Banking
10 U.S. Bank executives
These ten current and former U.S. Bank executives have held vice chair, president, executive vice president, business-line CFO and CIO, and chief operations officer roles at the bank. A reader can learn how U.S. Bank executives approach payments, wealth and commercial banking, as well as credit, transformation, finance, technology and operations.
Professionals to explore
01—10Bill Kager
LinkedInExperience: Executive Vice President, CFO Global Enterprise Platforms Group · U.S. Bank
Executive Vice President, CFO Global Enterprise Platforms Group at U.S. Bank since 2024. He was previously Senior Vice President, CFO COO Global Technology and Operations at Fiserv (2018–2023), and at JPMorganChase he was Managing Director Global CFO Technology & Operations, Corporate Functions (2008–2014) and Managing Director Global CFO Technology (2005–2008).
Chris McSherry
LinkedInExperience: CFO, Wealth, Corporate, Commercial and Institutional Banking at U.S. Bank · U.S. Bank
CFO, Wealth, Corporate, Commercial and Institutional Banking at U.S. Bank since 2023, and CFO, Corporate and Commercial Banking at U.S. Bank since 2022. The profile also lists Corporate Finance Director, SVP, Corporate and Commercial Banking (2014–2022) and Finance Manager, Commercial Real Estate (2012–2014) at U.S. Bank.
David Thayer
LinkedInExperience: Chief Financial Officer, Elavon · U.S. Bank
Chief Financial Officer, Elavon at U.S. Bank since 2025; his profile says that as senior financial officer for Elavon, U.S. Bank's Merchant Payment Services business, he oversees global financial planning and long-range forecasting. He also held SVP Operations and Site Leader (2016–2021) and SVP Finance (advanced from Director to VP to SVP while in Finance) (2002–2016) at Elavon, and was Chief Financial Officer at Vehlo (2022–2023).
Jeffrey Jones
LinkedInExperience: President, Corporate Payment & Treasury Solutions · U.S. Bank
Former President, Corporate Payment & Treasury Solutions at U.S. Bank (2015–2025); his profile headline describes him as retired from that role. His profile also lists EVP, Global Treasury Management at U.S. Bank with dates from 1983 to 2015, the U.S. Bank role shown just before his appointment as President, Corporate Payment & Treasury Solutions.
Joe Tessmer, CFA
LinkedInExperience: CFO - Payment Services & Executive Vice President · U.S. Bank
CFO - Payment Services & Executive Vice President at U.S. Bank since 2024. He was Assistant Treasurer & Executive Vice President at Truist (2021–2023), and at U.S. Bank he also held Head of Funding & Investments (2016–2021) and Senior Vice President - Funding, Derivatives and Corporate Investments (2013–2016).
Kai Sakstrup
LinkedInExperience: EVP, Chief Product and Admin Officer - Wealth, Corporate, Commercial and Institutional Banking · U.S. Bank
EVP, Chief Product and Admin Officer - Wealth, Corporate, Commercial and Institutional Banking at U.S. Bank since 2023. The profile also lists Executive Vice President, Chief Marketing Officer (2022–2023), Executive Vice President, Chief Strategy Officer (2017–2023) and Senior Vice President Corporate Strategy (2015–2017) at U.S. Bank, and names product management, marketing, strategy and data analytics as areas of focus.
Mark Runkel
LinkedInExperience: Vice Chair and Head of Payments Merchant and Institutional · U.S. Bank
Vice Chair and Head of Payments Merchant and Institutional at U.S. Bank since 2025. At U.S. Bank he was also Senior Executive Vice President and Chief Transformation Officer (2021–2025), Senior Executive Vice President and Chief Credit Officer (2013–2021), EVP, Executive Credit Officer (2013) and SVP, Retail & Payment Services Credit Risk Management (2011–2013).
Qasim Khan
LinkedInExperience: EVP, CIO of Wealth, Coporate, Commerical & Institutional Banking · U.S. Bank
EVP, CIO of Wealth, Corporate, Commercial & Institutional Banking at U.S. Bank since December 2021; his profile notes that the role's scope expanded during his tenure. At U.S. Bank he was also SVP, Head Of Technology (2016–2022) and VP, Information Technology Leader (2011–2016), and he was Sr. Technology Manager, AVP VP at Bank of America (2007–2011).
Stephen Philipson
LinkedInExperience: Vice Chair, Head of Wealth, Corporate, Commercial & Institutional Banking (WCIB) · U.S. Bank
Vice Chair, Head of Wealth, Corporate, Commercial & Institutional Banking (WCIB) at U.S. Bank since 2025, and Head of WCIB since 2024. At U.S. Bank he was also Senior Executive Vice President, Head of Global Markets & Specialized Finance (2023–2024), Executive Vice President, Head of Commercial Products (Fixed Income and Specialized Finance) (2022–2023) and Executive Vice President, Head of Fixed Income & Capital Markets (2017–2022).
Toby Clements
LinkedInExperience: Chief Operations Officer · U.S. Bank
Chief Operations Officer at U.S. Bank since 2026. The profile also lists U.S. Bank roles as Chief Operations Officer, Client Services (2025–2026), Chief Risk Officer, Operations (2023–2025), Transformation Leader, Operations (2021–2023) and Chief Operations Officer, Cards and Merchant Payment Solutions (Elavon) (2018–2021).
Choose the right perspective
Match the executive's business line and function to your question, since payments, wealth and commercial banking leaders and corporate finance or operations leaders see different parts of the bank's decisions. Check each role's dates so you know whether the person's U.S. Bank experience is current or from an earlier period.
Questions to take into the conversation
- 01How does U.S. Bank decide which payments and treasury products to invest in?
- 02What does a business-line CFO at U.S. Bank look at when reviewing a large technology or vendor contract?
- 03How does U.S. Bank run operations and transformation programs across its business lines?
About this directory
This is a professional research starting point based on business profile data retrieved on . Titles and companies reflect that source snapshot and may describe past or present roles. Check the linked profiles for current details. Inclusion does not imply Instant Expert membership or availability.
Request a correction or removal