U.S. Bancorp Payment Services Vice Chair Shailesh Kotwal to retire in H1 2025

US BANCORP DE

Shailesh Kotwal, Vice Chair of Payment Services, intends to retire in first half of 2025.
Kotwal, 60, will remain in his role for several months; search for successor begins immediately.
Kotwal joined U.S. Bancorp in 2015 and led Payment Services expansion in digital and card payments.
He was also a key voice on Elavon Financial Services board in Europe.

item 5.02 item 9.01

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Departed

Shailesh M. Kotwal

Vice Chair, Payment Services

USB · US BANCORP DE

Filed: August 21, 2024, 7:59 PM ET

Shailesh M. Kotwal, Vice Chair, Payment Services, has informed U.S. Bancorp of his intention to retire from the company in the first half of 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Shailesh M. Kotwal departed as Vice Chair, Payment Services at US BANCORP DE.

Action: retire
Role: Vice Chair, Payment Services

Exact text from the filing

Shailesh M. Kotwal, Vice Chair, Payment Services, has informed U.S. Bancorp of his intention to retire from the company in the first half of 2025.

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US BANCORP DE filing history →

Source: SEC EDGAR

accession 0001193125-24-204316

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