Jude Schramm to Lead Fifth Third Bancorp Technology Organization
March 19 2018 - 12:01PM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) announced today that Jude
Schramm, executive vice president and chief information officer,
will lead the information technology organization effective April
2, 2018. He will report to Chairman, President and CEO Greg D.
Carmichael. Aravind Immaneni, who oversees information technology,
is leaving the Bancorp for personal reasons.
“We would like to thank Aravind for his leadership and
contributions, and wish him well in his future endeavors,”
Carmichael said.
Schramm recently joined Fifth Third from GE Aviation, where he
served as chief information officer and was responsible for leading
the digital strategy and supporting digital products and internal
web services. He joined GE Aviation in 2001 and held a number of
roles, including IT leader for the Commercial Engines division and
certified lean leader for GE Infrastructure, where he was
responsible for cross-business synergy programs between GE Aviation
and GE Energy.
“Jude Schramm has established a career track record both of
innovation and transformation,” Carmichael said. “His experience
and passion will further propel Fifth Third’s ability to meet and
exceed customers’ expectations in an evolving world. We are excited
to welcome Jude to our leadership team.”
Schramm began his career with Ernst & Young and is a
graduate of the University of Cincinnati with a bachelor’s degree
in Information Systems and Business Management. He is a certified
Six Sigma Master Black Belt.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of Dec. 31, 2017, the Company
had $142 billion in assets and operated 1,154 full-service Banking
Centers and 2,469 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 Dec. 31, 2017, had $362 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.”
Copyright © 2018.
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Fifth Third BancorpMediaSean Parker,
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