Home » Terry Dolan: U.S. Bank Executive Reported Dead in Minnesota Plane Crash

Terry Dolan: U.S. Bank Executive Reported Dead in Minnesota Plane Crash

by NY Review Team
Terry dolan: u.s. bank executive reported dead in minnesota plane

BROOKLYN PARK, Minn. (FOX 9) – A tragic aviation incident occurred on Saturday afternoon when a plane crashed into a residential home in Brooklyn Park. The aircraft, a SOCATA TBM7, was piloted by U.S. Bank executive Terry Dolan, who is believed to have been the sole occupant.

Details of the Crash

The Federal Aviation Administration (FAA) reported that the crash took place around 12:20 p.m., near the intersection of 109th Avenue North and Noble Parkway. The flight had departed from Des Moines International Airport in Iowa and was en route to Anoka County-Blaine Airport in Minneapolis. Although Dolan sadly did not survive the crash, there was one individual inside the house at the time of the accident who managed to escape unharmed.

Investigation into the Incident

As of now, the FAA is conducting an investigation to determine the cause of the crash. The official confirmation regarding Dolan’s presence on the flight is still pending from authorities.

Terry Dolan: A Brief Overview

Terry Dolan, 63, recently appointed as vice chair and chief administration officer of U.S. Bank in 2023, had a long history with the company, having joined in 1998. Before his recent role, Dolan served as the chief financial officer and had headed the bank’s wealth management and investment services division.

As chief administration officer, Dolan was integral to corporate strategy as well as marketing and analytics operations within U.S. Bank. He was also known for his dedication to philanthropic initiatives and sat on the boards of various charitable organizations including the Killebrew Thompson Memorial, Catholic Charities, the Minnesota Opera, and The Minneapolis Foundation.

Reactions from U.S. Bank

In light of this tragic event, U.S. Bank expressed their condolences in a statement released on Sunday. They acknowledged that the aircraft was registered to Dolan and conveyed their thoughts and prayers to him, his family, and all affected by the incident. The bank also expressed gratitude that there were no injuries to the residents of the house impacted by the crash and extended their appreciation to first responders for their quick action during the event.

Terry Dolan (U.S. Bank / Supplied)

Conclusion

This incident serves as a stark reminder of the unpredictability of aviation and the impact such tragedies can have on families, communities, and organizations. The investigation by federal authorities will provide further insights into the circumstances surrounding the crash.

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