Fifth Third Bancorp Names Laurent Desmangles, Kathleen Rogers to Board of Directors
August 21 2023 - 4:00PM
Business Wire
New members bring expertise in financial
management, treasury, innovation, fintech
Fifth Third Bancorp (Nasdaq: FITB) today announced the
appointment of Laurent Desmangles and Kathleen Rogers as
independent directors of Fifth Third Bancorp, effective
immediately.
“We’re fortunate to have Laurent Desmangles and Kathleen Rogers
joining our Board of Directors,” said Fifth Third Bancorp President
and CEO Tim Spence. “Laurent brings global perspective and
experience serving organizations as they chart growth strategy and
execute large scale transformation.”
“Kathy’s wide-ranging career in banking and extensive financial
management experience are invaluable. We welcome her leadership in
service to the community, higher education and promoting growth for
at-risk populations,” Spence added.
Desmangles is a retired senior partner and managing director at
Boston Consulting. He brings broad knowledge of the financial
services industry, regional banking and the fintech sector to Fifth
Third. He will provide additional expertise in corporate strategy,
digital and analytics innovation and change management.
“I’m thrilled to join the Fifth Third Board,” said Desmangles.
“Fifth Third is known for its history of innovation and digital
transformation. I’m eager to guide the Bank as it continues to
deliver inventive options to its customers and their communities,”
Desmangles will serve on the Technology, Nominating and Corporate
Governance and Risk and Compliance committees.
Rogers retired from U.S. Bancorp after a 35-year career. She was
an executive vice president, most recently serving as chief finance
administration officer and previously as chief financial officer.
She has extensive knowledge in public company financial management,
including fiscal risk management, treasury actions, accounting
policy and reporting, corporate development activities and
strategic investments.
“I’m delighted to join the Fifth Third Board,” said Rogers. “The
Bank is focused on consistently performing in the top quartile
among its peers. I’m excited about being part of this disciplined
and focused team.” Rogers will serve on the Board’s Audit, Human
Capital and Compensation and Risk and Compliance committees.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association, is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank, and its common stock is traded on the NASDAQ®
Global Select Market under the symbol “FITB.” Investor information
and news releases can be viewed at www.53.com. Deposit and credit
products provided by Fifth Third Bank, National Association. Member
FDIC.
Category: Management
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version on businesswire.com: https://www.businesswire.com/news/home/20230821593218/en/
Adrienne Gutbier (Media Relations) adrienne.gutbier@53.com |
513-534-8038 Chris Doll (Investor Relations)
Christopher.Doll@53.com | 513-534-2345
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