Andrew J. Cecere (Andy Cecere) led U.S. Bancorp — the parent company of U.S. Bank, the nation’s fifth-largest commercial bank — as Chairman, President, and CEO from April 2017 through April 2025. Under his leadership, U.S. Bancorp grew total assets from roughly $462 billion to over $680 billion, completed the transformative $8 billion acquisition of MUFG Union Bank, and navigated the company through the COVID-19 pandemic. Cecere’s tenure culminated in the appointment of Gunjan Kedia as his successor, making her the first woman to lead a top-five U.S. bank. A 40-year veteran of the financial services industry, Cecere now serves as Executive Chairman until his board retirement in April 2026.

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U.S. Bancorp Competitors

As one of the largest banking holding companies in the United States, U.S. Bancorp competes with other major national and super-regional banks:

• JPMorgan Chase & Co. – the largest U.S. bank by assets ($4.6T+)
• Bank of America – second-largest U.S. bank
• Wells Fargo – major national bank and direct competitor
• Citigroup – global banking and financial services
• PNC Financial Services – large super-regional bank
• Truist Financial – formed from BB&T/SunTrust merger
• Capital One Financial – diversified banking and credit cards
• M&T Bank – super-regional competitor in the Midwest and East

Andrew Cecere – Quick Facts

Andrew Cecere Net Worth 2026 – US Bank CEO Salary

As of 2026, Andrew Cecere’s net worth is estimated at approximately $64 million USD or more, primarily based on his disclosed holdings of over 1.37 million shares of U.S. Bancorp (USB) stock, accumulated pension benefits of $34.4 million, and decades of executive compensation. Cecere’s net worth has grown substantially during his 40-year career at U.S. Bancorp.

U.S. Bancorp CEO Compensation Breakdown (FY2024)

U.S. Bancorp Net Worth 2026 – Is US Bank Profitable?

Yes, U.S. Bancorp is a highly profitable company. In fiscal year 2024, the company reported net income of $5.91 billion, a 17% increase from the prior year. U.S. Bancorp ranks as the fifth-largest bank in the United States with total assets exceeding $680 billion.

U.S. Bancorp Financial Summary (FY2024)

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US Bank CEO Email Address | Andrew Cecere Contact

Below are the official contact details for former U.S. Bancorp CEO Andrew Cecere:

Career & Education – Company, University, & College

Andrew Cecere spent over four decades in the financial services industry, with the vast majority of his career at U.S. Bancorp and its predecessor organizations. Below is his complete career timeline:

Andrew Cecere Career Timeline

Andrew Cecere began his career as a financial analyst at Control Data Corporation after graduating from the University of St. Thomas in 1982. He joined U.S. Bancorp’s finance group in 1985 and steadily rose through the ranks. After the 2001 merger of Firstar Corporation and U.S. Bancorp, he took on the Vice Chairman role overseeing Wealth Management and Investment Services.

In 2007, Cecere was named Vice Chairman and Chief Financial Officer, a position he held for eight years and during which he was twice recognized as one of “The Nation’s Best CFOs” by Institutional Investor Magazine. He transitioned to Chief Operating Officer in 2015, then to President and COO in 2016, before succeeding Richard K. Davis as CEO in April 2017.

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Education

Andrew Cecere Wiki – Age, Family, & More

Andrew Cecere (age 65) was born on July 24, 1960. He grew up in a first-generation Italian-American family in the Chicago area. He is the oldest of three brothers and was the first in his family to graduate from high school. His father, Giuseppe (Joe) Cecere, finished his formal education at third grade in a small town near Naples, Italy, and emigrated alone to America through Ellis Island at age 12. His mother, Maria, also immigrated from Italy to Chicago, where she met Joe while he was working as a baker’s apprentice. The family later ran an Italian restaurant called Vincenzo’s, where young Andy waited tables during his school years.

Andrew Cecere is married to Kathy M. Cecere (Kathleen), and together they have one child. Cecere is based in the Minneapolis, Minnesota area.

Notable Achievements & Recognitions

• “Nation’s Best CFOs” – Named by Institutional Investor Magazine in 2010 and 2014
• “Twin Cities’ 25 Hardest Working CFOs” – Named by the Minneapolis-St. Paul Business Journal (2009, 2010)
• MUFG Union Bank Acquisition – Led the transformative $8 billion acquisition, expanding U.S. Bancorp’s presence to the East Coast
• Dougherty Family College Champion – Ardent supporter of the University of St. Thomas program for first-generation college students since 2017
• Greater Twin Cities United Way – Board director, championing affordable housing and economic empowerment
• Boy Scouts of America – Active with the Northern Star Council
• University of Minnesota Carlson School – Member of the Board of Overseers
• University of St. Thomas – Board of Trustees member

Cecere is recognized for his commitment to diversity, inclusion, and community service, leading U.S. Bancorp’s corporate responsibility initiatives around affordable housing, economic empowerment, and environmental sustainability throughout his tenure.

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About U.S. Bancorp

U.S. Bancorp is an American bank holding company headquartered in Minneapolis, Minnesota. It is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States by assets. Founded in 1863, U.S. Bancorp operates across multiple business segments:

U.S. Bancorp trades on the New York Stock Exchange under the ticker symbol USB. The company operates approximately 2,165 branches across the United States, with its retail network concentrated in the Midwest and West and a growing East Coast presence. U.S. Bancorp has approximately 70,000 employees operating in 13 countries worldwide.

Frequently Asked Questions (FAQ)

Who is the current CEO of U.S. Bancorp?

The current CEO of U.S. Bancorp is Gunjan Kedia, who was appointed President and Chief Executive Officer in April 2025. She succeeded Andrew Cecere, who served as CEO from 2017 to 2025. Kedia will also assume the role of Chairman of the Board in April 2026, when Cecere retires from the board.

What is Andrew Cecere’s net worth in 2026?

As of 2026, Andrew Cecere’s net worth is estimated at approximately $64 million or more, based on his disclosed ownership of over 1.37 million shares of U.S. Bancorp stock, accumulated pension benefits of $34.4 million, and decades of executive compensation from his 40-year career in financial services.

What was Andrew Cecere’s salary as US Bank CEO?

In fiscal year 2024, Andrew Cecere’s total compensation was $19.3 million, including a $1.4 million base salary, $4.9 million annual bonus, $11 million in stock awards, and approximately $2 million in pension and other compensation. This represented a 14% increase from the prior year.

What is the US Bank CEO email address?

The email address for former U.S. Bancorp CEO Andrew Cecere is [email protected]. For the current CEO Gunjan Kedia, the email pattern would be [email protected]. The corporate headquarters can be reached at 651-466-3000, and customer support is available via @AskUSBank on Twitter/X.

How long was Andrew Cecere CEO of US Bank?

Andrew Cecere served as CEO of U.S. Bancorp for approximately eight years, from April 18, 2017, to April 2025. He also held the title of President from 2016 and Chairman from 2018. During his tenure, U.S. Bancorp grew total assets by nearly 50% and completed the landmark $8 billion acquisition of MUFG Union Bank in 2022.

Is U.S. Bancorp a profitable company?

Yes, U.S. Bancorp is a very profitable company. In fiscal year 2024, the company reported net income of $5.91 billion, a 17% increase year-over-year, on total revenue of $25.1 billion. The profit margin improved to 24% from 20%, and the company has a market capitalization of approximately $90 billion as of early 2026.

Article last updated:January 2026March 2026