US Bancorp stock enters risk leadership transition

Published on 11/04/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

US Bancorp stock faces a risk-management transition after Jodi L. Richard resigned. Troy Remington will serve as interim chief risk officer.

Risk leadership transition at U.S. Bancorp

Jodi L. Richard resigned from her vice chair and chief risk officer roles effective October 23, 2026.
Troy W. Remington will serve as interim chief risk officer while U.S. Bancorp searches for a permanent successor.
The company said Richard's resignation was not linked to disagreement over its operations, policies or practices.

US Bancorp, US9029733048, Illustration mit AI erstellt.

U.S. Bancorp is searching for a permanent chief risk officer after Jodi L. Richard resigned from her roles as vice chair and chief risk officer effective October 23, 2026. The bank disclosed the change in a Form 8-K filed with the U.S. Securities and Exchange Commission on October 29.

Richard told U.S. Bancorp that she was leaving to take a position at another publicly traded company. The filing said her resignation was not due to disagreement with the company's operations, policies or practices.

Internal successor takes interim role

Troy W. Remington, U.S. Bancorp's executive vice president and chief credit officer, will take over as interim chief risk officer while the company conducts a search for a successor. The filing does not provide a timetable for a permanent appointment.

The transition places an existing senior credit executive in charge of the bank's risk function while the search continues. For investors, the next permanent appointment will indicate whether U.S. Bancorp keeps the role aligned closely with its current credit leadership or brings in an external risk specialist.

The SEC filing identifies the change under the exchange-law section covering departures and appointments of certain officers. It also confirms that U.S. Bancorp common stock trades on the New York Stock Exchange under the symbol USB.

US Bancorp stock traded at 54.40 euros on Lang & Schwarz at 14:31 CET on Wednesday, November 4, 2026. The real-time quote of US Bancorp stock provides the latest trading view.