Warner L. Baxter, Marc N. Casper and Karen S. Lynch Join U.S. Bancorp Board of Directors
October 26 2015 - 4:15PM
Business Wire
U.S. Bancorp (NYSE: USB) announced today that its Board of
Directors has elected Warner L. Baxter, Marc N. Casper and Karen S.
Lynch as directors of the company. Mr. Baxter and Ms. Lynch
will join the board on December 7, 2015, and Mr. Casper will
join the Board on March 1, 2016.
Baxter, 54, is the Chairman, President and Chief Executive
Officer of Ameren Corporation, a regulated electric and gas utility
company serving customers in Missouri and Illinois. He has served
Ameren Corporation in various leadership capacities since 1995.
Casper, 47, has served as the President and Chief Executive Officer
of Thermo Fisher Scientific Inc., a leader in life sciences and
healthcare technologies, since 2009. Lynch, 52, is the current
President of Aetna Inc., a diversified health care benefits
company, and has served in various leadership capacities in health
care management and insurance companies during her career.
“Warner, Marc and Karen’s extensive leadership experience makes
them valuable additions to our Board of Directors,” said Richard K.
Davis, chairman, president and chief executive officer of U.S.
Bancorp. “They each bring a unique set of strengths and expertise,
from risk management, to successful operations within regulated
industries, to financial reporting and accounting matters. We are
delighted that Warner, Marc and Karen are becoming members of our
Board and are looking forward to benefitting from their
contributions and diverse perspectives.”
Minneapolis-based U.S. Bancorp (“USB”), with $416 billion in
assets as of September 30, 2015, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,151 banking offices in 25
states and 5,001 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the
web at www.usbank.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151026006276/en/
U.S. BancorpMedia:Dana E. Ripley,
612-303-3167orInvestors/Analysts:Sean O’Connor, 612-303-0778
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