SEATTLE--(BUSINESS WIRE)--Jul. 21, 2015--
U.S. Bank has named Mike Katz market president and head of commercial
banking for the Puget Sound region, effective August 1. Katz succeeds
Chris Heman, who is relocating out of the market later this summer.
A seasoned commercial banker, Katz has been with U.S. Bank for 13 years
having most recently led its team of commercial banking relationship
managers serving a diverse mix of companies in Denver. Over his career,
he’s been recognized nationally among the bank’s top performers in the
division. He is experienced in capital markets and mergers and
acquisitions, including experience at CH2M Hill and Wells Fargo.
“Puget Sound is an important market for U.S. Bank,” said Michael Righi,
senior vice president and regional commercial banking leader for U.S.
Bank. “Mike is a community advocate whose wealth of commercial banking
experience allows us to continue to demonstrate energetic and thoughtful
leadership for our clients and community partners. We are pleased to
promote and welcome him to Seattle, and we thank Chris for his
leadership in building on our legacy and position in the market.”
U.S. Bank employs more than 1,300 people and has 91 branches in the
market, including locations at Sea-Tac Airport and the Starbucks Center.
Active in the community, last year the bank committed more than $150
million to the area in the form of community development loans and
investments, corporate contributions, and grants, and its employees
spent nearly 7,000 hours volunteering with local nonprofit organizations.
“I look forward to getting involved in the Puget Sound market through
community and civic organizations. This region benefits from a diverse
economy and continues to build on its national reputation as a hub for
innovation,” Katz said.
Katz was a leader in the Denver community, serving as a board member for
Denver Metro Chamber of Commerce, Economic Development Council and
Junior Achievement, among others over the years. He earned bachelor’s
degrees in finance and accounting from Miami University of Ohio and a
master’s in finance from University of Colorado Denver, and is CFA
Heman has been with U.S. Bank in Seattle since 2001, most recently as
market president and previously as retail banking head for the region.
He and Katz have been working closely together and will continue to do
so until Heman relocates to Denver to care for aging parents.
About U.S. Bank
U.S. Bancorp (NYSE:USB), with $410 billion in assets as of March 31,
2015, is the parent company of U.S. Bank National Association, the 5th
largest commercial bank in the United States. The Company operates 3,172
banking offices in 25 states and 5,016 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 usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150721006163/en/
Source: U.S. Bank
Pat Swanson, U.S. Bank Corporate Communications
(816) 871-2394, email@example.com