MINNEAPOLIS--(BUSINESS WIRE)--Oct. 10, 2014--
U.S. Bancorp (NYSE: USB) announced today that its Board of Directors has
elected Kimberly J. Harris as a director of the company effective as of
October 20, 2014. Harris, 50, is the president and chief executive
officer of Puget Energy, Inc., an energy services holding company, and
its subsidiary Puget Sound Energy, Inc., a utility company providing
electric and natural gas service based in Bellevue, Washington. She has
served Puget Sound Energy in various capacities since 1999.
“Kimberly is a proven leader, and her experience running a prominent
company that provides critical public infrastructure makes her an
outstanding addition to our Board,” said Richard K. Davis, chairman,
president and chief executive officer of U.S. Bancorp. “Her extensive
risk management and compliance experience will also be a tremendous
asset to us, and we welcome her to U.S. Bancorp.”
U.S. Bancorp (NYSE: USB), with $389 billion in assets as of June 30,
2014, is the parent company of U.S. Bank National Association, the 5th
largest commercial bank in the United States. The Company operates 3,174
banking offices in 25 states and 5,005 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 at www.usbank.com.
Source: U.S. Bancorp
Sean O’Connor, Investor Relations, 612-303-0778
Ripley, Corporate Communications, 612-303-3167