Visa U.S.A. Inc. has elected Philip G. Heasley, president and chief operating officer of U.S. Bancorp, chairman of its board of directors.

Mr. Heasley, 50, joined Visa's 14-member board last year. At U.S. Bancorp of Minneapolis he is in charge of retail banking operations, including the payment systems business. U.S. Bancorp is a leading commercial card issuer, and the largest issuer of Visa purchasing cards.

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