Fifth Third Bank Adds Leadership to Southern California Team for Inland Empire and San Gabriel Valley
September 04 2019 - 1:04PM
Business Wire
Fifth Third Bank (Nasdaq: FITB) recently announced additions to
its Southern California leadership team.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190904005780/en/
Louis Goodwin joins Fifth Third as senior
vice president and regional executive for the Inland Empire and San
Gabriel Valley. (Photo: Business Wire)
Louis Goodwin joins as senior vice president and regional
executive for the Inland Empire and San Gabriel Valley. He brings
more than two decades of middle-market banking experience and will
lead Fifth Third’s middle-market strategy for the region. This
includes building a team of seven to 10 professional bankers.
Rick Arcaro, a 22-year commercial banking veteran, joins
as senior vice president and team lead for the Inland Empire and
San Gabriel Valley. In this role, Arcaro is responsible for
developing and maintaining relationships with middle-market
clients, including family-owned businesses and private equity-owned
middle-market companies. In addition to business development, he
will play an active role alongside Goodwin in building a team for
the region.
Arcaro and Goodwin will report directly to Joseph Yurosek,
California market president for Fifth Third.
“As we continue to expand our Southern California market
presence, I’m excited to welcome Louis and Rick to the team,” said
Yurosek. “Their talent and expertise will play a critical role in
enhancing our client experience and capabilities in the Inland
Empire and San Gabriel Valley.”
The hires are part of Fifth Third’s strategic buildout in
California. Fifth Third established its first presence in
California in 2013 with the opening of an office in Century City
for its Technology, Media and Telecom, and Diversified Industries
verticals in addition to treasury management and commercial real
estate team members. Yurosek joined Fifth Third in December 2017 as
California market president and Fifth Third recently opened offices
in El Segundo and Newport Beach.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio and the indirect parent company
of Fifth Third Bank, an Ohio-chartered bank. As of June 30, 2019,
Fifth Third had $169 billion in assets and operated 1,207
full-service Banking Centers and 2,551 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 approximately
53,000 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 June 30, 2019, had
$399 billion in assets under care, of which it managed $46 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. Deposit and Credit products are
offered by Fifth Third Bank. Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20190904005780/en/
Shandi Huber (Media) Shandi.huber@53.com | 513-534-8894
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