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Stock impact report

U.S. Bancorp Announces Leadership Changes in Its Operations Function

U.S. Bancorp (USB) 
Last u.s. bancorp earnings: 4/15 06:45 am Check Earnings Report
Company Research Source: Business Wire
Toby Clements to become chief operations officer in April MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Toby Clements will become its new senior executive vice president and chief operations officer. In this role, Clements will oversee the company’s client service centers and global operations teams, leading more than 16,000 employees. He will report directly to U.S. Bancorp Chief Executive Officer Gunjan Kedia effective April 13.Clements will join the company’s managing committee and succeed Souheil Badran, who announced his retirement from the company earlier this year.“Toby is a strong, engaging leader who has a clear desire to serve our clients and run our business effectively,” said Kedia. “His deep understanding of our company, customers and partners will ensure our ability to deliver integrated experiences that are simple, innovative and collaborative.”Clements came to U.S. Bank in 2017, serving as an executive offi Show less Read more
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