Tim Petty promoted to succeed him as market president in Kansas
MINNEAPOLIS & KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 10, 2016--
Veteran banker and community leader Mark Jorgenson has been named head
of U.S. Bank Community Banking. He will lead the bank’s 1,140 branch
offices and 10,000 employees located in non-metropolitan communities
throughout U.S. Bank’s 25-state footprint.
Jorgenson built his career at U.S. Bank, most recently serving as a
regional president leading commercial business banking in Kansas City
and St. Louis. Jorgenson has been a banker in Kansas City for as long as
he has been with U.S. Bank and its predecessor companies, where he
started in June 1981.
“Community banking is central to our U.S. Bank philosophy of being where
our customers live and work, whether in metropolitan cities or local
communities,” said John Elmore, vice chairman, U.S. Bank Community
Banking and Branch Delivery. “Mark’s experience and passion combined
make him a perfect match to lead this significant piece of U.S. Bank’s
business. He has an excellent reputation as an effective leader within
U.S. Bank and throughout the community.”
Succeeding him as market president in Kansas City will be Tim Petty, a
25-year commercial banking veteran, who has been with U.S. Bank since
2000. Prior to this promotion, Petty was senior vice president for
commercial banking in Kansas City, reporting to Jorgenson and directly
managing the bank’s commercial banking team in the market.
“Tim is highly respected in our community as he has been very active as
a leader in multiple business and nonprofit activities in Kansas City,”
Jorgenson said. “He is well known to our customers and is someone who
advocates for the bank's clients, keeping their best interests at heart.”
Jorgenson will continue to be based in Kansas City, and will remain
active in the community and local industry affairs. Jorgenson serves on
a number of boards, including: The Civic Council of Greater Kansas City,
Kansas Venture Capital, Inc. (KVCI), Hunt Midwest Enterprises, Midwest
Research Institute, KU Hospital Authority, National World War I Museum,
The Kansas City Chiefs, Heart of America Council Boy Scouts, Urban
Neighborhood Initiative and University of Missouri-Kansas City.
Jorgenson graduated with Phi Beta Kappa honors from Coe College and
received an MBA from Washington University in St. Louis. He and his
wife, Mary, live in Kansas City and have four grown children.
U.S. Bancorp (NYSE:USB), with $422 billion in assets as of December 31,
2015, is the parent company of U.S. Bank National Association, the fifth
largest commercial bank in the United States. The company operates 3,133
banking offices in 25 states and 4,936 ATMs and provides a comprehensive
line of banking, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. Visit U.S. Bancorp
on the web at www.usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160210005289/en/
Source: U.S. Bancorp
U.S. Bank Corporate Communications
Teri Charest, 612-303-0732