01.28.25

U.S. Bancorp Names Gunjan Kedia CEO, Succeeding Andy Cecere

by: Gina Heeb

U.S. Bancorp CEO Andy Cecere will leave the role this spring, to be succeeded by bank President Gunjan Kedia, who will assume the role in mid-April, becoming the lender's first woman CEO. The bank will still be focused on organic growth, Kedia said in an interview, adding that deals would “at some point be a very important part of our strategy.” Kedia said she would look to accelerate growth at the bank, particularly the payments business. She will also seek to boost productivity to streamline the bank, partly through artificial intelligence and other tech.

Read the full article on The Wall Street Journal