US Bancorp stock names interim risk chief after resignation

U.S. Bancorp is reorganizing its senior risk leadership after Jodi L. Richard left her roles as vice chair and chief risk officer effective October 23, 2026. Banking Dive reported that Troy Remington, the bank's chief credit officer and an executive vice president, will serve as interim chief risk officer while U.S. Bancorp searches for a permanent successor.

The departure is tied to a move outside U.S. Bancorp rather than a stated disagreement with the bank. Richard is set to become chief risk officer of American Express and its national bank on January 25, 2027, according to the report, which cited an American Express memo and the related Securities and Exchange Commission filing.

Risk leadership enters transition

Remington brings continuity from his role as chief credit officer, but the bank still faces a permanent succession process. For investors, the change keeps risk oversight in focus while U.S. Bancorp manages its broader banking, payments and asset-management activities.

US Bancorp stock traded at 53.42 euros on Lang & Schwarz at 17:13 Berlin time on Friday, October 30, 2026. That was 1.66 percent below the 54.32 euros cited in the previous report published on October 29, 2026, at 17:44 Berlin time. The comparison reflects the move since that report and is separate from a daily Xetra comparison.

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