Richard K. Davis
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Richard K. Davis | |
|---|---|
| Personal details | |
| Born | 1958 (age 66–67) Born in America |
| Education | California State University, Fullerton (BA) |
| Occupation | Retired as Chief Executive Officer, Make-A-Wish America (January 2, 2019 - November 2022) |
Richard K. Davis (born 1958[1]) is an American businessman.[2][3][4] Since January 2, 2019 Davis has served as the chief executive officer of Make-A-Wish America, having previously served as Executive Chairman and President of U.S. Bancorp.[2][3][4][5]
Davis is a native of Southern California and spent his childhood there.[1] As a child, he earned the seed money for college as a professional actor and singer, including a performance in a production of the Wizard of Oz. This led to Davis' passion for the arts and later board work with various arts organizations.[6] Davis began his banking career at 18 [5] as a teller to pay his way through college. He received a bachelor's degree in Economics from California State University, Fullerton in 1983.[2] He completed Banking School Programs at the University of Washington and Cornell University.[2]
Davis rose through the banking ranks to ultimately lead the fifth largest commercial bank in the U.S. Davis served as an Executive Vice President of Bank of America and of Security Pacific.[2] In 1993, he joined Star Banc Corporation as Executive Vice President for Consumer Banking.[3][4][5] In 1998, he oversaw the merger of the Star Banc Corporation with the Firstar Corporation, Firstar with the Mercantile Corporation in 1999, and Firstar with U.S. Bancorp in 2001.[2] He served as Chief Operating Officer of U.S. Bancorp from October 2004 to December 2006.[3] He served as President from October 2004 to January 2016, Chief Executive Officer from December 2006 until April 2017, and Chairman of the Board from December 2007 to April 2018.[7][2][3][4]
U.S. Bancorp is a financial services holding company with more than $422 billion in total assets as of December 31, 2015, 67,000 employees and businesses across the United States, Canada, and Europe, serving more than 18.5 million customers. U.S. Bancorp is headquartered in Minneapolis and is the parent company of U.S. Bank, which has 3,164 full-service banking offices and 5,020 ATMs in 25 states. U.S. Bancorp is also the parent company of Elavon, a provider of merchant processing services.[8] Davis chairs U.S. Bancorp's management committee, composed of the 14 highest-ranking executives within the organization.
Leadership positions
In 2015, Davis served on the boards of the Twin Cities YMCA, Minneapolis Art Institute, University of Minnesota Foundation, Greater MSP, National American Red Cross, University of San Diego, Minnesota Business Partnership, The Clearing House, Itasca Group, Twin Cities United Way, Dow Chemical and the Financial Services Roundtable, of which he previously served as chairman. He also serves as the lead director of Xcel Energy Inc. and serves as Executive Chairman of U.S. Bancorp.[9]
