Leslie Godridge to Retire From U.S. Bank; Jim Kelligrew Assumes Vice Chair Role for Corporate & Commercial Banking

February 3, 2020

Source: Business Wire

U.S. Bank said today that Leslie Godridge, the company’s vice chair and co-head of Corporate & Commercial Banking, has announced her retirement after 13 years of service to the bank and nearly 40 years in the industry. Jim Kelligrew, who has co-led the Corporate & Commercial Banking division with Godridge for the past four years, will become the new vice chair overseeing the entire organization.

“Our Corporate & Commercial Banking team has grown significantly under Leslie and Jim’s leadership, becoming a scale player and enabling us to compete with the largest banks in the nation. I am proud of where we are and the work the team has done to position us for ongoing success,” said Andy Cecere, chairman, president and CEO of the bank. “As we move into the future, we will continue to grow our presence in this space, and I look forward to working with Jim in his expanded role.”

Kelligrew has 33 years of banking experience and joined U.S. Bank in 2009, focusing on fixed income and capital markets. He has co-led the Corporate & Commercial Banking with Godridge for the past four years. His distinguished industry experience also included leadership roles at Wells Fargo Securities and Bank of America Securities. He holds a bachelor’s degree in economics and sociology from the University of Michigan.

Godridge is a respected leader in banking and has been honored as one of the most powerful women in the industry. Originally hired in 2007 to open the company’s New York City office and build its corporate banking function, Godridge has helped the company became one of the largest investment-grade lenders in the United States. She intends to remain on the U.S. Bank team to assist with the transition for the next several months.

About U.S. Bank

U.S. Bancorp, with 74,000 employees and $495 billion in assets as of December 31, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank at usbank.com or follow on social media to stay up to date with company news.

Contacts

Investors:
Jennifer Thompson
U.S. Bancorp Investor Relations
612.303.0778
jen.thompson@usbank.com

Media:

Rebekah Fawcett
U.S. Bancorp Public Affairs and Communications
612.303.9986
rebekah.fawcett@usbank.com