-

Leslie Godridge to Retire From U.S. Bank; Jim Kelligrew Assumes Vice Chair Role for Corporate & Commercial Banking

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank said today that Leslie Godridge, the company’s vice chair and co-head of Corporate & Commercial Banking, has announced her retirement after 13 years of service to the bank and nearly 40 years in the industry. Jim Kelligrew, who has co-led the Corporate & Commercial Banking division with Godridge for the past four years, will become the new vice chair overseeing the entire organization.

“Our Corporate & Commercial Banking team has grown significantly under Leslie and Jim’s leadership, becoming a scale player and enabling us to compete with the largest banks in the nation. I am proud of where we are and the work the team has done to position us for ongoing success,” said Andy Cecere, chairman, president and CEO of the bank. “As we move into the future, we will continue to grow our presence in this space, and I look forward to working with Jim in his expanded role.”

Kelligrew has 33 years of banking experience and joined U.S. Bank in 2009, focusing on fixed income and capital markets. He has co-led the Corporate & Commercial Banking with Godridge for the past four years. His distinguished industry experience also included leadership roles at Wells Fargo Securities and Bank of America Securities. He holds a bachelor’s degree in economics and sociology from the University of Michigan.

Godridge is a respected leader in banking and has been honored as one of the most powerful women in the industry. Originally hired in 2007 to open the company’s New York City office and build its corporate banking function, Godridge has helped the company became one of the largest investment-grade lenders in the United States. She intends to remain on the U.S. Bank team to assist with the transition for the next several months.

About U.S. Bank
U.S. Bancorp, with 74,000 employees and $495 billion in assets as of December 31, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank at usbank.com or follow on social media to stay up to date with company news.

Contacts

Investors: Jennifer Thompson, U.S. Bancorp Investor Relations
612.303.0778, jen.thompson@usbank.com

Media: Rebekah Fawcett, U.S. Bancorp Public Affairs and Communications
612.303.9986, rebekah.fawcett@usbank.com

U.S. Bank

NYSE:USB

Release Versions

Contacts

Investors: Jennifer Thompson, U.S. Bancorp Investor Relations
612.303.0778, jen.thompson@usbank.com

Media: Rebekah Fawcett, U.S. Bancorp Public Affairs and Communications
612.303.9986, rebekah.fawcett@usbank.com

More News From U.S. Bank

U.S. Bank Launches New Loan Product for Startup Dental and Veterinary Practices

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank is expanding its healthcare business banking offerings with a new startup loan product for dentists and veterinarians, giving clinicians a new option to build independent practices and serve patients in their communities. The bank has previously offered loans for the acquisition of existing practices or for startup practices launched by existing owners. The new product extends that support to dentists and veterinarians launching first-time practices, broa...

U.S. Bank CFO Survey: Geopolitics and Inflation Rise on the Risk Agenda, but CFOs Keep Moving on Growth, Deals

MINNEAPOLIS--(BUSINESS WIRE)--Cutting costs remains finance leaders’ top priority, but growth has moved sharply higher on the agenda, according to the latest U.S. Bank CFO Insights Report. The results of this research are based on a survey conducted between March 19 and April 14 of 1,000 senior finance leaders. The respondents work at U.S. businesses with at least $100 million in annual revenue, and 30% work for a business that generates at least $2 billion. The survey finds that 39% ranked cos...

U.S. Bank Freight Payment Index: Shipper Spending Surges Amid Modest Freight Volumes

MINNEAPOLIS--(BUSINESS WIRE)--Shipper spending rose sharply in the first quarter of 2026 as tightening capacity and a surge in diesel fuel prices pushed freight costs significantly higher, even as shipment volumes remained largely flat, according to the latest U.S. Bank Freight Payment Index. National shipment volume edged down 0.3% from the fourth quarter of 2025, while shipper spending jumped 12.9% over the same period. This was the largest quarter-over-quarter increase since late 2020. Compa...
Back to Newsroom