Fifth Third Bank’s Mark Heckler to Succeed Retiring Mark Hoppe as Chicago Region President

Rhea-AI Summary

Fifth Third Bank announces the retirement of Mark Hoppe, Chicago region president, after a 45-year banking career, effective year-end. Mark Heckler, senior commercial banker, will succeed him. Under Hoppe's leadership since the 2019 merger with MB Financial, Fifth Third emerged as a leading middle market bank in Chicago. Hoppe will transition to a senior advisory role post-retirement. Heckler brings extensive experience and will lead ongoing growth in the Chicago market, with a focus on enhancing market share and community service.

Positive

• Hoppe's leadership contributed to Fifth Third's growth as a leading middle market bank in Chicago.
• Mark Heckler's experience is expected to drive continued success and market share growth in the Chicago region.

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• None.

CHICAGO--(BUSINESS WIRE)-- Fifth Third Bank, National Association, has announced that Mark Hoppe, Chicago region president, plans to retire at the end of the year following a distinguished 45-year career in the banking industry. Mark Heckler, senior commercial banker, will succeed him.

Since joining Fifth Third through the merger of Fifth Third Bank and MB Financial in 2019, Hoppe’s leadership has been instrumental in fueling Fifth Third’s growth to be a leading middle market bank in the Chicago market. At retirement, he will serve in a senior advisory capacity for the Bank.

“Mark Hoppe has made a substantial and lasting impact on customers, employees and communities. He has established a unique legacy in the Chicago market,” said Fifth Third Bank President and CEO Tim Spence. “We are grateful for his leadership and significant contributions. We wish Mark nothing but the best in his retirement.”

“It has been the honor of a lifetime to work alongside so many talented bankers dedicated to our customers and community,” said Hoppe. “I know that there are many more exciting growth opportunities ahead for Fifth Third and the Chicago market is in great hands with Mark Heckler.”

Heckler is a recognized leader in Chicago banking and has been pivotal in building the Bank’s high-performing team. During his two decades at Fifth Third and MB Financial, he has held various leadership roles, including those in commercial real estate, specialty commercial banking, leasing, wealth and risk management.

“Mark Heckler’s experience as head of commercial banking coupled with a deep understanding of the needs of the Chicago market and its diverse communities make him the ideal fit to lead Fifth Third to continued success in Chicago,” said Kris Garrett, group regional president and head of Wealth & Asset Management. Garrett, also a veteran of the Chicago banking market, added, “Under Mark’s leadership, we look forward to growing our market share and continuing to serve our customers and communities in this key region.”

About Fifth Third

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of March 31, 2022, the Company had $211 billion in assets and operates 1,079 full-service Banking Centers, and 2,201 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2022, had $549 billion in assets under care, of which it managed $61 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20220725005246/en/

Gemma Bolech (Media Relations)

Gemma.Bolech@53.com | 847-653-7235

Chris Doll (Investor Relations)

Christopher.Doll@53.com | 513-534-2345

Source: Fifth Third Bank

FAQ

Who is replacing Mark Hoppe at Fifth Third Bank?

Mark Heckler, a senior commercial banker, will succeed Mark Hoppe as Chicago region president.

When is Mark Hoppe retiring from Fifth Third Bank?

Mark Hoppe will retire at the end of the year after 45 years in banking.

What impact did Mark Hoppe have on Fifth Third Bank?

Mark Hoppe played a key role in establishing Fifth Third as a leading middle market bank in Chicago.

What are Mark Heckler's qualifications for leading Fifth Third Bank?

Mark Heckler has extensive experience in banking, holding various leadership roles, and a deep understanding of the Chicago market.