Jamie Walker to Lead U.S. Bancorp Subsidiary, Elavon Inc. as CEO

U.S. Bank Payment Services CAO makes move to lead the business line’s Merchant Services Division 

Jamie Walker has been named chief executive officer (CEO) of Atlanta-based Elavon, Inc., a leading global payments company and wholly owned subsidiary of U.S. Bancorp (NYSE: USB). Walker is transitioning from his current role as chief administrative officer (CAO) for U.S. Bank’s Payment Services division, a role he has held for two years.

During Walker’s 16-year tenure with U.S. Bank, he has successfully managed the finances of Elavon’s $1.5 billion global business as chief financial officer (CFO) and has managed complex initiatives including acquisitions, strategic partnerships and international expansion. Most recently, he had responsibility for the strategic direction of U.S. Bank’s Payment Services organization, balancing risk and opportunities with the need for sustainable, strategic growth.

“Jamie is well equipped for success in his new role, and whenever possible, promoting from within is the best way we can give back to our best employees and leaders,” said Shailesh Kotwal, U.S. Bank Payment Services Vice Chair. “He is an exceptional leader with an unwavering commitment to our business, our customers, our employees and our communities.”

As CEO, Walker will have responsibility for Elavon’s global acquiring business operating with more than 4,000 employees in the United States, Canada, Mexico and throughout Europe.

“Always looking ahead and pushing myself to achieve more has gotten me where I am today,” said Walker. “The opportunity to lead the organization that has helped me grow professionally for almost two decades is an incredible privilege. Working with U.S. Bank and Elavon’s team of strong leaders and dedicated employees, we will continue Elavon’s tradition as a market leader to help customers benefit from innovations in technology, security and convenience.”

Walker is a graduate of Atlanta’s Emory University, where he majored in business administration. He is active in the Atlanta community, championing Elavon’s relationships with City of Refuge and Junior Achievement.

Minneapolis-based U.S. Bancorp (NYSE: USB), with $446 billion in assets as of December 31, 2016, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,106 banking offices in 25 states and 4,842 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions.