Terry Dolan, vice chair and chief administration officer of U.S. Bank, is believed to have been on the small plane that crashed in Brooklyn Park, Minnesota, on Saturday, according to a bank spokesperson.
The aircraft was registered to Dolan, but the medical examiner has yet to confirm if he was on board.
Brooklyn Park Fire Chief Shawn Conway stated that there were no survivors, though the exact number of people on the plane remains unclear.
A senior government official provided the plane’s tail number, which was linked to Dolan through FAA and Minnesota business records.
The Hennepin County Medical Examiner’s Office is working to identify those on board.
The aircraft, a single-engine SOCATA TBM7, crashed into a home, sparking a fire. One of the two residents was inside at the time but managed to escape safely. The National Transportation Safety Board (NTSB) is leading the investigation and recovering the plane for further examination.