Fifth Third Bancorp today announced that Michelle Van Dyke, currently
regional president, has been named president of Fifth Third Mortgage
Company effective immediately, replacing Bob Lewis who is retiring Sept.
19.
In her new role, Van Dyke will report directly to Chad Borton, executive
vice president and head of the Consumer Bank.
Van Dyke joined Fifth Third in 2001 through the acquisition of Old Kent
Bank, where her assignments included serving as the senior vice
president and manager of the Central U.S. Mortgage region and president
of the Illinois bank. Since joining Fifth Third, she has served as the
regional president for the Michigan affiliates and has also had
oversight responsibility for the St. Louis, Indiana and Ohio affiliates.
Among other awards, Van Dyke was named one of American Banker’s “25 Most
Powerful Women in Banking” in 2007, 2012 and 2013.
Greg D. Carmichael, president and chief operating officer of Fifth Third
Bancorp said, “Michelle is a terrific choice and uniquely well-suited to
lead our mortgage line of business. She has extensive background in the
mortgage business as well as complete familiarity with our affiliate
operating structure. I am confident in her ability to drive very strong
performance in this important line of business.”
Van Dyke said, “I am very pleased with the new role, which will allow me
to focus 100 percent of my attention on a business that for me is a true
passion.”
With this change, Fifth Third also will streamline its reporting
structure. All affiliate presidents now will report directly to
Carmichael. In consideration of the new organization structure, regional
president Karen Dee has elected to take this opportunity to retire and
pursue other interests.
Carmichael said, “We have significant bench strength at Fifth Third
among our leadership team, which gives us confidence to make changes in
our management line-up that will produce successful business results in
the marketplace.”
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $133 billion in
assets and operates 15 affiliates with 1,309 full-service Banking
Centers, including 102 Bank Mart® locations, most open seven days a
week, inside select grocery stores and 2,619 ATMs in Ohio, Kentucky,
Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,
Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates
four main businesses: Commercial Banking, Branch Banking, Consumer
Lending, and Investment Advisors. Fifth Third also has a 22.8% interest
in Vantiv Holding, LLC. Fifth Third is among the largest money managers
in the Midwest and, as of June 30, 2014, had $305 billion in assets
under care, of which it managed $27 billion for individuals,
corporations and not-for-profit organizations. 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.” Fifth Third Bank was established in 1858.
Member FDIC.
Fifth Third Bancorp
Larry Magnesen, 513-534-8055