Richard Davis

Former Executive Chairman and Chief Executive Officer, U.S. Bancorp

Davis serves on the Materials Advisory Committee of the Board of Directors of DowDuPont Inc.

Davis was elected to the Dow Board of Directors in May 2015.

Davis is the former Executive Chairman and Chief Executive Officer of Minneapolis-based U.S. Bancorp, parent company of U.S. Bank, the fifth largest commercial bank in the United States. He served as Executive Chairman of U.S. Bancorp from December 2007 to April 2018, and as Chief Executive Officer from December 2006 to April 2017. He also served as President from October 2004 until January 2016 and was the Chief Operating Officer from October 2004 until December 2006.

Davis was an Executive Vice President at Bank of America and Security Pacific Bank prior to joining Star Banc Corporation, which was one of U.S. Bancorp’s legacy companies.

Davis brings extensive leadership skills and financial services industry experience and knowledge to the Board. During his career, he has served as Chairman of the Financial Services Roundtable, Chairman of the Consumer Bankers Association, Chairman of The Clearing House, and representative for the Ninth District of the Federal Reserve, where he was President of its Financial Advisory Committee. Additionally, his service as a member and prior lead director of the Xcel Energy board of directors broadens his experience of overseeing management in an industry subject to extensive regulation.

Davis also currently serves on the board of directors of the National American Red Cross, Mayo Clinic and the Twin Cities YMCA; the board of trustees of the University of Minnesota Foundation; and is a trustee emeritus member of the University of San Diego. He was also one of three executive co-chairs of the 2018 Minnesota Super Bowl Host Committee.

Revised: 06/06/2018