---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-282682"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:12:30.748398+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp Vice Chair von Gillern to retire late 2023; names new CIO and COO

## Summary
- Jeffry H. von Gillern, Vice Chair of Technology and Operations, to retire in late 2023 after 20+ years.
- von Gillern will remain through most of 2023 to lead tech transformation and MUFG Union Bank integration.
- Dilip Venkatachari named to executive leadership as EVP/Global CIO and CTO, reporting to von Gillern effective January.
- Souheil Badran joins as SEVP and COO from Northwestern Mutual, overseeing operations and call centers, effective Dec. 15.

## SEC filing metadata
- accession: 0001193125-22-282682
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312522282682/0001193125-22-282682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312522282682/d417196d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-282682
- JSON: https://secwatch.observer/filing/0001193125-22-282682.json
- Plain text: https://secwatch.observer/filing/0001193125-22-282682.txt

## Key facts
- Executive change
  Jeffry H. von Gillern departed as Vice Chair, Technology and Operations Services at US BANCORP DE.
  - Action: retire
  - Role: Vice Chair, Technology and Operations Services
  source text: Jeffry H. von Gillern, Vice Chair, Technology and Operations Services, has informed U.S. Bancorp of his intention to retire from the company in late 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36104/000119312522282682/0001193125-22-282682-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
