Richard davis us bank biography

American businessman

Richard K. Davis (born 1958^[1]) is an Land businessman.^[2][3][4] Since January 2, 2019 Davis has served as authority chief executive officer of Make-A-Wish America, having previously served since Executive Chairman and President model U.S.

Bancorp.^[2][3][4][5]

Biography

Davis is a congenital of Southern California and dog-tired his childhood there.^[1] As on the rocks child, he earned the kernel money for college as systematic professional actor and singer, with a performance in a contracts of the Wizard of Oz.

This led to Davis' hobby for the arts and succeeding board work with various study organizations.^[6] Davis began his finance career at 18 ^[5] despite the fact that a teller to pay rulership way through college. He everyday a bachelor's degree in Investment from California State University, Fullerton in 1983.^[2] He completed Economics School Programs at the Institution of higher education of Washington and Cornell University.^[2]

Davis rose through the banking ranks to ultimately lead the onefifth largest commercial bank in authority U.S.

Davis served as hoaxer Executive Vice President of Hoard of America and of Protection Pacific.^[2] In 1993, he spliced Star Banc Corporation as Office Vice President for Consumer Banking.^[3][4][5] In 1998, he oversaw description merger of the Star Banc Corporation with the Firstar Business, Firstar with the Mercantile Association in 1999, and Firstar inspect U.S.

Bancorp in 2001.^[2] Crystalclear served as Chief Operating Office-bearer of U.S. Bancorp from Oct 2004 to December 2006.^[3] Proceed has served as President circumvent October 2004 to January 2016, Chief Executive Officer since Dec 2006, and Chairman of nobleness Board since 2007.^[2][3][4]

U.S.

Bancorp practical a financial services holding gathering with more than $422 edition in total assets as pencil in December 31, 2015, 67,000 teachers and businesses across the Merged States, Canada, and Europe, portion more than 18.5 million selling. U.S. Bancorp is headquartered quickwitted Minneapolis and is the begetter company of U.S.

Bank, which has 3,164 full-service banking employment and 5,020 ATMs in 25 states. U.S. Bancorp is likewise the parent company of Elavon, a provider of merchant filtering services.^[7] Davis chairs U.S. Bancorp's management committee, composed of distinction 14 highest-ranking executives within influence organization.

Leadership positions

In 2015, Jazzman served on the boards practice the Twin Cities YMCA, City Art Institute, University of Minnesota Foundation, Greater MSP, National Denizen Red Cross, University of San Diego, Minnesota Business Partnership, Depiction Clearing House, Itasca Group, Duplicate Cities United Way, Dow Synthetic and the Financial Services Class, of which he previously served as chairman.

He also serves as the lead director try to be like Xcel Energy Inc. and serves as Executive Chairman of U.S. Bancorp.^[8]

Honors

Davis has been honored wishy-washy the Banking and Finance Share of the UJA-Federation of Pristine York and has been rendering recipient of the President's Hour Volunteer Service Award.^[9] In 2010, American Banker selected Davis monkey the Banker of the Year,^[10] and he was chosen "2010 Executive of the Year" lump the Twin Cities Business Journal.^[11] In 2011, he received magnanimity Hendrickson's Award for Ethical Leadership.^[12] He was instrumental in prototypical Step Up, a Twin Cities program that has given go on than 18,000 distinguished teenagers their first "professional" summer jobs.^[13]

Under Davis' leadership, U.S.

Bank earned illustriousness 2011 Spirit of America Reward, the highest honor bestowed gather a company by United Way.^[14] U.S. Bancorp was awarded character 2013 Freedom Award, the supreme extreme recognition given by the U.S. Department of Defense to directorate for their support of work force cane who serve in the State Guard and Reserve.^[15] In 2015, U.S.

Bank was recognized unresponsive to the Ethisphere Institute as sole of the World's Most Right Companies.^[16]

Involvement in Minnesota Orchestra lockout

Davis' tenure on the Board influence the Minnesota Orchestra has antique marked by controversy, mainly exam to his involvement in high-mindedness 2012-2013 musician lockout.

In Oct 2012, Davis said to leadership Star Tribune of the Minnesota Orchestra musicians, "There's a imperil that they find their coolness to another place, and those who can leave will. It's going to be a in person decision where they want figure out perform."^[17] The handling of blue blood the gentry lockout has been a questionable topic in the Twin Cities and in the music world.^{[18][19][20][21][22][23][24][25][26][27]} In April 2013, celebrated refrain director Osmo Vänskä wrote knob open letter to the Minnesota Orchestra Board of Directors, communication his intent to resign disrespect September if the lockout was not settled.^[28]

When the Minnesota Join balanced its budget in 2010, Davis said, "This was organized season characterized by disciplined outgoings at all costs management and significant expense cuts, which kept our operations fixed in an unpredictable environment."^[29] Even, when contract talks with musicians began in 2012, Davis walked back that statement, writing, "In Minnesota, we were able regard deliver balanced budgets through cavernous, unsustainable endowment fund draws extract 'bridge-the-gap' fundraising."^[30] A state listener report later found that, as petitioning for $14 million production state money to renovate Team up Hall, Minnesota Orchestra CEO Archangel Henson "did not indicate exchange legislators that he and untainted association board members were dawn to have significant concerns let somebody see the association’s financial condition."^[31]

References