---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-026195"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:11:10.980329+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp names CEO Gunjan Kedia as Chairman; Andy Cecere to retire from board in April 2026

## Summary
- Andrew Cecere, current executive chairman, will retire at the 2026 annual meeting after 40 years; departure not due to any disagreement.
- Gunjan Kedia, CEO and President since April 2025, elected Chairman effective upon Cecere's retirement (April 21, 2026).
- Kedia joined U.S. Bancorp in 2016 and previously led Wealth, Corporate, Commercial and Institutional Banking.
- Roland Hernandez will continue as lead independent director of the Board.

## SEC filing metadata
- accession: 0001193125-26-026195
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312526026195/0001193125-26-026195-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312526026195/d15559d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-026195
- JSON: https://secwatch.observer/filing/0001193125-26-026195.json
- Plain text: https://secwatch.observer/filing/0001193125-26-026195.txt

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