Shailesh M.  Kotwal net worth and biography

Shailesh Kotwal Biography and Net Worth

Vice Chair, Payment Services of U.S. Bancorp
Vice Chair, Payment Services

Shailesh Kotwal is the vice chair, Payment Services of U.S. Bancorp, a well-respected financial services holding company with businesses across the United States, Canada and Europe. U.S. Bancorp is headquartered in Minneapolis and is the parent company of U.S. Bank, which is the fifth-largest commercial bank in the United States. U.S. Bancorp is also the parent company of Elavon, a leader in the payment processing industry.

Kotwal joined the company in March 2015 to lead U.S. Bank Payment Services, which provides digital and card-based payment and money movement capabilities to consumers, businesses and institutions of all sizes in North America and Europe.

Kotwal has more than 30 years of experience in international financial services. He has managed a number of businesses throughout in his career including consumer banking, payments and cards, wealth management, insurance, mortgages, deposits and lending in 30 different countries across North and South America, Asia Pacific and Europe.

Prior to his appointment at U.S. Bank, Kotwal served as Executive Vice President, Retail Banking Products and Services with TD Bank Group and also served as President, International for EFD│eFunds Corporation, a leader in electronic payment processing. For 18 years his impressive career at American Express included various senior management positions at American Express in New York, Europe and Asia Pacific, including divisional CFO and Executive Director & Region Head.

Kotwal is a Chartered Accountant and holds a bachelor’s degree in Accounting and Finance. He serves on the board of Early Warning Systems (Zelle) and the New York City chapter of the American Red Cross.

What is Shailesh M. Kotwal's net worth?

The estimated net worth of Shailesh M. Kotwal is at least $5.72 million as of December 11th, 2023. Mr. Kotwal owns 112,722 shares of U.S. Bancorp stock worth more than $5,719,514 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Kotwal may own. Additionally, Mr. Kotwal receives a salary of $2,010,000.00 as Vice Chair, Payment Services at U.S. Bancorp. Learn More about Shailesh M. Kotwal's net worth.

How old is Shailesh M. Kotwal?

Mr. Kotwal is currently 59 years old. There are 7 older executives and no younger executives at U.S. Bancorp. The oldest executive at U.S. Bancorp is Mr. Dilip Venkatachari, Senior EVP and Chief Information & Technology Officer, who is 64 years old. Learn More on Shailesh M. Kotwal's age.

What is Shailesh M. Kotwal's salary?

As the Vice Chair, Payment Services of U.S. Bancorp, Mr. Kotwal earns $2,010,000.00 per year. There are 4 executives that earn more than Mr. Kotwal. The highest earning executive at U.S. Bancorp is Mr. Andrew J. Cecere, Chairman & CEO, who commands a salary of $5,210,000.00 per year. Learn More on Shailesh M. Kotwal's salary.

How do I contact Shailesh M. Kotwal?

The corporate mailing address for Mr. Kotwal and other U.S. Bancorp executives is 800 NICOLLET MALL, MINNEAPOLIS MN, 55402. U.S. Bancorp can also be reached via phone at (651) 466-3000 and via email at [email protected]. Learn More on Shailesh M. Kotwal's contact information.

Has Shailesh M. Kotwal been buying or selling shares of U.S. Bancorp?

Shailesh M. Kotwal has not been actively trading shares of U.S. Bancorp within the last three months. Most recently, Shailesh M. Kotwal sold 2,046 shares of the business's stock in a transaction on Monday, December 11th. The shares were sold at an average price of $40.34, for a transaction totalling $82,535.64. Following the completion of the sale, the insider now directly owns 112,722 shares of the company's stock, valued at $4,547,205.48. Learn More on Shailesh M. Kotwal's trading history.

Who are U.S. Bancorp's active insiders?

U.S. Bancorp's insider roster includes Andrew Cecere (Chairman & CEO), James Chosy (EVP), Alan Colberg (Director), Terrance Dolan (CFO), Aleem Gillani (Director), Gunjan Kedia (Insider), James Kelligrew (Insider), Shailesh Kotwal (Vice Chair, Payment Services), Richard McKenney (Director), Katherine Quinn (Insider), Mark Runkel (EVP), Lisa Stark (EVP), Jeffry von Gillern (Insider), Timothy Welsh (Insider), and Scott Wine (Director). Learn More on U.S. Bancorp's active insiders.

Are insiders buying or selling shares of U.S. Bancorp?

In the last year, U.S. Bancorp insiders bought shares 1 times. They purchased a total of 10,000 shares worth more than $449,900.00. In the last year, insiders at the financial services provider sold shares 7 times. They sold a total of 113,021 shares worth more than $4,985,979.37. The most recent insider tranaction occured on October, 18th when insider Jodi L Richard sold 25,000 shares worth more than $1,225,750.00. Insiders at U.S. Bancorp own 0.2% of the company. Learn More about insider trades at U.S. Bancorp.

Information on this page was last updated on 10/18/2024.

Shailesh M. Kotwal Insider Trading History at U.S. Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/11/2023Sell2,046$40.34$82,535.64112,722View SEC Filing Icon  
12/7/2023Sell2,954$39.56$116,860.24119,768View SEC Filing Icon  
7/29/2019Sell20,000$57.33$1,146,600.0065,959View SEC Filing Icon  
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Shailesh M. Kotwal Buying and Selling Activity at U.S. Bancorp

This chart shows Shailesh M Kotwal's buying and selling at U.S. Bancorp by year and by quarter.

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U.S. Bancorp Company Overview

U.S. Bancorp logo
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Further, it provides investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Additionally, the company provides corporate and purchasing card, and corporate trust services. Furthermore, it offers trust and investment management, merchant and ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
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Today's Range

Now: $50.74
Low: $50.29
High: $50.96

50 Day Range

MA: $47.33
Low: $43.85
High: $51.26

2 Week Range

Now: $50.74
Low: $36.49
High: $51.76

Volume

8,066,370 shs

Average Volume

8,128,345 shs

Market Capitalization

$79.16 billion

P/E Ratio

15.52

Dividend Yield

3.97%

Beta

1.02