PORTLAND, Ore., Apr 12, 2004 (BUSINESS WIRE) -- U.S. Bancorp Equipment Finance,
Inc., the unit of U.S. Bancorp that finances and leases business equipment
acquisitions, has selected Don Kenworthy for its capital equipment group as a
regional vice president.
Kenworthy has been with U.S. Bancorp since 1988, most recently serving as a
regional vice president of the company's machine tool finance group.
In his new role, he will manage a sales staff of 15 area managers whose
territories cover the Western states of Washington, Oregon, California, Idaho,
Utah and Arizona. The capital equipment group operates as a general equipment
lessor in the middle and upper middle markets in most industry sectors
"Don has had 16 very successful years of growing assets for U.S. Bancorp
Equipment Finance, Inc., first, during his 12 years as a sales representative in
the Seattle market with our capital equipment group, and then while a regional
manager for four years with our machine tool finance group," said Greg Mamula,
executive vice president of the U.S. Bancorp Equipment Finance Capital Equipment
Group. "We're very pleased to have Don back in the Capital Equipment Group as a
member of our management team."
Kenworthy earned a bachelor's degree from Southern Oregon University in Ashland,
Ore. He and his wife, Debi, live in West Linn, Ore.
U.S. Bancorp (NYSE:USB), with assets of $189 billion, is the 7th largest
financial services holding company in the United States. The company operates
2,282 banking offices and 4,472 ATMs in 24 states and provides a comprehensive
line of banking, brokerage, insurance, investment, mortgage, trust and payment
services products to consumers, businesses and institutions. U.S. Bancorp is
home of the Five Star Service Guarantee which assures customers of certain key
banking benefits and services or customers will be paid for their inconvenience.
U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web
SOURCE: U.S. Bancorp
CONTACT: U.S. Bancorp Media Relations
Teri Charest, 612-303-0732
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SOURCE: U.S. Bancorp