U.S. Bancorp Terrance Robert Dolan, currently vice chair and chief financial officer, and John Stern, senior executive vice president and head of Finance, will assume new titles effective September 1. Dolan will serve as vice chair and chief administration officer overseeing the company?s combined Chief Administration Office. Stern will become senior executive vice president and chief financial officer. The company had indicated earlier this year that these promotions were expected this fall, and both leaders have been effectively prepared for their new roles.
Dolan will continue to report to Cecere, with Stern reporting to Dolan. Effective September 1, 2023, John C. Stern also was appointed Senior Executive Vice President and Chief Financial Officer of the Company, reporting to Mr. Dolan. Mr. Dolan will cease to be the Company?s Chief Financial Officer on September 1, 2023.
Source: marketscreener.com
