AI English summary of an SEC filing — figures as filed
U.S. Bancorp USBThe company said its board of directors elected Aleem Gillani as a director on July 16, 2024, effective immediately.
Key points
AI summaryThe company said its board of directors elected Aleem Gillani as a director on July 16, 2024, effective immediately.
The company said Gillani will serve on the Audit and Risk Management Committees. It said his compensation follows the company's standard arrangements for non-employee directors.
U.S. Bancorp said Gillani, 62, served as chief financial officer of SunTrust Banks, Inc. from April 2011 to March 2018 and retired from SunTrust in June 2018. It said he previously served as SunTrust's corporate treasurer from 2010 to 2011 and as chief market risk officer from 2007 to 2010.
The company said Gillani served as chief market risk officer at PNC Financial Services Group, Inc. and FleetBoston Financial, and has been a director of the Federal Home Loan Mortgage Corporation (Freddie Mac) since 2019. It also said he was the founding chair of the Market Risk Council of the Risk Management Association (RMA).
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Aleem Gillani Elected to Board of Directors
The company said its board of directors elected Aleem Gillani as a director on July 16, 2024, effective immediately.
Source · Based on the filing body and exhibits
Joins Audit and Risk Management Committees
The company said Gillani will serve on the Audit and Risk Management Committees. It said his compensation follows the company's standard arrangements for non-employee directors.
Source · Based on the filing body and exhibits
Former SunTrust Chief Financial Officer and Career
U.S. Bancorp said Gillani, 62, served as chief financial officer of SunTrust Banks, Inc. from April 2011 to March 2018 and retired from SunTrust in June 2018. It said he previously served as SunTrust's corporate treasurer from 2010 to 2011 and as chief market risk officer from 2007 to 2010.
Source · Based on the filing body and exhibits
Risk Management Career and Current Board Role
The company said Gillani served as chief market risk officer at PNC Financial Services Group, Inc. and FleetBoston Financial, and has been a director of the Federal Home Loan Mortgage Corporation (Freddie Mac) since 2019. It also said he was the founding chair of the Market Risk Council of the Risk Management Association (RMA).
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…