Fifth Third Bancorp (Nasdaq: FITB) announced today that Executive Vice
President Teresa Tanner, chief human resources officer, has been named
chief administrative officer, effective immediately. Tanner’s
responsibilities will expand beyond Human Capital to also include
Facilities, Strategic Sourcing and the Enterprise Program Management
Office.
Tanner has led all functions within Fifth Third’s Human Capital division
since 2010, directing a team of more than 300 Human Capital
professionals in the disciplines of Organizational Development, HR
Operations, Business Partners, Diversity, Employee Relations, Total
Rewards (Compensation and Benefits), Enterprise Learning and Recruiting.
She joined Fifth Third in 2004 and served in various Human Capital
positions prior to her promotion to chief human resources officer.
“I am pleased to announce Teresa’s expansion of responsibilities,” said
President Greg D. Carmichael, who is slated to become CEO on Nov. 1.
“She has demonstrated her ability to lead positive change on numerous
key initiatives and I am confident that she will provide outstanding
direction to her expanded team.”
Tanner began her career with McDonald’s Corporation and has a vast
background in education, human resources and operations management. She
attended Pensacola Christian College and received her MBA from Xavier
University.
Tanner has a long history of community involvement and impact. Her
current commitments include serving as vice-chair of the Ronald McDonald
House Charities and vice-chair of the ArtsWave Board of Trustees. She
also serves on the Board of the FreeStore Foodbank and is active with
the Women’s Leadership Council of the United Way.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $142 billion in
assets and operates 1,299 full-service Banking Centers, including 101
Bank Mart® locations, most open seven days a week, inside select grocery
stores and 2,630 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 percent interest in Vantiv Holding, LLC.
Fifth Third is among the largest money managers in the Midwest and, as
of June 30, 2015, had $304 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
Investors:
Jim Eglseder, 513-534-8424
or
Media:
Sean Parker, 513-534-6791