U.S. Bancorp in Minneapolis announced that its vice chair had died in a plane crash in Brooklyn Park, Minn.
The company disclosed in a regulatory filing that a plane registered to Terry Dolan, who was also its chief administration officer, crashed on Saturday. CEO Andy Cecere later confirmed in a memo to employees that Dolan died in the crash.
“Our thoughts are with Mr. Dolan’s family and friends and all others affected by Saturday’s tragic incident,” the filing said. “We thank all the first responders who have provided service.”
Dolan has oversight of corporate strategy, marketing, analytics, corporate social responsibility, digital capabilities and growth, public affairs and communications and transformation.
Several high-profile bankers have died in plane crashes in recent years, including Integrated Financial Holdings CEO Eric John Bergvin and Jonathan Rosen, the specialty finance division CEO at Synovus Financial.
Brent Beardall, CEO of WaFd, survived a plane crash that killed the pilot, who was a bank customer.