A senior executive from US Bank is believed to have perished in a plane crash near Minneapolis on Saturday. The small aircraft, registered under the executive’s name, crashed into a residential property, killing the unidentified pilot. Local authorities reported no other injuries from the incident.
The Hennepein County Medical Examiner has yet to officially confirm the identity of the deceased. However, speculation suggests that the victim was Terry Dolan, the Vice Chair and Chief Administration Officer of US Bancorp. His colleagues share this belief, as they await official confirmation.
US Bancorp has confirmed that the crashed plane was registered to Dolan. The company expressed its belief that Dolan was on board at the time of the accident, although this has not been officially confirmed by the medical examiner’s office. The company also extended its condolences to Dolan’s family, friends, and anyone else affected by the tragic incident.
Dolan, 63, assumed the role of Vice Chair in 2023 and was responsible for various operations within the company, including marketing and analytics. His contributions extended beyond his professional role, as he was an active philanthropist and held positions on several boards. These included the Killebrew Thompson Memorial, the Minnesota Opera, Artspace, Catholic Charities, and The Minneapolis Foundation.
The fatal crash occurred around noon on Saturday when Dolan’s plane collided with a house in Brooklyn Park, Minnesota. The impact caused the house to catch fire, but no injuries were reported among the residents. The plane had taken off from Des Moines International Airport in Iowa earlier that day and was only ten minutes away from its destination, Anoka County-Blaine Airport in Minneapolis, when the accident occurred.
The identity of the deceased pilot is expected to be released by the medical examiner’s office once the investigation concludes. Recovery efforts and documentation of the accident site began on Sunday. Timothy Sorensen, a senior aviation accident investigator with the National Transportation Safety Board, informed the Minnesota Star Tribune that a preliminary report could take up to two weeks to finalize.