COLUMBUS, Ohio, Aug. 9, 2017 /PRNewswire/ -- Nick Stanutz
today announced his intention to retire from Huntington Bancshares
Incorporated (NASDAQ: HBAN; www.huntington.com) effective at the
end of the year following 31 years of service in various roles of
increasing leadership.
"I have thoroughly enjoyed my more than three decades at
Huntington and having the opportunity to build a best-in-class auto
lending business from the ground up. I have been fortunate to work
with the best teams in the business and am grateful for the strong
partnerships and true friendships with my colleagues and our
customers," said Stanutz.
Stanutz, who began his career in retail banking at Indiana
National Bank in 1978 where he also worked in commercial banking,
came to Huntington in May of 1986 to help build Huntington's new
auto lending portfolio. In 1993, he moved to Columbus to lead all of consumer banking for
Huntington. In 1998, Stanutz became part of Huntington's leadership
team at which time auto became a separate line of business for the
bank. In 2010, Stanutz also took on responsibility for leading
Commercial Real Estate (CRE) during a pivotal time in the economic
cycle and across the industry.
"Nick has been an invaluable and integral member of our
executive leadership team over the years. He's made many
outstanding contributions to Huntington during his long tenure
helping to lead, build and grow the bank," said Steve Steinour, Huntington's chairman, president
and CEO. "Nick is an industry-respected leader, a great colleague
and partner, and someone who has always looked out for our
colleagues and our customers. We're grateful for his leadership and
will continue to benefit from the strength of his teams, their
consistent execution, depth of management and leadership."
As part of Stanutz's retirement, each of his teams will be led
by their current leaders, who as of January
1, 2018, will report to different members of Huntington's
executive leadership team.
"Nick has spent his entire career developing talented people,"
added Steinour. "We have strong teams in place as a result of his
leadership, with 29-year Huntington veteran Rich Porrello continuing to manage our Auto
Finance business together with experienced executives Tom Wirth and Renee
Csuhran managing Recreational Vehicle & Marine and
Commercial Real Estate, respectively."
Stanutz will work closely with each business and Huntington's
partners and customers to ensure a seamless transition.
About Huntington Bank
Huntington Bancshares Incorporated is a regional bank holding
company headquartered in Columbus,
Ohio, with $101 billion of
assets and a network of 996 branches and 1,860 ATMs across eight
Midwestern states. Founded in 1866, The Huntington National Bank
and its affiliates provide consumer, small business, commercial,
treasury management, wealth management, brokerage, trust, and
insurance services. Huntington also provides auto dealer, equipment
finance, national settlement and capital market services that
extend beyond its core states. Visit huntington.com for more
information.
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SOURCE Huntington Bancshares Incorporated