---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014310"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T11:07:28.122678+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp elects Alan B. Colberg to board; Kirtley to retire at 2023 meeting

## Summary
- Alan B. Colberg elected as director effective Jan 24, 2023; serves on Audit and Public Responsibility Committees.
- Colberg was CEO of Assurant, Inc. (2015-2021) and previously at Bain & Company.
- Olivia F. Kirtley to retire after current term at 2023 Annual Meeting for personal reasons.
- Colberg receives standard non-employee director compensation as described in proxy statement.

## SEC filing metadata
- accession: 0001193125-23-014310
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312523014310/0001193125-23-014310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312523014310/d411562d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014310
- JSON: https://secwatch.observer/filing/0001193125-23-014310.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014310.txt

## Key facts
- Executive change
  Alan B. Colberg was elected as director at US BANCORP DE.
  - Action: elected
  - Role: director
  source text: On January 24, 2023, the Board of Directors of U.S. Bancorp (the “Company”) elected Alan B. Colberg as a director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36104/000119312523014310/0001193125-23-014310-index.htm
- Executive change
  Olivia F. Kirtley departed as director at US BANCORP DE.
  - Action: retire
  - Role: director
  source text: In addition, on January 24, 2023, Olivia F. Kirtley, a director of the Company, notified the Company of her decision to retire from the Company’s Board of Directors following expiration of her current term at the Company’s 2023 Annual Meeting of Shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36104/000119312523014310/0001193125-23-014310-index.htm

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