secwatch / observer

US BANCORP DE — fact timeline

Source-grounded facts extracted from US BANCORP DE's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

USB US BANCORP DE JSON
Earnings Releases

US BANCORP DE reported financial results for the quarter ended March 31, 2026.

“On April 16, 2026, U.S. Bancorp (the “Company”) issued a press release reporting financial results for the quarter ended March 31, 2026. The press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.”

Kimberly J. Harris resigned as Director at US BANCORP DE.

“On March 24, 2025, Kimberly J. Harris, a director of U.S. Bancorp (the “Company”), notified the Company’s Board of Directors (the “Board”) of her decision to resign from the Board, effective immediately, and not stand for re-election at the Company’s 2025 annual meeting of shareholders.”

Scott W. Wine departed as Director at US BANCORP DE.

“Scott W. Wine notified the Board that he does not intend to stand for re-election to the Company’s Board of Directors following expiration of his current term at the Company’s 2025 Annual Meeting of Shareholders.”

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

“Shailesh M. Kotwal will cease to serve as the Company’s Vice Chair, Payment Services, effective February 3, 2025.”

Andrew Cecere changed role as Executive Chairman at US BANCORP DE.

“Andrew Cecere, who is currently serving as Chairman and Chief Executive Officer of U.S. Bancorp and U.S. Bank, will continue his service on the Board as Executive Chairman, effective April 15, 2025.”

Gunjan Kedia was elected as Director at US BANCORP DE.

“Ms. Kedia was also elected to the Board, effective immediately.”

Gunjan Kedia was elected as President and Chief Executive Officer at US BANCORP DE.

“the Board of Directors of U.S. Bancorp (the “Board”) elected Gunjan Kedia, 54, to the position of President and Chief Executive Officer of U.S. Bancorp and U.S. Bank National Association (“U.S. Bank”), its principal banking subsidiary, effective April 15, 2025.”

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

“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.”

Aleem Gillani was elected as director at US BANCORP DE.

“On July 16, 2024, the Board of Directors of U.S. Bancorp (the “Company”) elected Aleem Gillani as a director of the Company, effective immediately.”

Timothy A. Welsh departed as Vice Chair, Consumer and Business Banking at US BANCORP DE.

“On June 27, 2024, U.S. Bancorp (the “Company”) announced certain organizational changes, including that Timothy A. Welsh will cease to serve as Vice Chair, Consumer and Business Banking, effective July 31, 2024.”

Gunjan Kedia changed role as President at US BANCORP DE.

“On May 3, 2024, U.S. Bancorp announced the promotion of Gunjan Kedia, 53, to the position of President of U.S. Bancorp and U.S. Bank National Association (“U.S. Bank”), its principal banking subsidiary, effective immediately.”
Shareholder Votes

US BANCORP DE shareholders approved Approval of the U.S. Bancorp 2024 Stock Incentive Plan (the “2024 Plan”). at the 2024-04-16 meeting.

“Proposal 4 : Approval of the 2024 Plan. The Company’s shareholders approved the 2024 Plan, and the voting results are set forth below:”
Shareholder Votes

US BANCORP DE shareholders approved Ratification of the selection of Ernst & Young LLP as the Company’s independent auditor for the 2024 fiscal year. at the 2024-04-16 meeting.

“Proposal 3 : Ratification of the selection of Ernst & Young LLP as the Company’s independent auditor for the 2024 fiscal year. The Company’s shareholders ratified the selection of Ernst & Young LLP, and the voting results are set forth below:”
Shareholder Votes

US BANCORP DE shareholders approved Advisory vote to approve the compensation of the Company’s executive officers as disclosed in the Proxy Statement. at the 2024-04-16 meeting.

“Proposal 2 : Advisory vote to approve the compensation of the Company’s executive officers as disclosed in the Proxy Statement. The Company’s shareholders gave advisory approval of the compensation of the Company’s executive officers as disclosed in the Proxy Statement, and the voting results are set forth below:”
Shareholder Votes

US BANCORP DE shareholders approved Election of thirteen directors to serve for a one-year term until the 2025 annual meeting of shareholders. at the 2024-04-16 meeting.

“Proposal 1 : Election of thirteen directors to serve for a one-year term until the 2025 annual meeting of shareholders. The Company’s shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Earnings Releases

US BANCORP DE reported financial results for the quarter ended March 31, 2024.

“On April 17, 2024, U.S. Bancorp (the “Company”) issued a press release reporting financial results for the quarter ended March 31, 2024. The press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.”
Earnings Releases

US BANCORP DE reported financial results for quarter ended December 31, 2023.

“On January 17, 2024, U.S. Bancorp (the “Company”) issued a press release reporting quarter-ended December 31, 2023 results”
Governance Changes

US BANCORP DE: Amended and Restated Bylaws effective immediately, including updates for universal proxy rules, refining notice requirements, clarifying board/meeting chair authority, and requiring non-white proxy card color for stockholder solicitation (effective 2023-10-17).

“On October 17, 2023, the Board of Directors (the “Board”) of U.S. Bancorp (the “Company”) approved and adopted the Company’s Amended and Restated Bylaws (the “Bylaws”), which became effective immediately.”
Earnings Releases

US BANCORP DE reported financial results for quarter ended September 30, 2023.

“On October 18, 2023, U.S. Bancorp (the “Company”) issued a press release reporting quarter-ended September 30, 2023 results”

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

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

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

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

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

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

US BANCORP DE reported financial results for quarter-ended June 30, 2023.

“On July 19, 2023, U.S. Bancorp (the “Company”) issued a press release reporting quarter-ended June 30, 2023 results”
Shareholder Votes

US BANCORP DE shareholders approved Ratification of the selection of Ernst & Young LLP as the Company’s independent auditor for the 2023 fiscal year. at the 2023-04-18 meeting.

“Proposal 4 : Ratification of the selection of Ernst & Young LLP as the Company’s independent auditor for the 2023 fiscal year. The Company’s shareholders ratified the selection of Ernst & Young LLP, and the voting results are set forth below: For Against Abstentions Broker Non-Votes 1,255,678,117 37,906,873 2,384,832 —”
Shareholder Votes

US BANCORP DE shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation. at the 2023-04-18 meeting.

“Proposal 3 : Advisory vote on the frequency of future advisory votes on executive compensation. Holders of a majority of the Company’s shares voted at the meeting expressed a preference to hold the advisory vote on executive compensation on an annual basis, and the voting results are set forth below: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 1,099,426,752 3,170,011 18,767,489 3,955,087 170,650,483”
Shareholder Votes

US BANCORP DE shareholders approved Advisory vote to approve the compensation of the Company’s executive officers as disclosed in the Proxy Statement. at the 2023-04-18 meeting.

“Proposal 2 : Advisory vote to approve the compensation of the Company’s executive officers as disclosed in the Proxy Statement. The Company’s shareholders gave advisory approval of the compensation of the Company’s executive officers as disclosed in the Proxy Statement, and the voting results are set forth below: For Against Abstentions Broker Non-Votes 1,040,017,189 79,038,927 6,263,223 170,650,483”
Shareholder Votes

US BANCORP DE shareholders approved Election of thirteen directors to serve for a one-year term until the 2024 annual meeting of shareholders. at the 2023-04-18 meeting.

“Proposal 1 : Election of thirteen directors to serve for a one-year term until the 2024 annual meeting of shareholders. The Company’s shareholders elected each of the thirteen nominees for director, and the voting results are set forth below: Name For Against Abstentions Broker Non-Votes Warner L. Baxter 1,099,245,610 23,480,489 2,593,240 170,650,483 Dorothy J. Bridges 1,113,661,483 9,282,972 2,374,884 170,650,483 Elizabeth L. Buse 1,115,555,813 7,289,170 2,474,356 170,650,483 Andrew Cecere 1,063,937,014 56,669,469 4,712,856 170,650,483 Alan B. Colberg 1,116,249,238 6,456,393 2,613,708 170,650,483 Kimberly N. Ellison-Taylor 1,114,465,623 8,026,658 2,827,058 170,650,483 Kimberly J. Harris 1,096,005,344 26,932,379 2,381,616 170,650,483 Roland A. Hernandez 1,094,921,831 27,882,542 2,514,966 170,650,483 Richard P. McKenney 1,108,944,204 13,740,620 2,634,515 170,650,483 Yusuf I. Mehdi 1,114,925,034 7,861,375 2,532,930 170,650,483 Loretta E. Reynolds 1,116,005,696 6,909,815 2,403,828 170,650”
Earnings Releases

US BANCORP DE reported financial results for quarter-ended March 31, 2023.

“On April 19, 2023, U.S. Bancorp (the “Company”) issued a press release reporting quarter-ended March 31, 2023 results, and posted on its website its 1Q23 Earnings Conference Call Presentation, which contains certain additional historical and forward-looking information relating to the Company.”

John C. Stern was appointed as Chief Financial Officer at US BANCORP DE.

“John C. Stern will be promoted to Head of Finance beginning May 1, 2023, and is expected to become the Company's Chief Financial Officer effective September 1, 2023.”

Terrance R. Dolan changed role as Vice Chair and Chief Administration Officer at US BANCORP DE.

“Terrance R. Dolan, Vice Chair and Chief Financial Officer, will assume expanded responsibilities by June 30, 2023, and is expected to become Vice Chair and Chief Administration Officer of the Company effective September 1, 2023.”
Earnings Releases

US BANCORP DE reported quarter-ended December 31, 2022 results: net income $1.9 billion, EPS $1.20.

“U.S. Bancorp Completes Acquisition of MUFG Union Bank Reports Fourth Quarter and Full Year 2022 Results • Net income of $1.9 billion and diluted earnings per common share of $1.20, excluding notable items related to the acquisition of MUFG Union Bank for 4Q22”

Olivia F. Kirtley departed as director at US BANCORP DE.

“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.”

Alan B. Colberg was elected as director at US BANCORP DE.

“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.”
M&A Transactions

US BANCORP DE completed an acquisition involving Mitsubishi UFJ Financial Group, Inc. for $5.5 billion in cash, subject to certain customary adjustments, and 44,374,155 shares of common stock of the Company (closed 2022-12-01).

“Pursuant to the terms of the previously announced Share Purchase Agreement, dated as of September 21, 2021 (as amended by Amendment No. 1 to the Share Purchase Agreement, dated as of May 10, 2022, the “Purchase Agreement”) among the Company, Mitsubishi UFJ Financial Group, Inc. (“Seller Holdco”) and MUFG Americas Holdings Corporation, a wholly owned subsidiary of Seller Holdco (“Seller” and together with Seller Holdco, “Sellers”), the Company purchased from the Seller (the “Acquisition”) all the issued and outstanding shares of common stock of MUFG Union Bank, N.A., a national banking association (“Union Bank”), for a purchase price consisting of $5.5 billion in cash, subject to certain customary adjustments, and 44,374,155 shares of common stock of the Company (the “Stock Consideration”).”

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

“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.”

Loretta E. Reynolds was elected as director at US BANCORP DE.

“On October 18, 2022, the Board of Directors of U.S. Bancorp (the “Company”) elected Loretta E. Reynolds as a director of the Company, effective immediately.”

Karen S. Lynch departed as Director at US BANCORP DE.

“On January 25, 2022, Karen S. Lynch, a director of U.S. Bancorp (the “Company”), notified the Company that she does not intend to stand for re-election to the Company’s Board of Directors following expiration of her current term at the Company’s 2022 Annual Meeting of Shareholders.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.