MINNEAPOLIS–(BUSINESS WIRE)–Aug 15, 2018–U.S. Bank announced today that industry veteran Jodi Richard will become its new vice chairman and chief risk officer, succeeding P.W. (Bill) Parker, who previously announced his intention to retire this fall.
In her new role, Richard will oversee the company’s Risk Management and Compliance efforts as it continues its legacy of developing and maintaining strong risk management capabilities. The handoff between leaders will begin in the next few weeks to ensure a smooth transition, with an effective date of Oct. 1. Richard will join the company’s Managing Committee and will report to Chairman, President and CEO Andy Cecere in her new role.
