U.S. Bancorp in Minneapolis has added two high-profile business leaders to its board of directors.
The $330 billion-asset company announced Tuesday that Doreen Woo Ho, a longtime banker and currently a commissioner on the San Francisco Port Commission, and Roland A. Hernandez, a one-time chief executive of the Spanish-language television company Telemundo Group Inc., will join the board on Jan. 16.
"We are delighted to welcome Doreen and Roland to our board," U.S. Bancorp Chairman, President and CEO Richard Davis said in a news release. "Doreen's extensive commercial and consumer banking background, along with her first-hand experience in the California banking market, will be an excellent asset to our company. Roland's broad retail consumer insights and extensive corporate governance experience will make him a great addition to U.S. Bancorp's board."
Woo Ho, 64, was a banker for 35 years before being appointed to the port commission earlier this year. She spent 25 years in a range of roles at Citigroup Inc. and nine years at Wells Fargo & Co., where she oversaw consumer lending and later headed its enterprise marketing group.
In early 2009, she joined United Commercial Bank in San Francisco as its head of community banking and was promoted to president later that year when its CEO, Thomas Wu, was ousted amid allegations that he misled investors about the extent of the company's loan troubles.
Woo Ho was not given much time to right the ship, however. United Commercial failed less than three months after she took the helm.
Hernandez, 54, headed Telemundo from 1995 to 2001. He is currently the CEO of Hernandez Media Ventures, a company he founded that acquires and manages media assets.