U.S. Bank Promotes Dominic Venturo to Executive Vice President and Chief Innovation Officer for U.S. Bank
March 23 2015 - 10:49AM
Business Wire
U.S. Bank, lead bank of U.S. Bancorp (NYSE:USB), has promoted
Dominic Venturo to the role of executive vice president and chief
innovation officer for U.S. Bank. In this expanded role, Venturo
will lead the efforts to identify emerging technology or new
business models that have the potential to enhance customer
experiences across the company.
Dominic Venturo, executive vice president
and chief innovation officer, U.S. Bank. (Photo: Business Wire)
“Innovation is part of our culture and it is how we view the
development of new products and services,” said Andy Cecere, chief
operating officer for U.S. Bancorp. “By anticipating what our
customers will want or need in the future, we can better prepare
our customers and company for whatever is ahead, capturing
opportunities and avoiding pitfalls along the way.”
Venturo has been with U.S. Bank for 16 years, and for the past
eight years he has led the innovation team for U.S. Bank’s payments
division. The innovation team develops new products, sets the
strategy for emerging innovations in financial services. This team
creates the environment within the bank through which these
innovations are tested, modified and brought to market for customer
use. Recent examples of innovation from U.S. Bank include advances
in mobile payments, voice biometrics, tokenization and integrated
mobile and web commerce solutions.
A 26-year veteran of financial services, Venturo’s experience
spans product development and management, commercial risk
management, commercial lending and sales management. He is
frequently featured as a keynote speaker at industry conferences
and has been recognized by numerous media organizations for his
work in the industry. His team has delivered industry-leading
innovations since 2008 that have earned numerous accolades for U.S.
Bank.
Based in Minneapolis, he is currently serving on the board of
directors of the Minnesota Community and Technical College
Foundation, where he also serves on the board recruitment
committee. Venturo earned a bachelor’s degree in finance from
Oregon State University and is a graduate of the Pacific Coast
Banking School at the University of Washington Graduate School of
Banking.
About U.S. BancorpU.S. Bancorp (NYSE: USB), with $403
billion in assets as of December 31, 2014, is the parent company of
U.S. Bank National Association, the fifth-largest commercial bank
in the United States. The company operates 3,176 banking offices in
25 states and 5,022 ATMs and provides a comprehensive line of
banking, brokerage, insurance, investment, mortgage, trust and
payment services products to consumers, businesses and
institutions. Visit U.S. Bancorp on the web at www.usbank.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150323005887/en/
U.S. Bank Corporate CommunicationsTeri Charest,
612-303-0732teri.charest@usbank.com
US Bancorp (NYSE:USB)
Historical Stock Chart
From Mar 2024 to Apr 2024
US Bancorp (NYSE:USB)
Historical Stock Chart
From Apr 2023 to Apr 2024