U.S. Bancorp

10/29/2026 | Press release | Distributed by Public on 10/29/2026 06:25

Management Change/Compensation (Form 8-K)

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 23, 2026, Jodi L. Richard notified U.S. Bancorp (the "Company") of her resignation from her position as Vice Chair and Chief Risk Officer, effective immediately, to take a position at another publicly traded company. Ms. Richard's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Troy W. Remington, Executive Vice President and Chief Credit Officer, will serve as the Company's interim Chief Risk Officer while the Company undertakes a process to select and appoint a successor Chief Risk Officer.

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