairman - Payment Services |
Richard Payne |
65 | 2010 | Vice Chairman - Wholesale Banking |
Kent Stone |
44 | 2013 | Vice Chairman - Consumer Banking Sales and Support |
Jeffry von Gillern |
47 | 2010 | Vice Chairman - Technology and Operations Services |
Richard Hidy |
50 | 2005 | Chief Risk Officer, Executive Vice President |
James Chosy |
49 | 2013 | Executive Vice President, General Counsel, Corporate Secretary |
Jennie Carlson |
52 | 2002 | Executive Vice President - Human Resources |
Michael LaFontaine |
34 | 2012 | Chief Operational Risk Officer, Executive Vice President |
Howell McCullough |
56 | 2007 | Chief Strategy Officer, Executive Vice President, Head - Enterprise Revenue Office |
P. Parker |
56 | 2007 | Chief Credit Officer, Executive Vice President |
Patrick Stokes |
70 | 2011 | Lead Independent Director |
Douglas Baker |
54 | 2008 | Independent Director |
Y. Marc Belton |
53 | 2009 | Independent Director |
Victoria Buyniski Gluckman |
61 | 1990 | Independent Director |
Arthur Collins |
65 | 1996 | Independent Director |
Roland Hernandez |
55 | 2012 | Independent Director |
Joel Johnson |
69 | 1999 | Independent Director |
Olivia Kirtley |
62 | 2006 | Independent Director |
Jerry Levin |
68 | 1995 | Independent Director |
David O'Maley |
66 | 1995 | Independent Director |
O'dell Owens |
65 | 1991 | Independent Director |
Craig Schnuck |
64 | 2002 | Independent Director |
Doreen Woo Ho |
64 | 2012 | Independent Director |
Judith Murphy |
Executive Vice President, Corporate Investor and Public Relations |
Biographies
| Name | Description |
|---|---|
Richard Davis |
Mr. Richard K. Davis is Chairman of the Board, President, Chief Executive Officer of U.S. Bancorp. He has served as Chairman since December 2007, as President since October 2004 and as Chief Executive Officer since December 2006. He also served as Chief Operating Officer of U.S. Bancorp from October 2004 until December 2006. Mr. Davis has held management positions with the company since joining Star Banc Corporation, one of the company's predecessors, as Executive Vice President in 1993. He is also a director of Xcel Energy Inc. since 2006 (Lead Director). |
Andrew Cecere |
Mr. Andrew Cecere is Vice Chairman of the Board, Chief Financial Officer of U.S. Bancorp since February 2007. Until that time, he served as Vice Chairman, Wealth Management and Securities Services of U.S. Bancorp since the merger of Firstar Corporation and U.S. Bancorp in February 2001. Previously, he had served as an executive officer of the former U.S. Bancorp, including as Chief Financial Officer from May 2000 through February 2001. |
Terrance Dolan |
Mr. Terrance R. Dolan is Vice Chairman - Wealth Management and Securities Services of U.S. Bancorp, since July 2010. From September 1998 to July 2010, Mr. Dolan served as U.S. Bancorp’s Controller. He additionally held the title of Executive Vice President from January 2002 until June 2010 and Senior Vice President from September 1998 until January 2002. |
John Elmore |
Mr. John R. Elmore is Vice Chairman - Community Banking and Branch Delivery of U.S. Bancorp., since March 1, 2013. From 1999 to 2013, he served as Executive Vice President, Community Banking, of U.S. Bancorp and its predecessor company, Firstar Corporation. |
Joseph Hoesley |
Mr. Joseph C. Hoesley is Vice Chairman - Commercial Real Estate of U.S. Bancorp, since June 2006. From June 2002 until June 2006, he served as Executive Vice President and National Group Head of Commercial Real Estate at U.S. Bancorp, having previously served as Senior Vice President and Group Head of Commercial Real Estate since joining U.S. Bancorp in 1992. |
Pamela Joseph |
Ms. Pamela A. Joseph is Vice Chairman - Payment Services of U.S. Bancorp, since December 2004. Since November 2004, she has been Chairman and Chief Executive Officer of Elavon Inc., a wholly owned subsidiary of U.S. Bancorp. Prior to that time, she had been President and Chief Operating Officer of Elavon Inc. since February 2000. |
Richard Payne |
Mr. Richard B. Payne, Jr. is Vice Chairman - Wholesale Banking of U.S. Bancorp, since November 2010, when he assumed the additional responsibility for Commercial Banking at U.S. Bancorp. From July 2006, when he joined U.S. Bancorp, until November 2010, Mr. Payne served as Vice Chairman, Corporate Banking at U.S. Bancorp. Prior to joining U.S. Bancorp, he served as Executive Vice President for National City Corporation in Cleveland, with responsibility for Capital Markets, from 2001 to 2006. |
Kent Stone |
Mr. Kent V. Stone is Vice Chairman - Consumer Banking Sales and Support of .S. Bancorp, effective March 1, 2013. He served as an Executive Vice President of U.S. Bancorp from 2000 to 2013, most recently with responsibility for Consumer Banking Support Services since 2006, and held other senior leadership positions with U.S. Bancorp since 1991. |
Jeffry von Gillern |
Mr. Jeffry H. von Gillern is Vice Chairman - Technology and Operations Services of U.S. Bancorp, since July 2010. From April 2001, when he joined U.S. Bancorp, until July 2010, Mr. von Gillern served as Executive Vice President of U.S. Bancorp, additionally serving as Chief Information Officer from July 2007 until July 2010. |
Richard Hidy |
Mr. Richard J. Hidy is Chief Risk Officer, Executive Vice President of U.S. Bancorp, since 2005. From 2003 until 2005, he served as Senior Vice President and Deputy General Counsel of U.S. Bancorp, having served as Senior Vice President and Associate General Counsel of U.S. Bancorp and Firstar Corporation since 1999. |
James Chosy |
Mr. James L. Chosy is an Executive Vice President, General Counsel, Corporate Secretary of U.S. Bancorp, since March 1, 2013. From 2001 to 2013, he served as the General Counsel and Secretary of Piper Jaffray Companies. From 1995 to 2001, Mr. Chosy was Vice President and Associate General Counsel of U.S. Bancorp, having also served as Assistant Secretary of U.S. Bancorp from 1995 through 2000 and as Secretary from 2000 until 2001. |
Jennie Carlson |
Ms. Jennie P. Carlson is an Executive Vice President - Human Resources of U.S. Bancorp., since January 2002. Until that time, she served as Executive Vice President, Deputy General Counsel and Corporate Secretary of U.S. Bancorp since the merger of Firstar Corporation and U.S. Bancorp in February 2001. From 1995 until the merger, she was General Counsel and Secretary of Firstar Corporation and Star Banc Corporation. |
Michael LaFontaine |
Mr. Michael S. LaFontaine is Chief Operational Risk Officer, Executive Vice President of U.S. Bancorp, since October 2012. From 2007 to 2012, he served as Senior Vice President with responsibility for U.S. Bancorp’s corporate compliance, anti-money laundering, and fair lending divisions, and served as Chief Compliance Officer since 2005. |
Howell McCullough |
Mr. Howell D. McCullough is Chief Strategy Officer, Executive Vice President, Head - Enterprise Revenue Office of U.S. Bancorp since September 2007. From July 2005 until September 2007, he served as Director of Strategy and Acquisitions of the Payment Services business of U.S. Bancorp. He also served as Chief Financial Officer of the Payment Services business from October 2006 until September 2007. From March 2001 until July 2005, he served as Senior Vice President and Director of Investor Relations at U.S. Bancorp. |
P. Parker |
Mr. P. W. Parker is Chief Credit Officer, Executive Vice President of U.S. Bancorp, since October 2007. From March 2005 until October 2007, he served as Executive Vice President of Credit Portfolio Management of U.S. Bancorp, having served as Senior Vice President of Credit Portfolio Management of U.S. Bancorp since January 2002. |
Patrick Stokes |
Mr. Patrick T. Stokes is Lead Independent Director of U.S. Bancorp. Mr. Stokes is the former Chairman and former Chief Executive Officer of Anheuser-Busch Companies, Inc., a marketer and producer of beer, operator of family entertainment parks and manufacturer of packaging materials which is now a part of Anheuser-Busch In-Bev N.V./S.A. He served as Chairman of Anheuser-Busch Companies, Inc. from December 2006 to November 2008. He served as President and Chief Executive Officer from 2002 until December 2006 and was affiliated with Anheuser-Busch commencing in 1969. His Other Directorships: Ameren Corporation since 2004 (Human Resources Committee Chair; Finance Committee), Anheuser-Busch Companies, Inc. from 2006 to 2008. |
Douglas Baker |
Mr. Douglas M. Baker, Jr. is Independent Director of U.S. Bancorp. Mr. Baker is the Chairman and Chief Executive Officer of Ecolab Inc., a provider of water and hygiene services and technologies for the food, hospitality, industrial and energy markets. He has served as Chairman since May 2006 and Chief Executive Officer since July 2004. He served as President of Ecolab from 2002 until 2011. He joined Ecolab in 1989 and held various leadership positions within the company before being named President and Chief Operating Officer in 2002. |
Y. Marc Belton |
Mr. Y. Marc Belton is Independent Director of U.S. Bancorp. Mr. Belton is Executive Vice President, Global Strategy, Growth and Marketing Innovation of General Mills, Inc., an S&P 500 manufacturer and marketer of consumer food products. He has held this position since September 2010. Mr. Belton served as Executive Vice President, Worldwide Health, Brand and New Business Development of General Mills from 2005 until September 2010. He joined General Mills in 1983 and held various leadership positions within the company before being named Senior Vice President of Yoplait USA, General Mills Canada Corporation and New Business Development in 2002. He was also the Director of Navistar International Corporation from 1999 to 2009. |
Victoria Buyniski Gluckman |
Ms. Victoria Buyniski Gluckman serves as the Independent Director of US Bancorp. She is retired Chairman and Chief Executive Officer of United Medical Resources, Inc., a third-party administrator of employer healthcare benefits. She served as Chief Executive Officer since founding United Medical Resources in 1983 until April 2008, and as Chairman from 1983 until the acquisition of United Medical Resources by UnitedHealth Group Incorporated in December 2005. Commencing with that transaction and until April 2008, Ms. Buyniski Gluckman assumed the additional duties of Chief Executive Officer of Midwest Security Administrators, another third-party administrator of employer healthcare benefits that is also a subsidiary of UnitedHealth Group. She has also been the director of Ohio National Financial Services, Inc. since 1993 (Audit and Investment Committees). |
Arthur Collins |
Mr. Arthur D. Collins, Jr. is Independent Director of U.S. Bancorp. Mr. Collins is retired Chairman and Chief Executive Officer of Medtronic, Inc., a medical device and technology company, and, like U.S. Bancorp, an S&P 100 company. Mr. Collins served as Chairman of Medtronic from 2002 until August 2008 and Chief Executive Officer from 2002 until August 2007. Mr. Collins also served as Chief Operating Officer of Medtronic from 1994 to 1996 and President and Chief Operating Officer from 1996 to 2002. Since April 2009, Mr. Collins has acted as a senior advisor for Oak Hill Capital Partners, which manages a private equity portfolio of over $8 billion of private equity capital, and over $20 billion of investment capital. His other directorships include Cargill, Incorporated since 2000 (Human Resources Committee Chair; Governance, Audit and Executive Committees), The Boeing Company since 2007 (Finance Committee Chair; Audit Committee), Alcoa Inc. since 2010 (Audit and Compensation and Benefits Committees) and Medtronic, Inc. from 2002 to 2008. |
Roland Hernandez |
Mr. Roland A. Hernandez has been appointed as Independent Director of U.S. Bancorp. He is the Founding Principal and Chief Executive Officer of Hernandez Media Ventures, a privately held company engaged in the acquisition and management of media assets. He has served in this capacity since January 2001. Mr. Hernandez served as Chairman of Telemundo Group, Inc., a Spanish-language television and entertainment company, from 1998 to 2000 and as President and Chief Executive Officer from 1995 to 2000. His other directorships include MGM Resorts International since 2002 (Lead Director; Audit Committee Chair; Corporate and Social Responsibility Committee), Vail Resorts, Inc. since 2002 (Lead Director; Nominating and Governance Committee Chair; Executive and Audit Committees), Sony Corporation since 2008 (Nominating Committee), The Ryland Group, Inc. from 2001 to 2012, Lehman Brothers Holdings, Inc. from 2005 to 2012, Wal-Mart Stores, Inc. from 1998 to 2008 and Telemundo Group, Inc. from 1990 to 2000. As the former President, Chief Executive Officer and Chairman of a television and entertainment company, and through his experience on the Boards of MGM Resorts, Sony Corporation and Wal-Mart Stores, Mr. Hernandez has gained a broad understanding of the retail consumer particularly relevant to a consumer bank such as U.S. Bank. |
Joel Johnson |
Mr. Joel W. Johnson is Independent Director of U.S. Bancorp. Mr. Johnson is the retired Chairman and Chief Executive Officer of Hormel Foods Corporation, a food processing company, and serves as a director of the Hormel Foundation. Mr. Johnson served as Chairman of Hormel from 1995 through October 2006 and Chief Executive Officer from 1993 through December 2005. He served as President from 1992 until May 2004. He joined Hormel in 1991 as Executive Vice President, Sales and Marketing. His Other Directorships: Meredith Corporation since 1994 (Finance Committee Chair; Nominating/Governance Committee), Ecolab Inc. since 1996 (Audit Committee Chair; Governance Committee) and Hormel Foods Corporation from 1991 to 2006. |
Olivia Kirtley |
Ms. Olivia F. Kirtley is Independent Director of U.S. Bancorp. Ms. Kirtley, a certified public accountant, is a business consultant on strategic and corporate governance issues. She has served in this capacity during all of the past five years. Ms. Kirtley brings experience and insight to the Board in the areas of audit and corporate governance. In addition to her experience in audit and tax issues developed in part as a senior manager at a predecessor to auditing firm Ernst & Young LLP, Ms. Kirtley also brings corporate management experience from her tenure at Vermont American Corporation, where she held the positions of Treasurer, Vice President and Chief Financial Officer. Her Other Directorships: Res-Care, Inc. since 1998 (Audit Committee Chair), Papa Johns International, Inc. since 2003 (Audit Committee Chair; Compensation Committee), Lancer Corporation from 1999 to 2006 and Alderwoods Group, Inc. from 2002 to 2006. Ms. Kirtley's excellence in her field has been recognized in her past service as Chair of the American Institute of Certified Public Accountants, Chair of the AICPA Board of Examiners, and as a current U.S. member and Deputy President of the Board of the International Federation of Accountants (IFAC), which establishes international auditing, ethics and education standards for the global accounting profession. |
Jerry Levin |
Mr. Jerry W. Levin is Independent Director of U.S. Bancorp. Mr. Levin is Chairman and Chief Executive Officer of Wilton Brands Inc., a creative consumer products company, and has served in that position since October 2009. Mr. Levin has also served as Chairman and Chief Executive Officer of JW Levin Partners LLC, a management and investment firm, since founding the firm in February 2005. He served as Vice Chairman of Clinton Group, a private diversified asset management company, from December 2007 until October 2008. Mr. Levin served as Chairman of Sharper Image Corporation, a specialty retailer, from September 2006 until April 2008 and as interim Chief Executive Officer from September 2006 until April 2007. From 1998 until January 2005, Mr. Levin served as the Chairman and Chief Executive Officer of American Household, Inc. (formerly Sunbeam Corporation), a consumer products company. His Other Directorships: Ecolab Inc. since 1992 (Lead Director; Compensation Committee Vice Chair; Governance Committee Chair), Saks Incorporated since 2007 (Audit and Finance Committees), Sharper Image Corporation from 2006 to 2008, Wendy's International from 2006 to 2008 and American Household, Inc. (formerly Sunbeam Corporation) from 1998 to 2005. |
David O'Maley |
Mr. David B. O'Maley is Independent Director of U.S. Bancorp. Mr. O’Maley is the retired Chairman, President and Chief Executive Officer of Ohio National Mutual Holdings, Inc. and its subsidiary Ohio National Financial Services, Inc., an intermediate insurance holding company that markets insurance and financial products through its affiliates, including The Ohio National Life Insurance Company. Mr. O'Maley served as Executive Chairman of these companies from November 2010 to May 2012 after serving as Chairman, President and Chief Executive Officer of Ohio National Mutual Holdings and Ohio National Financial Services from 1994 until November 2010. He joined Ohio National in 1992. His Other Directorships: The Midland Company from 1998 to 2008. |
O'dell Owens |
Dr. O'dell M. Owens M.D. M.P.H., is Independent Director of U.S. Bancorp. He is President of Cincinnati State Technical and Community College, an institution of higher education, and has served in that position since September 2010. Dr. Owens has also been providing services as an independent consultant in medicine, business, education and work-site employee benefits since 2001 and has served as the President and Chairman of the Board for Project GRAD (Graduation Really Achieves Dreams), a national non-profit organization formed to improve inner-city education, since 2001. From 2004 to 2010, Dr. Owens served as Coroner of Hamilton County, Ohio. |
Craig Schnuck |
Mr. Craig D. Schnuck is Independent Director of U.S. Bancorp. Mr. Schnuck is the former Chairman and Chief Executive Officer of Schnuck Markets, Inc., a regional supermarket chain. He was elected President of Schnuck Markets in 1984 and served as Chief Executive Officer from 1989 until January 2006. He served as Chairman from 1991 until December 2006. Mr. Schnuck continues to be active in the Schnuck Markets business and serves as Chair of its Executive Committee. As the Chair of the Executive Committee of a regional food retailer, Mr. Schnuck continues to be involved in the strategic and business concerns of that company, and brings to the company substantial leadership experience gained as its longtime Chairman and Chief Executive Officer. Mr. Schnuck also served for nine years on the board of governors of the Uniform Code Council, the agency that oversees his industry's most fundamental technologies, serving as chairman for two terms, giving him additional insight into technological innovation in retail business, which is an important focus in various U.S. Bancorp business lines. Mr. Schnuck served as a bank director for several of U.S. Bank's predecessor banks from 1979 to 1991, and of predecessor bank holding companies from 1991 to 2001. |
Doreen Woo Ho |
Ms. Doreen Woo Ho has been appointed as Independent Director of U.S. Bancorp effective January 16, 2012. Ms. Woo Ho is President of the San Francisco Port Commission, the governing board responsible for the San Francisco, California, waterfront adjacent to San Francisco Bay. She has served as President since January 2012 and as a Commissioner since May 2011. Ms. Woo Ho served as President and Chief Executive Officer of United Commercial Bank, a California commercial bank, from September 2009 to November 2009. She served as President of Community Banking at United Commercial from January 2009 to September 2009. Ms. Woo Ho served as Executive Vice President responsible for Enterprise Marketing at Wells Fargo & Company, a diversified financial services company, in 2008. She served as President of the Consumer Credit Group of Wells Fargo from 1998 to 2007. Ms. Woo Ho was also a member of the Wells Fargo Management Committee from 1999 to 2008. |
Judith Murphy |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Richard Davis |
18,213,800 |
Andrew Cecere |
7,649,790 |
Terrance Dolan |
-- |
John Elmore |
-- |
Joseph Hoesley |
-- |
Pamela Joseph |
6,699,000 |
Richard Payne |
3,817,380 |
Kent Stone |
-- |
Jeffry von Gillern |
-- |
Richard Hidy |
-- |
James Chosy |
-- |
Jennie Carlson |
-- |
Michael LaFontaine |
-- |
Howell McCullough |
-- |
P. Parker |
-- |
Patrick Stokes |
-- |
Douglas Baker |
-- |
Y. Marc Belton |
-- |
Victoria Buyniski Gluckman |
-- |
Arthur Collins |
-- |
Roland Hernandez |
-- |
Joel Johnson |
-- |
Olivia Kirtley |
-- |
Jerry Levin |
-- |
David O'Maley |
-- |
O'dell Owens |
-- |
Craig Schnuck |
-- |
Doreen Woo Ho |
-- |
Judith Murphy |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Richard Davis |
3,159,808 | 16,949,390 |
Andrew Cecere |
1,253,040 | 5,891,400 |
Terrance Dolan |
0 | 0 |
John Elmore |
0 | 0 |
Joseph Hoesley |
0 | 0 |
Pamela Joseph |
151,021 | 2,383,240 |
Richard Payne |
100,000 | 1,992,210 |
Kent Stone |
0 | 0 |
Jeffry von Gillern |
0 | 0 |
Richard Hidy |
0 | 0 |
James Chosy |
0 | 0 |
Jennie Carlson |
0 | 0 |
Michael LaFontaine |
0 | 0 |
Howell McCullough |
0 | 0 |
P. Parker |
0 | 0 |
Patrick Stokes |
0 | 0 |
Douglas Baker |
0 | 0 |
Y. Marc Belton |
0 | 0 |
Victoria Buyniski Gluckman |
0 | 0 |
Arthur Collins |
0 | 0 |
Roland Hernandez |
0 | 0 |
Joel Johnson |
0 | 0 |
Olivia Kirtley |
0 | 0 |
Jerry Levin |
0 | 0 |
David O'Maley |
0 | 0 |
O'dell Owens |
0 | 0 |
Craig Schnuck |
0 | 0 |
Doreen Woo Ho |
0 | 0 |
Judith Murphy |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
HOESLEY JOSEPH C |
30,000 | $33.67 |
DAVIS RICHARD K |
5,794 | $0.00 |
DOLAN TERRANCE R |
13,567 | $33.45 |
PAYNE RICHARD B JR |
30,000 | $33.23 |
LAFONTAINE MICHAEL S |
1,800 | $33.25 |
PARKER PAUL W |
16,603 | $28.50 |
LEVIN JERRY W |
18,800 | $31.20 |
LEVIN JERRY W |
11,125 | $29.58 |
LEVIN JERRY W |
43,666 | $33.25 |
LEVIN JERRY W |
7,859 | $30.40 |
LEVIN JERRY W |
5,882 | $28.50 |
PARKER PAUL W |
16,603 | $33.28 |
PARKER PAUL W |
3,471 | $33.29 |
DOLAN TERRANCE R |
1,219 | $32.53 |
LAFONTAINE MICHAEL S |
1,278 | $32.53 |
VON GILLERN JEFFRY H |
1,079 | $32.53 |
VON GILLERN JEFFRY H |
8,710 | $11.02 |
VON GILLERN JEFFRY H |
21,710 | $32.35 |
LEVIN JERRY W |
1,535 | $32.21 |
DAVIS RICHARD K |
67,251 | $0.00 |
DAVIS RICHARD K |
67,251 | $0.00 |
JOSEPH PAMELA A |
6,807 | $33.99 |
PARKER PAUL W |
4,025 | $33.99 |
HOESLEY JOSEPH C |
4,025 | $33.99 |
CARLSON JENNIE P |
4,025 | $33.99 |

