Financial Stocks Growth= Host Hotels and Resorts Inc (NYSE:HST), U.S. Bancorp (NYSE:USB)

Host Hotels and Resorts Inc (HST) recently declared the promotion of Nathan S. Tyrrell to executive vice president, investments and Bret D.S. McLeod to senior vice president, corporate strategy and shareholder relations.  In addition, Sourav Ghosh, senior vice president, has been designated the head of the newly formed enterprise analytics group.

Mr. Tyrrell, who joined the company in 2005, has served as managing director, investments for the East and South since 2015.  Before that, he was senior vice president and treasurer. In his new role, Mr. Tyrrell will assume responsibility for all investment activity of the Company and continue to report to the chief executive officer.

Mr. McLeod served most recently as vice president and assistant treasurer, spearheading planned planning efforts and leading various special projects and capital market transactions. He joined the company in 2004 and has held positions in strategy, finance, investments and shareholder relations.  In his new role, Mr. McLeod will lead the corporate strategy and shareholder relations teams and continue to report to the chief financial officer.

Mr. Ghosh has worked as senior vice president, global business intelligence since 2015 and joined the company in 2009.  In his new role, he will report directly to the chief financial officer and be responsible for all analytic functions, counting feasibility and portfolio analysis, business intelligence, revenue administration, corporate financial planning and capital expenditure analysis, in addition to innovations and programs for the company’s various departments and investment platforms.  Mr. Ghosh’s new department will continue to enhance Host’s industry leading asset administration and real estate value maximization.

“We are happy to declare the promotions of these three talented executives,” said James F. Risoleo, president and chief executive officer. “Nate brings noteworthyexperience and leadership to our investments team and this is a natural expansion of his current role. I look forward to working closely with him going forward.”

“We are very excited that Bret will lead corporate strategy and shareholder relations, as his energy and breadth of experience at Host will be strong assets to both areas,” said Gregory J. Larson, executive vice president and chief financial officer. “We are also thrilled to name Sourav as head of our new enterprise analytics department.  As a key member of our asset administration team, Sourav has proven invaluable in building our business intelligence platform and we expect the same success with this new department.”

U.S. Bancorp (USB) provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, counting capital markets, treasury administration, and receivable lock-box collection services to corporate customers; and a range of asset administration and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company customers principally within its markets, in addition to fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, in addition to offers cash and investment administration, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices mainly in the Midwest and West regions of the United States; and a network of 4,936 ATMs, in addition to through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

 

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