MILWAUKEE--(BUSINESS WIRE)--Aug. 16, 2005--William R. (Bill)
Bertha has been named as the new market president of U.S. Bank
(NYSE:USB) in Milwaukee. He will be based at U.S. Bank's regional
headquarters office at 777 East Wisconsin Avenue in Milwaukee and will
oversee U.S. Bank's commercial lending activities in Milwaukee and
Madison. Additionally, as the organization's senior officer in the
market, Bertha will coordinate activities for all lines of business
including consumer banking, corporate banking, corporate real estate,
private banking and trust in Milwaukee.
A native of Milwaukee, Bertha has 21 years of experience in the
financial service industry. He most recently was president of
Strategic Advisors, LLC, an investment banking boutique he founded in
Chicago four years ago that provides advice to both public and private
companies on acquisitions, funding alternatives, growth strategies and
private equity investment.
Joseph M. Otting, vice chairman of commercial and real estate
industries group of U.S. Bancorp, the parent company of U.S. Bank,
said, "Attracting an individual of Bill's caliber to join our
outstanding team in Milwaukee was critical especially as it relates to
continuing to grow our middle market business. Bill is a hometown guy
and brings an impressive amount of knowledge and experience in the
financial services arena to our organization. He understands the
financial needs of local businesses and retail customers in the market
and is committed to taking our Five Star Customer Service Guarantee to
the next level."
Bertha noted, "These are exciting times for U.S. Bank in
Milwaukee. This organization has a long history in the community and
we want to be the preeminent bank in the region when it comes to
serving the needs of retail, commercial and corporate banking
customers. The company recently raised more than a half million
dollars for local charities through our sponsorship of the U.S. Bank
Championship in Milwaukee and will see our $2.5 million commitment to
the Milwaukee County Zoo in the form of the U.S. Bank Gathering Place
take shape soon. Our products, services and people showcase the
overall strength of our organization in Milwaukee--a community we have
called home for more than 152 years."
During his career he has worked for Deutsche Bank as managing
director and a global head in its investment banking division. In
addition, he worked as a managing director of Dean Witter Reynolds'
investment banking group and ran their national financial institutions
group. While there, he also headed the firm's industrial and
manufacturing industry group, overseeing the company's national
investment banking platform that serviced clients in manufacturing,
automotive, chemicals, transportation, electrical industries.
Bertha earned his undergraduate degree in business at the
University of Wisconsin-Madison, and then went onto Marquette
University Law School, where he received a Jurist Doctorate Degree.
Additionally, he received a master of business administration degree,
with an emphasis in finance and international business from the
University of Wisconsin-Madison. He resides in Whitefish Bay with his
wife Susan and their three children.
Thomas V. Richtman, who has served as interim market president,
will continue in his position as manager of the commercial banking
group in Milwaukee.
U.S. Bancorp (NYSE:USB), with $204 billion in assets, is the 6th
largest financial holding company in the United States. The company
operates 2,383 banking offices and 4,877 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 in which the company pays customers if
certain key banking benefits and services are not met. U.S. Bancorp is
the parent company of U.S. Bank. Visit U.S. Bancorp on the web at
CONTACT: U.S. Bank
Steve Dale, 612-303-0784
Lisa Clark, 608-877-7517
SOURCE: U.S. Bank