CINCINNATI--(BUSINESS WIRE)--Nov. 30, 2011--
Fifth Third Bancorp (Nasdaq: FITB) today announced the appointment of
Michael B. McCallister to its Board of Directors.
McCallister is chairman and chief executive officer of Humana Inc. He
was named CEO in 2000 and was appointed chairman of the board in 2010.
McCallister joined Humana in 1974 as a finance specialist working in the
company’s headquarters in Louisville. He has held numerous positions
with progressive responsibilities at Humana for nearly four decades.
“Mike is an accomplished executive who progressed through the ranks of
Humana. Under his leadership Humana was transformed from a hospital
company to one of the health care industry’s leading consumer
companies,” said William Isaac, chairman of the board of Fifth Third
“The Bank’s leadership team welcomes Mike and we are eager to have his
insights and expertise, particularly in the health care arena, which has
been a growing focus for Fifth Third for the past several years,” said
Kevin T. Kabat, president and CEO. Kabat added that McCallister’s
appointment brings the total number of directors of the Bancorp Board to
McCallister has an MBA from Pepperdine University and a bachelor’s
degree from Louisiana Tech University.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $115 billion in
assets and operates 15 affiliates with 1,314 full-service Banking
Centers, including 103 Bank Mart® locations open seven days a week
inside select grocery stores and 2,437 ATMs in Ohio, Kentucky, Indiana,
Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania,
Missouri, Georgia and North Carolina. Fifth Third operates four main
businesses: Commercial Banking, Branch Banking, Consumer Lending, and
Investment Advisors. Fifth Third also has a 49% interest in Vantiv, LLC,
formerly Fifth Third Processing Solutions, LLC. Fifth Third is among the
largest money managers in the Midwest and, as of September 30, 2011, had
$273 billion in assets under care, of which it managed $23 billion for
individuals, corporations and not-for-profit organizations. Investor
information and press
releases can be viewed at www.53.com.
Fifth Third's common stock is traded on the NASDAQ® National Global
Select Market under the symbol "FITB."
Source: Fifth Third Bancorp
Fifth Third Bancorp
Debra DeCourcy, APR, 513-534-4153