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Fifth Third Bancorp (FITB.OQ)

FITB.OQ on NASDAQ Stock Exchange Global Select Market

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15 Jun 2018
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Summary

Name Age Since Current Position

Gregory Carmichael

56 2018 Chairman of the Board, President, Chief Executive Officer

Tayfun Tuzun

52 2013 Chief Financial Officer, Executive Vice President

Lars Anderson

56 2015 Chief Operating Officer, Executive Vice President

Robert Shaffer

2017 Chief Human Resource Officer, Executive Vice President

Teresa Tanner

49 2015 Executive Vice President, Chief Administrative Officer

Jude Schramm

2018 Executive Vice President, Chief Information Officer

Matthew Jauchius

46 2017 Executive Vice President, Chief Marketing Officer

Frank Forrest

62 2014 Executive Vice President, Chief Risk Officer

James Leonard

47 2015 Executive Vice President, Treasurer

Jelena McWilliams

43 2017 Executive Vice President, Chief Legal Officer, Corporate Secretary

Philip McHugh

52 2014 Executive Vice President

Timothy Spence

39 2015 Executive Vice President, Chief Strategy Officer

Mark Hazel

51 2010 Senior Vice President, Controller

Kristine Garrett

2017 Senior Vice President, Head - Fifth Third Private Bank

Marsha Williams

67 2018 Lead Independent Director

Nicholas Akins

57 2013 Independent Director

B. Evan Bayh

62 2011 Independent Director

Jorge Benitez

58 2015 Independent Director

Katherine Blackburn

52 2014 Independent Director

Emerson Brumback

66 2009 Independent Director

Jerry Burris

54 2016 Independent Director

Gary Heminger

64 2006 Independent Director

Jewell Hoover

68 2009 Independent Director

Eileen Mallesch

62 2016 Independent Director

Michael McCallister

65 2011 Independent Director

Hendrik Meijer

65 2001 Independent Director

Biographies

Name Description

Gregory Carmichael

Mr. Gregory D. Carmichael is Chairman of the Board, President, Chief Executive Officer of the Company. effective November 1, 2015. Mr. Carmichael’s qualifications for service as a director include valuable insight and knowledge for the Board due to his service as its Chief Executive Officer and his prior role as Chief Operating Officer. Mr. Carmichael also brings important technical expertise from his years of service as Fifth Third’s Chief Information Officer and his prior service in information technology roles with prior employers.

Tayfun Tuzun

Mr. Tayfun Tuzun is Executive Vice President and Chief Financial Officer of the Company. Previously, Mr. Tuzun was the Senior Vice President and Treasurer of the Bancorp from December 2011 to October 2013. Prior to that, Mr. Tuzun was the Assistant Treasurer and Balance Sheet Manager of Fifth Third Bancorp. Previously, Mr. Tuzun was the Structured Finance Manager since 2007.

Lars Anderson

Mr. Lars C. Anderson is Chief Operating Officer, Executive Vice President of the Company. Previously, Mr. Anderson was Vice Chairman of Comerica Incorporated and Comerica Bank since December 2010.

Robert Shaffer

Mr. Robert Shaffer is Chief Human Resource Officer, Executive Vice President of the Company. Prior to joining Fifth Third Bank, Shaffer served as a partner in Arthur Andersen's Business Advisory Practice in Chicago, where he specialized in the audit of public companies in the financial services industry. He began his career with KPMG's Assurance Service Practice in Pittsburgh in 1991. Shaffer has extensive civic involvement, having previously served as the 2011 chair of Fifth Third's United Way corporate campaign. He currently serves on the United Way of Greater Cincinnati's Impact Cabinet, and received that organization's Community Service Award for Developing Resources in 2012.

Teresa Tanner

Ms. Teresa J. Tanner is Executive Vice President, Chief Administrative Officer of the company. Previously, Ms. Tanner was the Executive Vice President and Chief Human Resources Officer of the Bancorp since February 2010 and Senior Vice President and Director of Enterprise Learning since September 2008. Prior to that, she was Human Resources Senior Vice President and Senior Business Partner for the Information Technology and Central Operations divisions since July 2006. Previously, she was Vice President and Senior Business Partner for Operations since September 2004.

Jude Schramm

Mr. Jude Schramm is Executive Vice President, Chief Information Officer of the Company. Schramm recently joined Fifth Third from GE Aviation, where he served as chief information officer and was responsible for leading the digital strategy and supporting digital products and internal web services. He joined GE Aviation in 2001 and held a number of roles, including IT leader for the Commercial Engines division and certified lean leader for GE Infrastructure, where he was responsible for cross-business synergy programs between GE Aviation and GE Energy. Schramm began his career with Ernst & Young and is a graduate of the University of Cincinnati with a bachelor's degree in Information Systems and Business Management. He is a certified Six Sigma Master Black Belt.

Matthew Jauchius

Mr. Matthew E. Jauchius is Executive Vice President, Chief Marketing Officer of the company. Prior to joining Fifth Third, Jauchius served as executive vice president and chief marketing officer for Hertz Global Holdings Inc., a post he had held since 2015. Jauchius will report to Chief Strategy Officer Tim Spence. Prior to joining Hertz, Jauchius served Nationwide Mutual Insurance Company in Columbus, Ohio, as chief marketing officer from 2010 to 2015. His background also includes eight years of consulting in the industrial (automotive) and financial services industries with McKinsey & Company. Jauchius began his career with Ernst & Young (now EY) and Bank One (now Chase) in audit and strategy positions.

Frank Forrest

Mr. Frank R. Forrest is Executive Vice President and Chief Risk Officer of the Company. Previously, Mr. Forrest was Executive Vice President and Chief Risk and Credit Officer of the Bancorp since September 2013. Prior to that, Mr. Forrest served with Bank of America Merrill Lynch. From March 2012 until June 2013, Mr. Forrest served as Managing Director and Quality Control Executive for Legacy Asset Services, a division of Bank of America. From September 2008 until March 2012, Mr. Forrest was Managing Director and Global Debt Products Executive for Global Corporate and Investment Banking. Formerly from January 2007 to September 2008, Mr. Forrest was Risk Management Executive for Commercial Banking.

James Leonard

Mr. James C. Leonard, CPA., is Executive Vice President, Treasurer of the Company. Previously, Mr. Leonard was Senior Vice President from October 2013 to September 2015, the Director of Business Planning and Analysis from 2006 to 2013 and the Chief Financial Officer of the Commercial Banking Division from 2001 to 2006.

Jelena McWilliams

Ms. Jelena McWilliams is a Executive Vice President, Chief Legal Officer, Corporate Secretary of the Company. Previously Ms. McWilliams was Chief Counsel since January 2015 and Deputy Staff Director since July 2016 of the U.S. Senate Committee on Banking, Housing and Urban Affairs. Previously she was Senior Counsel to the U.S. Senate Committee on Banking, Housing and Urban Affairs from July 2012 to December 2015. Prior to that, she served as Assistant Chief Counsel to the U.S. Senate Small Business and Entrepreneurship Committee and before that as an attorney at the Federal Reserve Board of Governors. Prior to government service, she practiced as an attorney with Morrison & Foerster LLP in Palo Alto, California and then with Hogan & Hartson LLP (now Hogan Lovells LLP) in Washington, D.C.

Philip McHugh

Mr. Philip R. McHugh is Executive Vice President of the Company, Previously, Mr. McHugh was Executive Vice President of Fifth Third Bank since June 2011 and was Senior Vice President of Fifth Third Bank from June 2010 through June 2011. Prior to that, Mr. McHugh was the President and CEO of the Louisville Affiliate of Fifth Third Bank from January 2005 through June 2010.

Timothy Spence

Mr. Timothy N. Spence is Executive Vice President, Chief Strategy Officer of the Company. Previously, Mr. Spence was a senior partner in the Financial Services practice at Oliver Wyman since 2006, a global strategy and risk management consulting firm.

Mark Hazel

Mr. Mark D. Hazel is Senior Vice President and Controller of the Company. Prior to that, Mr. Hazel was the Assistant Bancorp Controller since 2006 and was the Controller of Nonbank entities since 2003.

Kristine Garrett

Ms. Kristine Garrett is Senior Vice President, Head - Fifth Third Private Bank of The Company. In her new role, Garrett will be responsible for leading the vision, strategy and execution for Fifth Third Private Bank across the Bank's footprint. She will report to Mike Michael, executive vice president and head of Wealth and Asset Management. Prior to joining Fifth Third, Garrett most recently served as president of private wealth at CIBC US. In this position, she had direct responsibility for private banking, investment management, trust and brokerage across the personal advisory and corporate client segments. She also held national and regional leadership roles at J.P. Morgan. Garrett earned a bachelor's degree from Allegheny College in Pennsylvania.

Marsha Williams

Ms. Marsha C. Williams is Lead Independent Director of the Company. She is the retired Senior Vice President and Chief Financial Officer of Orbitz Worldwide, Inc. from July 2007 through December 31, 2010. From 2002 to 2007, Ms. Williams served as Executive Vice President and Chief Financial Officer of Equity Office Properties Trust, the nation’s largest owner and operator of office buildings. She is also the Supervisory Director of Chicago Bridge & Iron Company N.V., the Lead Independent Director of Modine Manufacturing Company, and a director of the Davis Funds.

Nicholas Akins

Mr. Nicholas K. Akins is an Independent Director of the Company. Mr. Akins’ qualifications for service as a director include business expertise as the Chief Executive Officer of a large, multi-state electric utility where he focuses on local operating utilities, community involvement, government relations, and regulations at the state, local, and federal levels. Mr. Akins has experience in all facets of operational, financial, and compliance-related activities in a heavily regulated business and industry.

B. Evan Bayh

Mr. B. Evan Bayh, III., is an Independent Director of the Company. He is a is a Partner with the law firm McGuireWoods LLP and a senior advisor to the private equity firm, Apollo Global Management. Mr. Bayh also serves on the Board of Directors of Marathon Petroleum Corporation, Berry Plastics Group, Inc., and RLJ Lodging Trust. Mr. Bayh’s qualifications for service as a director include two decades of experience in government service. First as Governor of Indiana and then in the United States Senate, Mr. Bayh dealt with a variety of financial, economic and policy issues that impact a wide variety of businesses. He had supervisory authority over thousands of employees and oversaw a budget in excess of $10 billion. As a member of the Senate Banking Committee and Chair of the International Trade and Finance Subcommittee, Mr. Bayh gained perspective on issues of particular relevance to Fifth Third Bancorp.

Jorge Benitez

Mr. Jorge L. Benitez is Independent Director of the Company. Mr. Benitez’s qualifications for service as a director include extensive experience developing and executing business strategies across a range of industries, particularly air, freight, and travel and transportation services, as well as significant executive experience running operating units within a large multinational publicly-traded corporation.

Katherine Blackburn

Ms. Katherine H. Blackburn is Independent Director of Fifth Third Bancorp. Ms. Blackburn’s qualifications for service as a director include business experience in running operations for the Cincinnati Bengals professional football franchise. She has extensive experience with human resource and personnel matters, cost and efficiency management, and negotiations of complex partnerships and business ventures for large and multi-faceted enterprises. Ms. Blackburn also has extensive experience with management of diversity and inclusion initiatives for large organizations through her role on the National Football League’s Diversity Committee. Additionally, Ms. Blackburn holds a law degree and brings to the Board knowledge and familiarity of Fifth Third and the City of Cincinnati.

Emerson Brumback

Mr. Emerson L. Brumback is an Independent Director of Fifth Third Bancorp. Mr. Brumback’s qualifications for service as a director include banking expertise through his 30 years of experience in the financial services industry with several banking organizations, including the Buffalo branch of the Federal Reserve Bank of New York. He has gained valuable insight through his experience in executive positions overseeing many aspects of the banking field, including retail banking, commercial banking, banking operations, and systems. Mr. Brumback also brings his experience as a former board member with another financial services company.

Jerry Burris

Mr. Jerry W. Burris is a Independent Director of the company. Mr. Burris’ qualifications for service as a director include management expertise as the President and Chief Executive Officer of Associated Manufacturing and as a division president with General Electric. Mr. Burris’ expertise includes strong technical marketing skills, a sound understanding of how to best integrate technology, rapid innovation, mergers and acquisitions, and cost and efficiency management. He also brings experience from his service on a public company board’s compensation and governance and audit committees.

Gary Heminger

Mr. Gary R. Heminger is an Independent Director of the Company. He is is the President, Chief Executive Officer and Chair of Marathon Petroleum Corporation and the Chair and Chief Executive Officer of MPLX GP LLC (the general partner of MPLX LP). MPLX LP is a consolidated master limited partnership formed by Marathon Petroleum Corporation. Mr. Heminger’s qualifications for service as a director include valuable business knowledge gained from his responsibilities in overseeing all operations, performance, reporting, and financial metrics for Marathon’s refining, marketing, transportation and Speedway business. He has financial experience through his oversight of all financial data, working capital, and merger and acquisition activity.

Jewell Hoover

Ms. Jewell D. Hoover is an Independent Director of Fifth Third Bancorp. is a retired Senior Official with the Office of the Comptroller of the Currency and is the author of the “Ultimate Guide for Bank Directors.” Ms. Hoover is also a former director of First Charter Corporation and was a principal with the bank consulting firm of Hoover and Associates, LLC until 2014. Ms. Hoover’s qualifications for service as a director include 28 years of service with the Office of the Comptroller of the Currency, including service as the Deputy Comptroller of the agency’s Western District. She also has gained valuable banking experience and knowledge as a bank consultant for corporate governance, director training, and problem bank resolution matters. Additionally, she has first-hand knowledge of the Company through her service as a director of its North Carolina affiliate and a predecessor banking organization.

Eileen Mallesch

Ms. Eileen A. Mallesch Independent Director of the company. She is the retired Senior Vice President and Chief Financial Officer of Nationwide Property & Casualty Segment, Nationwide Mutual Insurance Company. She was also a Senior Vice President and Chief Financial Officer for Genworth Financial Life Insurance/Service Co. Ms. Mallesch currently serves on the Boards of Directors of Libbey, Inc., State Auto Financial Corp., and Bob Evans Farms, Inc. Ms. Mallesch’s qualifications for service as a director include financial management experience from her roles as Chief Financial Officer for both Nationwide Mutual Insurance Company and Genworth Financial Life Insurance/Service Co. She has more than 25 years of broad finance and strategy experience in a variety of industries, ranging from insurance and telecommunications to consumer products and manufacturing. In addition, Ms. Mallesch brings vast knowledge in enterprise resource planning and large-scale technology integrations, strategic planning, and managing acquisitions, divestures, and risk and compliance management. She is also a Certified Public Accountant.

Michael McCallister

Mr. Michael B. McCallister is an Independent Director of Fifth Third Bancorp. He is the retired Chair of the Board of Directors of Humana Inc. Previously, Mr. McCallister was the Chief Executive Officer of Humana Inc. from February 2000 until his retirement as Chief Executive Officer in December 2012. He was elected as a Humana board member in February 2000 and was Chair of the Board from August 2010 until December 2013. Mr. McCallister joined Humana in June 1974. He is also a director of AT&T Inc. and a director of Zoetis Inc. Mr. McCallister’s qualifications for service as a director include 39 years of experience in the health care sector at Humana, Inc. combined with an intimate knowledge of Humana’s operational, financial, and strategic development. Beyond Humana, Mr. McCallister plays a leadership role in key business advocacy organizations. He served on the board of the Business Roundtable and is the past chair of the organization’s Health and Retirement Task Force.

Hendrik Meijer

Mr. Hendrik G. Meijer is an Independent Director of Fifth Third Bancorp. He is the Co-Chair, Chief Executive Officer, and Director of Meijer, Inc. and its affiliates, a food and general merchandise retailer with approximately 223 supercenters located in Michigan, Ohio, Indiana, Illinois, Kentucky, and Wisconsin.