Fifth Third Bancorp (NASDAQ: FITB) announced today that Susan B.
Zaunbrecher has joined the Bank as executive vice president and senior
legal adviser, reporting to Chairman, President and CEO Greg D.
Carmichael.
As part of the bank’s succession planning, Zaunbrecher has been hired
with the intent of succeeding Jelena McWilliams as its chief legal
officer and corporate secretary, given McWilliams is being considered to
chair the Federal Deposit Insurance Corporation (FDIC).
Zaunbrecher most recently served as a partner and chair of the corporate
department at Dinsmore & Shohl LLP, overseeing one of the largest law
firm corporate groups in the Midwest, with nearly 200 lawyers. She also
sat on the firm’s board of directors and executive committee.
“Susan brings more than three decades of legal expertise and will be a
tremendous addition to the executive leadership team at Fifth Third
Bank,” said Carmichael. “In addition to her extensive background in
financial services and regulatory affairs, she understands the power of
a positive client experience. This makes her a great fit for Fifth
Third.”
Zaunbrecher joined Dinsmore in 1990. There, she provided counsel on
transactions, mergers and acquisitions, compliance matters and
securities law. Her clients were primarily financial institutions and
also included public and private manufacturing and service companies.
Zaunbrecher earned her law degree from the University of Cincinnati
College of Law, where she served on the Law Review editorial board. She
earned a bachelor’s degree from Newcomb College of Tulane University.
She is a member of the Ohio Bar Association and is active with numerous
civic and professional organizations, including the Cincinnati Bar
Association, UC Economic Center for Education and Research, United Way
Tocqueville Society, Cincinnati ArtsWave.
“It’s an exciting time to join Fifth Third, and I look forward to making
immediate contributions to the team,” Zaunbrecher said.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2018, the Company had
$142 billion in assets and operated 1,153 full-service Banking Centers
and 2,459 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana,
Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North
Carolina. In total, Fifth Third provides its customers with access to
more than 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, 2018, had
$363 billion in assets under care, of which it managed $37 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
Sean Parker, APR (Media), 513-534-NEWS
or
Sameer Gokhale (Investors), 513-534-2219