Leadership Team

Leadership Team

The U.S. Bancorp Asset Management, Inc. leadership team that supports First American Funds is comprised of experienced executives representing each segment of our business. The firm is headed by Eric Thole, chief executive officer (CEO) of U.S. Bancorp Asset Management and president of First American Funds.

The Leadership Team includes:

  • Eric Thole – CEO of U.S. Bancorp Asset Management and President of First American Funds
      24 years of financial industry experience
  • Jim Palmer, CFA – Chief Investment Officer
      31 years of financial industry experience
  • Kevin Breen – Head of Strategy and Business Development
      22 years of financial industry experience
  • Ken Delecki  – Head of Securities Lending
      29 years of financial industry experience
  • Ruth Mayr – Chief Compliance Officer
      32 years of financial industry experience
  • Rick Ertel  – General Counsel and Secretary
      27 years of financial industry experience
  • Jill Stevenson – Head of Operations and Fund Treasury
      32 years of financial industry experience
  • Tom Hansen – Head of Technology
      26 years of financial industry experience
  • Mark Nelson – Finance Manager
      19 years of financial industry experience