Atlanta (April 19, 2022) – Elavon, a wholly-owned subsidiary of U.S. Bank and one the largest payments processors globally, today appointed Pari Sawant as Chief Product Officer.

As Chief Product Officer, Elavon, Sawant will oversee the organization’s global product management efforts and a worldwide team. Sawant joins Elavon with more than 20 years of experience as an executive and senior leader in consumer, SMB and enterprise software. This work encompassed global product management, financial management, marketing, analytics, AI and product development.

“Pari brings a wealth of fintech, product management and development experience that perfectly aligns with our customer needs,” said Jamie Walker, Elavon CEO. “We look forward to his leadership of our global product team.”

Most recently at Adobe, Pari led the Document Cloud business for Adobe.com, enabling consumers to discover and buy digital document products to meet their business productivity needs. Pari also led the machine learning and AI capabilities of the Adobe Experience Platform, which enables global brands to deliver hyper-personalized consumer experiences.

Pari has held diverse senior product and technology roles throughout his career at companies like Fiserv, MetricStream, eBay and Hewlett-Packard. At Fiserv, he led the product launch of Popmoney, the first bank-centric instant P2P payments network to more than 2,000 financial institutions and millions of consumers.

Pari has an MBA from the Haas School of Business at the University of California, Berkeley, and a Master’s in Computer Science from the State University of New York at Binghamton.

Notes to editors

About Elavon

Elavon is wholly owned by U.S. Bank (NYSE: USB), the fifth-largest bank in the United States, and provides end-to-end payment processing solutions and services to more than 2 million customers in the United States, Europe, and Canada. As the leading provider for airlines and a top five provider in hospitality, healthcare, retail, and public sector/education, Elavon’s innovative payment solutions are designed to solve pain points for businesses from small to the largest global enterprises.

About U.S. Bank

U.S. Bancorp, with approximately 70,000 employees and $587 billion in assets as of March 31, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.

Contact:

Joe Rauch, Communications Manager | Global Head of Communications for Merchant Acquiring | Public Affairs and Communications

E: joseph.rauch@usbank.com