MINNEAPOLIS--(BUSINESS WIRE)--Feb. 1, 2008--U.S. Bancorp
(NYSE:USB) announced today that Douglas M. Baker, Jr. has been
appointed to its board of directors. Baker, 49, is the chairman,
president and chief executive officer of Ecolab Inc., a provider of
cleaning, sanitizing, food safety and infection control products and
services for the foodservice, food and beverage processing, healthcare
and hospitality markets based in St. Paul, Minnesota.
Baker joined Ecolab in 1989 and held various leadership positions
within the company before being named president and chief operating
officer in August 2002. He was promoted to chief executive officer in
July 2004 and became chairman of the board in May 2006.
"We are delighted that Doug will be bringing his extensive
experience and insight to our board," said Richard K. Davis, chairman,
president and chief executive officer of U.S. Bancorp. "He is a
talented and recognized leader, and will provide valuable
contributions and guidance in the years ahead."
U.S. Bancorp, with $238 billion in assets, is the parent company
of U.S. Bank, the 6th largest commercial bank in the United States.
The company operates 2,518 banking offices and 4,867 ATMs, and
provides a comprehensive line of banking, brokerage, insurance,
investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the web
CONTACT: U.S. Bancorp
Steve Dale (Media), 612-303-0784
Judith T. Murphy (Analysts), 612-303-0783
SOURCE: U.S. Bancorp