U.S. Bank has hired Michael Righi to lead its middle market commercial banking teams in the Pacific Northwest and to serve as the company’s president for Northern California. Righi will be based in San Francisco.
“This is a great company with tremendous momentum given its reputation and strength in the industry,” said Righi. “This is a historic time for banking, and I’m excited to have this opportunity to join U.S. Bank’s leadership team as businesses rebound and look to strong financial partners to help them grow.”Righi comes to U.S. Bank from Bank of America, where he led the global commercial bank middle market banking teams throughout the Greater Bay Area and was also a dual employee of their investment bank. He holds a FINRA security licenses for the series 7, 24 and 63 designations, and will focus on delivering capital market solutions to middle market clients throughout the region. A native of Seattle, Righi’s 25 years of experience includes leadership roles with KeyCorp, several years with U.S. Bank’s legacy company People’s Bank in Seattle, as well as early years as a national bank examiner. Righi is a graduate of Seattle University and the Pacific Coast Banking School at the University of Washington. In the community, Righi is a board trustee for the Contemporary Jewish Museum in San Francisco, serves as an advisory board trustee for Pacific Northwest Ballet in Seattle. About U.S. BancorpU.S. Bancorp (NYSE: USB), with $353 billion in assets as of June 30, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. Celebrating its 150th anniversary this year, the company operates 3,087 banking offices in 25 states and 5,032 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.