STOCK TITAN

Fifth Third Appoints Mike Powell as Corporate Secretary

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management

Fifth Third (NASDAQ: FITB) has appointed Mike Powell as Corporate Secretary with immediate effect. Powell, who will maintain his current oversight of Mergers & Acquisitions, Strategic Investments, Securities, Wealth & Asset Management, and Retail Brokerage divisions, brings extensive experience in corporate governance and legal compliance.

Since joining Fifth Third in December 2017, Powell has played a key role in various M&A transactions, notably the successful merger with MB Financial Bank in May 2019. His previous experience includes serving as M&A Counsel at Teradata and practicing law at Baker Hostetler and Dickinson Wright in Washington, D.C. after graduating from Harvard Law School.

Fifth Third (NASDAQ: FITB) ha nominato Mike Powell come Segretario Aziendale con effetto immediato. Powell, che manterrà la sua attuale supervisione delle divisioni Fusioni e Acquisizioni, Investimenti Strategici, Titoli, Gestione Patrimoniale e Brokeraggio al Dettaglio, porta con sé una vasta esperienza nella governance aziendale e nella conformità legale.

Dall'ingresso in Fifth Third nel dicembre 2017, Powell ha svolto un ruolo chiave in varie operazioni di M&A, in particolare nella fusione di successo con MB Financial Bank nel maggio 2019. La sua esperienza precedente include il ruolo di Consulente M&A presso Teradata e l'attività legale presso Baker Hostetler e Dickinson Wright a Washington, D.C., dopo aver conseguito la laurea alla Harvard Law School.

Fifth Third (NASDAQ: FITB) ha nombrado a Mike Powell como Secretario Corporativo con efecto inmediato. Powell, quien mantendrá su supervisión actual sobre las divisiones de Fusiones y Adquisiciones, Inversiones Estratégicas, Valores, Gestión de Patrimonios y Corretaje al por Menor, aporta una amplia experiencia en gobernanza corporativa y cumplimiento legal.

Desde que se unió a Fifth Third en diciembre de 2017, Powell ha desempeñado un papel clave en varias transacciones de M&A, notablemente la exitosa fusión con MB Financial Bank en mayo de 2019. Su experiencia previa incluye haber sido Asesor de M&A en Teradata y haber ejercido la abogacía en Baker Hostetler y Dickinson Wright en Washington, D.C., tras graduarse de la Harvard Law School.

Fifth Third (NASDAQ: FITB)Mike Powell을 즉시 Corporate Secretary로 임명했습니다. Powell은 현재 인수 합병, 전략적 투자, 증권, 자산 및 재산 관리, 소매 중개 부문에 대한 감독을 유지하며, 기업 거버넌스 및 법적 준수에 대한 풍부한 경험을 가지고 있습니다.

2017년 12월 Fifth Third에 합류한 이후, Powell은 2019년 5월 MB Financial Bank와의 성공적인 합병을 포함하여 여러 M&A 거래에서 중요한 역할을 했습니다. 그의 이전 경험으로는 Teradata에서 M&A 변호사로 근무했으며, 워싱턴 D.C.의 Baker Hostetler 및 Dickinson Wright에서 법률을 실무한 경력이 있습니다. 그는 하버드 로스쿨을 졸업했습니다.

Fifth Third (NASDAQ: FITB) a nommé Mike Powell au poste de Secrétaire Général avec effet immédiat. Powell, qui conservera sa supervision actuelle des divisions Fusions et Acquisitions, Investissements Stratégiques, Titres, Gestion de Patrimoine et Courtage de Détail, apporte une vaste expérience en gouvernance d'entreprise et en conformité légale.

Depuis son arrivée chez Fifth Third en décembre 2017, Powell a joué un rôle clé dans diverses transactions de M&A, notamment la fusion réussie avec MB Financial Bank en mai 2019. Son expérience précédente inclut un poste de conseiller en M&A chez Teradata et une pratique du droit chez Baker Hostetler et Dickinson Wright à Washington, D.C., après avoir obtenu son diplôme de la Harvard Law School.

Fifth Third (NASDAQ: FITB) hat Mike Powell mit sofortiger Wirkung zum Corporate Secretary ernannt. Powell, der seine aktuelle Aufsicht über die Bereiche Fusionen und Übernahmen, strategische Investitionen, Wertpapiere, Vermögens- und Anlageverwaltung sowie Einzelhandelsvermittlung beibehalten wird, bringt umfassende Erfahrung in der Unternehmensführung und rechtlichen Compliance mit.

Seit seinem Eintritt bei Fifth Third im Dezember 2017 hat Powell eine Schlüsselrolle bei verschiedenen M&A-Transaktionen gespielt, insbesondere bei der erfolgreichen Fusion mit der MB Financial Bank im Mai 2019. Zu seinen früheren Erfahrungen gehört die Tätigkeit als M&A-Rechtsberater bei Teradata sowie die Ausübung der Rechtsanwaltschaft bei Baker Hostetler und Dickinson Wright in Washington, D.C., nachdem er an der Harvard Law School graduierte.

Positive
  • Appointment of experienced Harvard Law graduate with strong M&A background
  • Successful track record in M&A transactions, including MB Financial merger
  • Consolidation of multiple key responsibilities under single leadership
Negative
  • None.

CINCINNATI--(BUSINESS WIRE)-- Fifth Third (NASDAQ: FITB) today announced the appointment of Mike Powell as Corporate Secretary, effective immediately. Powell brings a wealth of experience in corporate governance, legal compliance, and administrative management to the role.

Mike Powell, Corporate Secretary, Fifth Third (Photo: Business Wire)

Mike Powell, Corporate Secretary, Fifth Third (Photo: Business Wire)

In addition to assuming full corporate secretary responsibilities, Powell will continue to oversee Mergers & Acquisitions and Strategic Investments, Securities, and the Wealth & Asset Management and Retail Brokerage divisions.

“Mike is a seasoned legal professional with significant corporate governance experience,” said Susan Zaunbrecher, executive vice president and chief legal officer. “His leadership will be critical to Fifth Third as we continue to execute on our priorities of stability, profitability and growth.”

Since joining Fifth Third in December 2017, Powell has facilitated the successful closure of numerous M&A, divestiture, and strategic investment transactions, including Fifth Third’s successful merger with MB Financial Bank, N.A. in May 2019. Prior to joining Fifth Third, Powell spent three years as sole in-house M&A Counsel at Teradata Corporation, a publicly traded big data analytics company with operations worldwide.

Post graduation from Harvard Law School, Mike also spent ten years in Washington, D.C. where he was in private practice with the D.C. offices of two prominent Midwest-based firms, Baker Hostetler and Dickinson Wright.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

Category: Management

Derek Cuculich (Media Relations)

Derek.Cuculich@53.com

Matt Curoe (Investor Relations)

matt.curoe@53.com | 513-534-2345

Source: Fifth Third

FAQ

What role has Mike Powell been appointed to at Fifth Third (FITB)?

Mike Powell has been appointed as Corporate Secretary at Fifth Third, while maintaining his existing responsibilities in M&A, Strategic Investments, Securities, and Wealth Management divisions.

What major merger did Mike Powell oversee at Fifth Third (FITB)?

Powell facilitated Fifth Third's successful merger with MB Financial Bank, N.A. in May 2019.

When did Mike Powell join Fifth Third (FITB)?

Mike Powell joined Fifth Third in December 2017.

What was Mike Powell's role before joining Fifth Third (FITB)?

Prior to Fifth Third, Powell served as M&A Counsel at Teradata and worked in private practice at Baker Hostetler and Dickinson Wright in Washington, D.C.

Fifth Third Bancorp

NASDAQ:FITB

FITB Rankings

FITB Latest News

FITB Stock Data

28.61B
660.85M
0.45%
86.6%
3.04%
Banks - Regional
State Commercial Banks
Link
United States
CINCINNATI