U.S. Bank Names New Global Chief Communications Officer
July 10 2019 - 1:30PM
Business Wire
U.S. Bank announced today
that David Palombi will be joining the company this month as
global chief communications officer, reporting to Vice Chairman and
Chief Administrative Officer Kate Quinn. In his new role, Palombi will lead the
company’s public affairs and communications efforts, overseeing
internal and external communications, reputation management, and
government relations.
“David brings a wealth of
communications expertise and experience to his new role and is
ideally suited to advance our public affairs and communications
strategies and enhance our reputation with key audiences,” Quinn
said. “His leadership and strategic vision in complicated climates
and industries will bring tremendous value to the
organization.”
Palombi is a respected leader
in the communications space with extensive experience leading
communications functions in financial services, healthcare and
consulting. Most recently, he was the senior vice president and
chief communications officer at CVS Health, one of the largest and
most innovative health care organizations in the country. In this
role, he was responsible for corporate reputation, public
relations, executive and employee communications, crisis
positioning, public affairs and corporate social media, including
leading communications for the company's landmark decision to
remove tobacco from all 8,000 CVS stores. Prior to that, he led
corporate communications for the health insurance company WellPoint
(now Anthem) during the debates over the Affordable Care Act, and
for the secondary mortgage giant Freddie Mac during its multi-year
$5 billion accounting restatement. Prior to that he led
communications for two commercial banks: Barnett Banks, Inc. and
The Riggs Bank of Washington, D.C. He also was Washington, D.C.
bureau chief for a chain of newspapers based on the east
coast.
Palombi holds a bachelor’s
degree in English and journalism from the University of Delaware,
and he is affiliated with The Arthur W. Page Society, Rhode Island
Public Radio, The National Press Club and The Seminar. He will be
relocating from Rhode Island to Minneapolis this summer.
About U.S. Bank U.S.
Bancorp, with 74,000 employees and $476 billion in assets as of
March 31, 2019, is the parent company of U.S. Bank National
Association, the fifth-largest commercial bank in the United
States. The Minneapolis-based bank blends its relationship teams,
branches 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, which named the bank a 2019 World’s Most
Ethical Company. Visit U.S. Bank at www.usbank.com or follow on
social media to stay up to date with company news.
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Rebekah Fawcett, U.S. Bank Public Affairs and Communications
rebekah.fawcett@usbank.com | 612.303.9986
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