Monitor the appointment of a permanent Chief Risk Officer and any potential changes to risk management strategy or credit policy under the interim CRO.
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Executive Summary
U.S. Bancorp's Vice Chair and Chief Risk Officer Jodi L. Richard resigned effective October 23, 2026, to take a position at another publicly traded company. The resignation was not due to any disagreement with the company. Executive Vice President and Chief Credit Officer Troy W. Remington will serve as interim Chief Risk Officer while a permanent successor is sought.
Key Facts
- Jodi L. Richard resigned as Vice Chair and Chief Risk Officer effective October 23, 2026
- Resignation was to take a position at another publicly traded company
- Resignation was not due to any disagreement with the company on operations, policies or practices
- Troy W. Remington, Executive Vice President and Chief Credit Officer, appointed interim Chief Risk Officer
- Company will undertake a process to select and appoint a successor Chief Risk Officer
Financial Impact
No financial impact stated in the filing
Risk Factors
- Loss of a senior risk officer could signal internal challenges, though the filing states no disagreement
- Interim arrangement may create temporary uncertainty in risk oversight
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-437071 |
| Document: 0001193125-26-437071-index-headers.html | 0001193125-26-437071 |
| Document: 0001193125-26-437071-index.html | 0001193125-26-437071 |
| Document: 0001193125-26-437071.txt | 0001193125-26-437071 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | 8-K | $61.05 | awaiting T+1 | awaiting T+1 | $59.45 (−2.62%) |
Oct 29, 2026 3d ago | 8-K | $60.64 $59.45 | ▼ −1.96% | ▼ −0.19% | $59.45 (−1.96%) |
Oct 15, 2026 17d ago | 8-K | $57.39 $58.73 | ▼ −2.33% | ▼ −3.44% | $59.45 (−3.59%) |
Aug 12, 2026 11w ago | 13F-HR | $65.02 $65.17 | ▲ +0.23% | ▼ −0.47% | $59.45 (−8.57%) |
Jul 24, 2026 14w ago | Insider Cluster | $63.49 $64.43 | ▲ +1.48% | ▲ +1.24% | $59.45 (−6.36%) |
Jul 20, 2026 14w ago | ANALYST-UPGRADE | $63.14 $63.71 | ▲ +0.90% | ▲ +0.07% | $59.45 (−5.84%) |
Jul 16, 2026 15w ago | 8-K | $64.01 $63.14 | ▼ −1.36% | ▼ −0.37% | $59.45 (−7.12%) |
Jul 6, 2026 16w ago | ANALYST-UPGRADE | $62.83 $62.89 | ▲ +0.10% | ▲ +0.57% | $59.45 (−5.38%) |
Apr 16, 2026 28w ago | 8-K | $17.92 $18.00 | ▲ +0.45% | ▼ −0.77% | $59.45 (+231.75%) |
Apr 8, 2026 29w ago | 8-K | $17.85 $17.79 | ▼ −0.34% | ▼ −0.27% | $59.45 (+233.05%) |
US Market Status
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