Outstanding Achievement Award Recipient
Carlson School of Management, November 12, 2015
Andrew Cecere received a master of business administration in 1991 from the Carlson School of Management at the University of Minnesota. Cecere is currently the chief financial officer and vice chairman of U.S. Bancorp, the 5th largest bank in the nation, which employees over 65,000 people and serves 25 Midwestern and Western states. He is credited with building consensus among 24 CFOs of the nation’s largest banks to develop The Clearing House’s recommendations regarding bank stress tests, which were presented to the Federal Reserve in 2014. Stress tests determine if banks have enough capital to withstand a surge in loan losses. Cecere was named one of “The Nation’s Best CFO’s” in 2010 and 2014 by Institutional Investor Magazine, and in 2009 and 2010, the Minneapolis-St Paul Business Journal named him one of the “Twin Cities’ 25 Hardest Working CFOs.” Cecere has demonstrated his commitment to the Community through his service on boards such as the Twin Cities United Way and Capital City Partnership, and the Boy Scouts of America, Northern Star Council. His service to the Carlson School and the University is commendable. He serves as vice chair of the Board of Overseers of Carlson School and often as a guest speaker in finance classes. He is described as a champion of the Carlson School’s intern program at U.S. Bancorp. In addition, he is a generous donor and a dedicated and effective volunteer.
Biographies are as-of time of award presentation.