Kimberly Harris, Puget Energy head, named to U.S. Bancorp board

U.S. Bancorp on Friday announced that its board of directors has elected Kimberly J. Harris as a director of the company effective Oct. 20.

Harris, 50, is the president and chief executive officer of Puget Energy, Inc., an energy services holding company, and its subsidiary Puget Sound Energy, Inc., a utility company providing electric and natural gas service based in Bellevue. Harris has served Puget Sound Energy in various capacities since 1999, according to a U.S. Bacorp release.

"Kimberly is a proven leader, and her experience running a prominent company that provides critical public infrastructure makes her an outstanding addition to our Board," said Richard K. Davis, chairman, president and CEO of U.S. Bancorp. "Her extensive risk management and compliance experience will also be a tremendous asset to us, and we welcome her to U.S. Bancorp."

U.S. Bancorp (NYSE: USB), with $389 billion in assets as of the end of the second quarter, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The Company operates 3,174 banking offices in 25 states.