Lee Fite Named Market President
Fifth Third Bancorp (NASDAQ: FITB) announced today that Tom Heiks,
president of North Carolina – which includes the Bank’s Virginia and
South Carolina employees – has been named head of Commercial Middle
Market banking. In addition to his new duties, he will continue to lead
the Bank as a regional president, reporting to Lars Anderson, chief
operating officer.
"I am pleased to announce Tom's expansion of responsibilities," said
Anderson. “He has consistently demonstrated his commitment to helping
our commercial customers grow their businesses.”
Heiks has been with Fifth Third for over 25 years and has had multiple
commercial banking roles in North Carolina and Michigan. He has been
responsible for all aspects of client management as well as for
developing and directing commercial banking, corporate treasury
management and professional services banking.
“I am excited to take on this expanded role,” said Heiks. “I have a
longstanding passion for helping customers capitalize on their business
goals, and look forward to expanding that passion across the Bank’s
footprint. I am also excited to announce that Lee Fite has been named
market president.”
Fite, a lifelong native of the Carolinas, currently serves as a senior
commercial banker. In his new role, he will continue to be responsible
for the Carolinas Commercial banking teams reporting to Heiks. Fite will
also lead the integration of all commercial capabilities and solutions.
Both will continue to reside in Charlotte, where they are active
community members with commitments to numerous boards throughout North
Carolina.
Heiks serves on the board of directors of the North Carolina State
Chamber and the North Tryon Vision Plan. He is a member of the Charlotte
Chamber of Commerce Board of Advisors and is also a campaign chair for
the United Way of Central Carolinas.
Fite is a board member of Discovery Place, Charlotte Regional Partners,
and Wake Forest University Charlotte MBA program. He has chaired annual
campaigns for the Arts and Science Council and the Bank’s United Way
program.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of Sept. 30, 2017, the Company had
$142 billion in assets and operated 1,155 full-service Banking Centers
and 2,465 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida,
Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth
Third provides its customers with access to nearly 55,000 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 also has an 8.6 percent interest in Vantiv
Holding, LLC. Fifth Third is among the largest money managers in the
Midwest and, as of Sept. 30, 2017, had $348 billion in assets under
care, of which it managed $36 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.” Fifth Third Bank was established in 1858.
Member FDIC.
Fifth Third Bancorp
Jewanna Gaither, 678-237-4379