US Bancorp stock names interim chief risk officer after exit

Published on 10/30/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

US Bancorp stock follows a leadership change after Jodi Richard left as chief risk officer. Troy Remington will serve on an interim basis.

Risk leadership changes at U.S. Bancorp

Jodi L. Richard resigned as vice chair and chief risk officer to join another publicly traded company.
Troy W. Remington will serve as interim chief risk officer while U.S. Bancorp searches for a successor.
The filing said Richard's departure was not related to disagreements over the bank's operations, policies or practices.

US Bancorp, US9029733048, Illustration mit AI erstellt.

U.S. Bancorp said Jodi L. Richard resigned as vice chair and chief risk officer effective immediately on October 23, according to a securities filing cited by Banking Dive. Richard is leaving to take a position at another publicly traded company, although the filing did not identify the new employer.

Troy W. Remington, U.S. Bancorp's executive vice president and chief credit officer, will serve as interim chief risk officer while the bank searches for a permanent successor. Richard had been with U.S. Bancorp since 2014 and became chief risk officer in 2018.

Interim appointment limits disruption

The filing said Richard's resignation was not due to any disagreement with U.S. Bancorp over its operations, policies or practices. That wording frames the change as a leadership transition rather than an announced dispute over risk management or strategy.

Remington brings more than two decades at U.S. Bancorp to the interim role and has served as chief credit officer since 2021, according to Banking Dive. His appointment gives the bank an internal executive with direct responsibility for credit oversight while the succession process continues.

US Bancorp stock traded at 54.52 euros on Lang & Schwarz at 12:15:30 p.m. CET on Friday, October 30. The quote is a current euro-market indication and is not presented with a separate Xetra comparison.

Investors can follow the real-time quote of US Bancorp stock as the bank works through the search for a permanent risk chief. The next material update is likely to be the appointment of a successor or further detail in a regulatory filing.

The S&P 500 provides the broader US equity backdrop for financial stocks; investors can follow current S&P 500 market developments.

For additional company coverage, see more news and analyses on US Bancorp stock.