Businesswire·2026-01-29 20:00Core Insights - U.S. Bancorp announced the retirement of Souheil Badran, the senior executive vice president and chief operations officer, scheduled for this spring [1] - Badran has significantly contributed to enhancing client experience and operational efficiency during his tenure, which began in late 2022 [2] - The company has a robust succession planning program to ensure a smooth leadership transition as Badran prepares to retire [3] Company Overview - U.S. Bancorp employs approximately 70,000 individuals and has assets totaling $692 billion as of December 31, 2025 [4] - The company operates a diversified mix of businesses, including consumer banking, business banking, commercial banking, institutional banking, payments, and wealth management [4] - U.S. Bancorp has received recognition for its digital innovation, community partnerships, and customer service, being named one of Fortune's most admired superregional banks [4]