Loretta E. Reynolds Joins U.S. Bancorp Board of Directors
October 18 2022 - 4:30PM
Business Wire
U.S. Bancorp announced today that its board of directors elected
Loretta E. Reynolds as a director of the company, effective
immediately. She will serve on U.S. Bancorp’s Capital Planning and
Risk Management Committees, as well as the Cybersecurity Oversight
Subcommittee of the Risk Management Committee.
Reynolds, 57, retired as a 3-star lieutenant general after a
distinguished 35-year career in the United States Marine Corps. She
is the third woman to be promoted to lieutenant general (3-star) in
the history of the United States Marine Corps. Prior to her
retirement, she led and managed the Marine Corps’ global
information portfolio spanning intelligence, information
technology, networking, cyber, space and information in her role as
deputy commandant for information. She previously served as acting
commander of the Marine Corps Forces Space Command, and as
commander of the Marine Corps Forces Cyberspace Command. She also
served from 2015 to 2021 on the United States Marine Corps
Corporate Board with responsibility for strategic oversight of a
$50 billion budget and global strategy, capabilities and
missions.
“Lori is an expert in cybersecurity, information management and
risk mitigation – expertise that will benefit U.S. Bank as we
continue our digital transformation,” said Andy Cecere, U.S.
Bancorp chairman, president and CEO. “As we strive to make banking
easy, convenient, connected and digital, cybersecurity is more
important than ever. I am certain that Lori, who has a long and
distinguished 35-year career of service in the United States Marine
Corps, will be a great asset to our board of directors and our
company.”
Reynolds currently serves as founder and chief executive officer
of LEReynolds Group, LLC, a consulting firm focused on providing
information technology and strategic business intelligence services
and advising complex global organizations on managing large-scale
risk.
About U.S. Bank
U.S. Bancorp, with approximately 70,000 employees and $601
billion in assets as of September 30, 2022, is the parent company
of U.S. Bank National Association. The Minneapolis-based company
serves millions of customers locally, nationally and globally
through a diversified mix of businesses: Consumer and Business
Banking; Payment Services; Corporate & Commercial Banking; and
Wealth Management and Investment Services. The company has been
recognized for its approach to digital innovation, social
responsibility, and customer service, including being named one of
the 2022 World’s Most Ethical Companies and Fortune’s most admired
superregional bank. Learn more at usbank.com/about.
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version on businesswire.com: https://www.businesswire.com/news/home/20221018006098/en/
Investor contact: George Andersen, U.S. Bancorp Investor
Relations george.andersen@usbank.com, 612.303.3620
Media contact: Jeff Shelman, U.S. Bancorp Public Affairs and
Communications Jeffrey.shelman@usbank.com, 612.303.9933,
@usbank_news
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