U.S. Bank Announces Retirements of Bill Parker and Jennie Carlson
May 04 2018 - 12:47PM
Business Wire
U.S. Bank, the fifth-largest commercial bank in the United
States, announced today that its chief risk officer, P.W. (Bill)
Parker, 61, and its chief human resources officer, Jennie Carlson,
57, will retire from the company. Searches are underway for their
successors.
“I have had the pleasure of working with Bill for decades, and I
will miss his insight, counsel and humor. He has been a steadying
influence on our Managing Committee for years. He is guided by a
belief in doing what is right, and he has shaped our risk
organization during a time of tremendous change. The infrastructure
he developed will guide us well in the future,” said Andrew Cecere,
chairman, president and CEO of U.S. Bank. “Under Jennie’s
leadership, we have placed more of an emphasis on the importance of
engagement, diversity and inclusion, and talent development. Both
Bill and Jennie have assembled strong teams to lead us into the
future. I am confident that we will find suitable successors who
will carry the mantle they have built as we create value for our
shareholders.”
Parker graduated from Amherst (Mass.) College and received his
master’s of business administration degree from Dartmouth (N.H.)
College. He came to U.S. Bank in 1984, beginning his career as a
commercial lending officer. He grew and expanded his oversight over
the years, serving as senior credit officer in retail and wholesale
banking before being named chief credit officer in 2007. He assumed
his current post in late 2013. Outside of the company, Parker has
been an active community advocate, serving on the board for the
Ordway Center for the Performing Arts and Como Friends in St. Paul,
Minn., Summit Academy in Minneapolis, Minn., and Hazelden Betty
Ford Foundation.
Carlson has been with U.S. Bank and its predecessor banks for 27
years, serving for the last 15 as the head of human resources. She
was previously general counsel at Firstar and Star Banc
Corporation. She remains close to her alma maters, Vanderbilt
University School of Law and Centre College of Kentucky. She also
is active in the community, serving on the board of the Minneapolis
Institute of Art, the YUSA (which is the parent organization of the
YWCA in the United States), Centre College, and Way to Grow. She is
the co-chair of the Step-Up organization and a member of the Itasca
working group in Minnesota.
Parker intends to remain with the organization through the fall,
while Carlson will leave by the end of June.
About U.S. BankU.S. Bancorp, with 74,000 employees and
$460 billion in assets as of March 31, 2018, is the parent company
of U.S. Bank, the fifth-largest bank in the United States. The
Minneapolis-based bank blends its branch and ATM network with
mobile and online tools that allow customers to bank how, when and
where they prefer. U.S. Bank is committed to serving its millions
of retail, business, wealth management, payment, commercial and
corporate, and investment services customers across the country and
around the world as a trusted financial partner, a commitment
recognized by the Ethisphere Institute naming the bank a 2018
World’s Most Ethical Company. Visit U.S. Bank online or
follow on social media to stay up to date with company
news.
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version on businesswire.com: https://www.businesswire.com/news/home/20180504005666/en/
U.S. Bank Public Affairs and CommunicationsRebekah
Fawcett, 612-303-9986Rebekah.Fawcett@usbank.com
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