NYSE:USBBanks
U.S. Bancorp Leadership Shift Puts Focus On Execution And Technology Priorities
U.S. Bancorp (NYSE:USB) has appointed current CEO and President Gunjan Kedia as Chairman, succeeding Andy Cecere.
Long time executive Andy Cecere is retiring from his role as Chairman.
Chief Operating Officer Souheil Badran plans to retire this spring, with a succession process already underway.
For investors watching U.S. Bancorp, these leadership changes come as the stock trades at $56.33, with a 1 year return of 22.5% and a 5 year return of 50.7%. The company has also recorded a 3 year...