Jodi L. Richard notified U.S. Bancorp on October 23, 2026 of her resignation as vice chair and chief risk officer, effective immediately, to take a position at another publicly traded company, the bank said in a Form 8-K filed on Thursday. The filing states that her resignation was not due to any disagreement with the company on any matter relating to its operations, policies or practices. Troy W. Remington, executive vice president and chief credit officer, will serve as interim chief risk officer while the company undertakes a process to select and appoint a successor.
US Bancorp chief risk officer resigns, interim named
U.S. Bancorp said its vice chair and chief risk officer, Jodi L. Richard, resigned effective immediately on October 23 to take a position at another publicly traded company, and that chief credit officer Troy W. Remington will serve as interim chief risk officer.
Why it matters: The change puts an interim officer in charge of risk at one of the largest United States banks while it searches for a successor, and the filing states the resignation was not due to any disagreement over the company's operations, policies or practices.
Data as of U.S. Bancorp Form 8-K (accession 0001193125-26-437071), filed October 29, 2026 and read from the local EDGAR copy in this run. All facts are from the filing itself. Developing item.
Sources
- U.S. Bancorp Form 8-K, Item 5.02 (accession 0001193125-26-437071) - U.S. Bancorp, via SEC EDGAR - 2026-10-29