Executives of U.S. Bancorp initially didn't want to sell to First Bank System Inc., but they are likely to be richly rewarded for doing so.

Gerry B. Cameron, U.S. Bancorp's chairman and chief executive officer, would get $5.95 million in cash once shareholders approve the company's sale to First Bank. The deal is scheduled for a vote July 31, according to proxy materials released Tuesday.

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