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FITB Fifth Third Bancorp

37.64
0.75 (2.03%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Fifth Third Bancorp NASDAQ:FITB NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.75 2.03% 37.64 35.37 37.69 37.77 37.28 37.40 4,007,016 05:00:00

Tom Heiks Promoted to Commercial Middle Market Head

21/12/2017 3:45pm

Business Wire


Fifth Third Bancorp (NASDAQ:FITB)
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Lee Fite Named Market President

Fifth Third Bancorp (NASDAQ: FITB) announced today that Tom Heiks, president of North Carolina – which includes the Bank’s Virginia and South Carolina employees – has been named head of Commercial Middle Market banking. In addition to his new duties, he will continue to lead the Bank as a regional president, reporting to Lars Anderson, chief operating officer.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171221005650/en/

Tom Heiks, president of North Carolina for Fifth Third Bank, named head of Commercial Middle Market banking. (Photo: Business Wire)

"I am pleased to announce Tom's expansion of responsibilities," said Anderson. “He has consistently demonstrated his commitment to helping our commercial customers grow their businesses.”

Heiks has been with Fifth Third for over 25 years and has had multiple commercial banking roles in North Carolina and Michigan. He has been responsible for all aspects of client management as well as for developing and directing commercial banking, corporate treasury management and professional services banking.

“I am excited to take on this expanded role,” said Heiks. “I have a longstanding passion for helping customers capitalize on their business goals, and look forward to expanding that passion across the Bank’s footprint. I am also excited to announce that Lee Fite has been named market president.”

Fite, a lifelong native of the Carolinas, currently serves as a senior commercial banker. In his new role, he will continue to be responsible for the Carolinas Commercial banking teams reporting to Heiks. Fite will also lead the integration of all commercial capabilities and solutions.

Both will continue to reside in Charlotte, where they are active community members with commitments to numerous boards throughout North Carolina.

Heiks serves on the board of directors of the North Carolina State Chamber and the North Tryon Vision Plan. He is a member of the Charlotte Chamber of Commerce Board of Advisors and is also a campaign chair for the United Way of Central Carolinas.

Fite is a board member of Discovery Place, Charlotte Regional Partners, and Wake Forest University Charlotte MBA program. He has chaired annual campaigns for the Arts and Science Council and the Bank’s United Way program.

About Fifth Third

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of Sept. 30, 2017, the Company had $142 billion in assets and operated 1,155 full-service Banking Centers and 2,465 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to nearly 55,000 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 also has an 8.6 percent interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of Sept. 30, 2017, had $348 billion in assets under care, of which it managed $36 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 BancorpJewanna Gaither, 678-237-4379

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