Wally Mlynarski named CEO of Elavon payments unit

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Wally Mlynarski Named Elavon CEO

March 18, 2026 10:00 AM EDT

Banking veteran returns to company to lead Merchant Payment Services

ATLANTA--(BUSINESS WIRE)-- Wally Mlynarski has been named CEO of Elavon, a wholly owned subsidiary of U.S. Bank, delivering secure, scalable payments solutions and dedicated support to businesses across the United States, Europe and Canada.

Mlynarski most recently led merchant services and receivables at Bank of America. He previously spent seven years with U.S. Bank supporting Elavon, where he held leadership roles including chief product officer. In his new role, Mlynarski will report to Mark Runkel, vice chair and head of... More