Fifth Third Bancorp (Nasdaq: FITB) announced today that William Tyson
has been hired to become co-head of Fifth
Third Capital Markets, reporting to Lars Anderson, executive vice
president and chief operating officer.
In addition to teaming with Bob Marcus on the overall strategic
direction of the unit, Tyson will focus on driving the Bank’s growth in
strategic merger and acquisition advisory services. M&A advisory
services represent an expansion of capabilities and a significant growth
area for Fifth Third Capital Markets to support middle market and
mid-corporate clients. Fifth Third recently advised Flash Foods, Inc. on
their $425
million sale to CST Brands.
Tyson will also lead new initiatives to further develop the Bank’s
relationship with private equity companies.
Tyson joins Fifth Third from BB&T Capital Markets, where he most
recently served as senior managing director and co-head of Investment
Banking. Prior to his 18 years with BB&T and a predecessor, Scott &
Stringfellow, he was a managing director at Wheat First Butcher Singer.
Throughout his career in investment banking and capital markets, he has
completed more than 125 capital financing and M&A advisory assignments.
“We are excited to add a leader with Bill’s experience and track record
to Fifth Third,” Anderson said. “He brings extensive expertise that will
directly add value to our existing client relationships and help us
further establish high-quality relationships. His addition deepens our
base of talent and we are excited about our prospects for future growth
for our Capital Markets unit.”
Tyson holds a bachelor’s degree from the University of Virginia in
finance and accounting, and graduated from the executive program at the
Darden School of Business at the University of Virginia. His community
involvement has included leadership roles on multiple boards for the
University of Virginia, as well as board service with St. Margaret’s
School and the William Byrd Community House.
“I am thrilled to join the Capital Markets team at Fifth Third,” Tyson
said. “I have known Lars Anderson and Bob Marcus for decades and have
always respected their level of commitment to their clients. I look
forward to making an immediate contribution and helping the Bank fully
capitalize on its growth prospects.”
About Fifth Third Capital Markets
Fifth Third Capital Markets seeks to provide value-added advice and
financial risk solutions aimed to support the growth, profitability and
capital needs of mid- and large corporate clients. Fifth Third Capital
Market services include investment banking++, debt capital
markets+, bond capital markets++, equity capital
markets++, financial risk management+, and fixed
income sales and trading++. The group has offices in Atlanta,
Charlotte, Cincinnati, Chicago, Cleveland, Dallas, Memphis, and
Nashville providing services across a variety of industries such as
large corporate; mid corporate; consumer and retail; energy; gaming,
lodging and leisure; healthcare; real estate; technology, media and
telecom.
+ Services and activities offered through Fifth Third Bank
++
Services and activities offered through Fifth Third Securities, Inc.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $142 billion in
assets and operates 1,241 full-service Banking Centers, including 95
Bank Mart® locations, most open seven days a week, inside select grocery
stores and over 2,500 ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Georgia and
North Carolina. Fifth Third operates four main businesses: Commercial
Banking, Branch Banking, Consumer Lending, and Investment Advisors.
Fifth Third also has an 18.3% interest in Vantiv Holding, LLC. Fifth
Third is among the largest money managers in the Midwest and, as of
March 31, 2016, had $303 billion in assets under care, of which it
managed $26 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.
Copyright © 2016. Fifth Third Bank, Member FDIC, Equal Housing Lender,
All Rights Reserved.
Fifth Third Bancorp
Sean Parker, 513-534-6791