Richard K. Davis is chairman, president and chief executive officer of U.S. Bancorp, a financial holding company with more than $281 billion in total assets and business across the United States, Canada and Europe. It is the parent company of U.S. Bank, which has 3,015 full-service banking offices and 5,148 ATMs in 25 states. U.S. Bancorp is also the parent company of Elavon, a leader in the payment processing industry.U.S. Bancorp is headquartered in Minneapolis.

Davis became CEO of U.S. Bancorp in 2006, and has been a senior executive with the organization since 1993, most recently as president and chief operating officer. His strategic vision has and continues to influence the company’s consumer banking, wholesale banking, private client, trust, asset management, risk management and payments businesses. He chairs U.S. Bancorp’s managing committee, the 13 highestranking executives within the organization.

Davis has 33 years of experience in the banking industry and was one of the key leaders in the successful mergers of Firstar Corporation with U.S. Bancorp of Minneapolis in 2001, Firstar Corporation with Mercantile Bancorporation Inc. of St. Louis in 1999, and Star Banc Corporation of Cincinnati with Firstar in November 1998. Before the Star/Firstar merger, Davis was an executive vice president at Star Banc Corporation from November 1993.