U.S. Bancorp names Dolan CAO, Stern CFO; von Gillern retires Sept 1, Venkatachari executive officer

US BANCORP DE

Jeffry H. von Gillern resigns as Vice Chair, Technology and Operations Services effective Sept 1, 2023; remains advisor to CEO through Dec 31, 2023.
Terrance R. Dolan appointed Vice Chair and Chief Administration Officer effective Sept 1, 2023, ceasing as CFO on that date.
John C. Stern promoted to Senior Executive Vice President and CFO, reporting to Dolan; base salary $700,000, target cash incentive 180% of base, long-term equity target $2.5M.
Dilip Venkatachari (CIO) becomes executive officer reporting directly to CEO effective Sept 1, 2023, assuming von Gillern's day-to-day responsibilities.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Terrance R. Dolan

Vice Chair and Chief Administration Officer

USB · US BANCORP DE

Effective: 2023-09-01
Successor: John C. Stern
Filed: August 23, 2023, 7:59 PM ET

appointed Terrance R. Dolan to the position of Vice Chair and Chief Administration Officer, effective September 1, 2023.

Departed

Jeffry H. von Gillern

Vice Chair, Technology and Operations Services

USB · US BANCORP DE

Effective: 2023-09-01
Filed: August 23, 2023, 7:59 PM ET

Jeffry H. von Gillern will resign from his position as Vice Chair, Technology and Operations Services of U.S. Bancorp

Appointed

John C. Stern

Senior Executive Vice President and Chief Financial Officer

USB · US BANCORP DE

Effective: 2023-09-01
Filed: August 23, 2023, 7:59 PM ET

John C. Stern also was appointed Senior Executive Vice President and Chief Financial Officer of the Company, reporting to Mr. Dolan.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Terrance R. Dolan was appointed as Vice Chair and Chief Administration Officer at US BANCORP DE.

Action: appointed
Role: Vice Chair and Chief Administration Officer

Exact text from the filing

appointed Terrance R. Dolan to the position of Vice Chair and Chief Administration Officer, effective September 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffry H. von Gillern resigned as Vice Chair, Technology and Operations Services at US BANCORP DE.

Action: resigned
Role: Vice Chair, Technology and Operations Services

Exact text from the filing

Jeffry H. von Gillern will resign from his position as Vice Chair, Technology and Operations Services of U.S. Bancorp

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John C. Stern was appointed as Senior Executive Vice President and Chief Financial Officer at US BANCORP DE.

Action: appointed
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

John C. Stern also was appointed Senior Executive Vice President and Chief Financial Officer of the Company, reporting to Mr. Dolan.

View on SEC.gov

US BANCORP DE filing history →

Source: SEC EDGAR

accession 0001193125-23-218674

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