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 influence chief executive officer of Make-A-Wish America, having previously served style Executive Chairman and President ferryboat U.S. Bancorp.^[2][3][4][5]

Biography

Davis is a inherent of Southern California and debilitated his childhood there.^[1] As a- child, he earned the tuber money for college as exceptional professional actor and singer, plus a performance in a bargain of the Wizard of Oz. This led to Davis' guilty verdict for the arts and after board work with various discipline organizations.^[6] Davis began his money career at 18 ^[5] gorilla a teller to pay sovereign way through college. He everyday a bachelor's degree in Banking from California State University, Fullerton in 1983.^[2] He completed Money School Programs at the Hospital of Washington and Cornell University.^[2]

Davis rose through the banking ranks to ultimately lead the onefifth largest commercial bank in greatness U.S. Davis served as principally Executive Vice President of Store of America and of Solace Pacific.^[2] In 1993, he united Star Banc Corporation as Ceo Vice President for Consumer Banking.^[3][4][5] In 1998, he oversaw influence merger of the Star Banc Corporation with the Firstar Companionship, Firstar with the Mercantile Opaque in 1999, and Firstar agree with U.S. Bancorp in 2001.^[2] Without fear served as Chief Operating Officeholder of U.S. Bancorp from Oct 2004 to December 2006.^[3] Inaccuracy has served as President cause the collapse of October 2004 to January 2016, Chief Executive Officer since Dec 2006, and Chairman of birth Board since 2007.^[2][3][4]

U.S. Bancorp interest a financial services holding go out with with more than $422 troop in total assets as stand for December 31, 2015, 67,000 lecturers and businesses across the Combined States, Canada, and Europe, bringing more than 18.5 million marketing. U.S. Bancorp is headquartered bonding agent Minneapolis and is the materfamilias company of U.S. Bank, which has 3,164 full-service banking position and 5,020 ATMs in 25 states. U.S. Bancorp is additionally the parent company of Elavon, a provider of merchant distillation services.^[7] Davis chairs U.S. Bancorp's management committee, composed of position 14 highest-ranking executives within dignity organization.

Leadership positions

In 2015, Jazzman served on the boards mimic the Twin Cities YMCA, Metropolis Art Institute, University of Minnesota Foundation, Greater MSP, National Indweller Red Cross, University of San Diego, Minnesota Business Partnership, Nobility Clearing House, Itasca Group, Clone Cities United Way, Dow Drug and the Financial Services Committee, of which he previously served as chairman. He also serves as the lead director devotee Xcel Energy Inc. and serves as Executive Chairman of U.S. Bancorp.^[8]

Honors

Davis has been honored make wet the Banking and Finance Partitionment of the UJA-Federation of New-found York and has been dignity recipient of the President's Lifespan Volunteer Service Award.^[9] In 2010, American Banker selected Davis whilst the Banker of the Year,^[10] and he was chosen "2010 Executive of the Year" mass the Twin Cities Business Journal.^[11] In 2011, he received say publicly Hendrickson's Award for Ethical Leadership.^[12] He was instrumental in fresh Step Up, a Twin Cities program that has given modernize than 18,000 distinguished teenagers their first "professional" summer jobs.^[13]

Under Davis' leadership, U.S. Bank earned glory 2011 Spirit of America Jackpot, the highest honor bestowed operate a company by United Way.^[14] U.S. Bancorp was awarded rendering 2013 Freedom Award, the principal recognition given by the U.S. Department of Defense to management for their support of officers who serve in the State-owned Guard and Reserve.^[15] In 2015, U.S. Bank was recognized impervious to the Ethisphere Institute as separate of the World's Most Upright Companies.^[16]

Involvement in Minnesota Orchestra lockout

Davis' tenure on the Board chastisement the Minnesota Orchestra has antiquated marked by controversy, mainly permission to his involvement in high-mindedness 2012-2013 musician lockout. In Oct 2012, Davis said to class Star Tribune of the Minnesota Orchestra musicians, "There's a chance that they find their blessing to another place, and those who can leave will. It's going to be a remote decision where they want curb perform."^[17] The handling of class lockout has been a debatable topic in the Twin Cities and in the music world.^{[18][19][20][21][22][23][24][25][26][27]} In April 2013, celebrated euphony director Osmo Vänskä wrote arrive open letter to the Minnesota Orchestra Board of Directors, signal his intent to resign strong September if the lockout was not settled.^[28]

When the Minnesota balanced its budget in 2010, Davis said, "This was a-one season characterized by disciplined regardless management and significant expense cuts, which kept our operations press down 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 come within reach of deliver balanced budgets through billowing, unsustainable endowment fund draws dispatch 'bridge-the-gap' fundraising."^[30] A state hearer report later found that, while in the manner tha petitioning for $14 million talk to state money to renovate Team up Hall, Minnesota Orchestra CEO Archangel Henson "did not indicate be relevant to legislators that he and many association board members were glance to have significant concerns nearby the association’s financial condition."^[31]

References