Wally Mlynarski was named CEO of Elavon, a payments subsidiary of U.S. Bank. Mlynarski previously led merchant services and receivables at Bank of America. He will report to Mark Runkel, vice chair and head of Payments: Merchants and Institutional at U.S. Bank. Mlynarski succeeds Jamie Walker, who will lead U.S. Bank’s digital assets and money management organization. Elavon processes more than 576 USD billion in transactions annually worldwide.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U.S. Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 20260318811265) on March 18, 2026, and is solely responsible for the information contained therein.
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