U.S. Bancorp announces chief administrative officer Kate Quinn to retire

U.S. Bank announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer. Kate Quinn, vice chair and chief administrative officer, and Jim Kelligrew, vice chair of corporate and commercial banking, will be retiring from their positions in the company June 30. Terry Dolan is expected to take on a broader role as vice chair and chief administration officer, succeeding Quinn, in addition to his current responsibilities as chief financial officer. He has served as the company’s CFO since 2016, after leading the company’s wealth management and investment services division. John Stern will be promoted to senior executive vice president and head of finance in May and is expected to become CFO September 1. Gunjan Kedia will assume an expanded leadership role, overseeing a combined wealth management and investment services and corporate and commercial banking organization. Kedia is a company vice chair and has been with U.S. Bank, leading wealth management and investment services, since 2016. Also joining the company’s managing committee as senior executive vice presidents will be Reba Dominski and Stephen Philipson. Dominski is executive vice president and chief corporate social responsibility officer. She will report to Dolan. Philipson is executive vice president and head of commercial product groups. He will report to Kedia and assume broader leadership responsibilities in addition to his current role.