Business People: U.S. Bancorp President & CEO Gunjan Kedia to add chair to her titles

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FINANCIAL SERVICES

Gunjan Kedia

U.S. Bancorp, Minneapolis, announced that CEO and President Gunjan Kedia will also become the company’s chairman after its annual meeting in April. Andy Cecere, the current executive chairman, will retire from the board at that time. Kedia joined U.S. Bancorp in 2016 and was named CEO in April 2025. U.S. Bancorp is parent company of U.S. Bank, Minnesota’s largest by deposit market share. … Mahoney, a St. Paul-based accounting firm, announced the promotion of Jeff DeGree to director; the firm also announced the following promotions: to senior associate: Adrian Purnama, Lea Newman and Will Leach; to associate manager: Anjelica Smith and Abigail Hansen; to manager: Jason Morrison and Tyler Sauve, and to associate director: Brett Portner-Kuhlow and Jennifer Wiik.

ADVERTISING/PUBLIC RELATIONS

Imagine Studio, the Minneapolis-based creative unit of ad agency Imagine Group, announced that retailer Fleet Farm has chosen the company as its visual merchandising and design agency of record.

FINANCIAL SERVICES

U.S. Bancorp, Minneapolis, announced that CEO and President Gunjan Kedia will also become the company’s chairman after its annual meeting in April. Andy Cecere, the current executive chairman, will retire from the board at that time. Kedia joined U.S. Bancorp in 2016 and was named CEO in April 2025. U.S. Bancorp is parent company of U.S. Bank, Minnesota’s largest by deposit market share. … Mahoney, a St. Paul-based accounting firm, announced the promotion of Jeff DeGree to director; the firm also announced the following promotions: to senior associate: Adrian Purnama, Lea Newman and Will Leach; to associate manager: Anjelica Smith and Abigail Hansen; to manager: Jason Morrison and Tyler Sauve, and to associate director: Brett Portner-Kuhlow and Jennifer Wiik.

HONORS

Ameriprise Financial, Minneapolis, announced that Jason Holt, a private wealth adviser with Ameriprise Financial Services in Wayzata, has been named a recipient of the 2026 Five Star Wealth Manager award by Five Star Professional, administered by Crescendo Business Services. … The St. Croix Economic Development Corp., St. Croix County, Wis., announced the following winners of its 2025 Business of the Year awards: Emerging Business of the Year: Rodent Barriers; Small Business of the Year: Homestead Veterinary Clinic; Large Business of the Year: Krumm Exteriors; Nonprofit of the Year: Operation HELP; County Impact Award of the Year: Limitless Cycling; President’s Award: Tom Borowski, Health Partners and St. Croix EDC board member. … DaVinci Roofscapes, a national manufacturer of composite roof tiles, announced it has named Stillwater-based Classic Construction & Consulting as one of seven recipients of the DaVinci Masterpiece Contractor Projects of the Year. This honor recognizes specific standout residential and commercial projects.

LAW

Maslon, Minneapolis, announced that litigation partner Leah Kippola-Friske has been elected vice chair of the Children’s Law Center of Minnesota board of directors. She has been a board member since 2024. The Children’s Law Center, St. Paul, provides juvenile legal representation and advocacy.

MANUFACTURING

Winnebago Industries, an Eden Prairie-based maker of large recreational vehicles, motorhomes and watercraft, announced that John M. Murabito, an independent director since 2017, has been appointed as chair of the board. He succeeds David W. Miles, who has served as chair since 2019. Murabito retied in 2022 as chief administrative officer and chief human resources officer at Cigna Corp. Arctic Cat. a Thief River Falls-based snowmobile maker, announced the return of Roger Skime to the company as brand ambassador. Skime is an engineer, designer, test rider and racing aficionado. He began his Arctic Cat career in 1962 and eventually became vice president of engineering; he retired at the end of 2018.

MEDICAL TECHNOLOGY

Humanetics Corp., an Edina-based pharmaceutical company concentrating on countertherapies for oncology, pulmonary and COVID-19 treatments, announced the appointment of Timothy E. Morris as chief operating officer. Morris has 36 years of professional finance and accounting experience, including 22 years as chief financial officer with public biotechnology companies.

NONPROFITS

Animal Humane Society, Golden Valley, announced the following new board members, Beth Thiebault, Deloitte Consulting; Nic Pifer, Columbia Threadneedle Investments (retired), and Nikki Leighton. … Spark-Y, a Minneapolis-based STEM activity-based educational program, announced it has named Chris Lenhart to its board of directors. Lenhart is an executive vice president and deputy general counsel at U.S. Bank, and is the business manager for a local touring hip-hop artist.

TECHNOLOGY

Recast, a St. Louis Park-based business software provider, announced Jake Mosey has joined the company as chief product officer. Mosey most recently serving as vice president of small and medium-sized business markets at Jamf.

UTILITIES

Xcel Energy, Minneapolis, announced that Maria Demaree has been elected to its board of directors, effective Dec. 17. Demaree has been with Lockheed Martin for more than three decades, most recently serving as senior vice president, Enterprise Business and Digital Transformation, and chief information officer.

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