Edition:
United States

People: U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

55.10USD
24 Feb 2017
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Cecere, Andrew 

Mr. Andrew J. Cecere has been appointed as President, Chief Executive Officer, Director of U.S. Bancorp and U.S. Bank National Association ("U.S. Bank"), its principal banking subsidiary, effective April 18, 2017 (AGM). He is no longer Chief Operating Officer of U.S. Bancorp and U.S. Bank National Association ("U.S. Bank"), its principal banking subsidiary, effective April 18, 2017 (AGM). He has served as President and COO since January 2016. Prior to that, he served as Vice Chairman and Chief Financial Officer, and Vice Chairman of Wealth Management and Securities Services. He received his MBA from the Carlson School of Business at the University of Minnesota and his undergraduate degree from the University of St. Thomas in St. Paul, Minn. Demonstrating his commitment to higher education, Cecere serves on the Board of Overseers of the Carlson School of Management at the University of Minnesota and on the Board of Trustees for the University of St. Thomas.

Basic Compensation

Total Annual Compensation, USD 1,670,250
Restricted Stock Awards, USD 3,750,000
Long-Term Incentive Plans, USD --
All Other, USD 1,321,450
Fiscal Year Total, USD 6,741,700

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --