8-KLeadership ChangesCorporate ChangesExhibits & Filings

FIFTH THIRD BANCORP 8-K Report, Executive Changes (Sep 21, 2012)

Filed September 21, 2012For Securities:FITBFITBOFITBPFITB-PIFITB-PMFITB-PAFITBIFITB-PK

Summary

This Form 8-K filing from Fifth Third Bancorp (FITB) on September 21, 2012, primarily announces significant changes in executive leadership. Kevin T. Kabat has been appointed to the additional role of Vice Chairman while retaining his position as Chief Executive Officer. Furthermore, Greg D. Carmichael has been appointed as President and Chief Operating Officer. These executive appointments, effective September 18, 2012, signal a strengthening of the company's management team and a potential shift in operational responsibilities and strategic oversight. In conjunction with these executive changes, Fifth Third Bancorp's Board of Directors also amended its Code of Regulations on September 18, 2012. The amendments serve to clarify the specific duties and meeting chairing responsibilities of the Vice Chairman, particularly in relation to the Lead Director and Chairman. These adjustments are designed to provide a clearer governance structure for the Board.

Key Highlights

  • 1Kevin T. Kabat appointed Vice Chairman, retaining CEO role.
  • 2Greg D. Carmichael appointed President and Chief Operating Officer.
  • 3Executive appointments effective September 18, 2012.
  • 4Code of Regulations amended to clarify Vice Chairman's role.
  • 5Lead Director to chair Board meetings in absence of Chairman.
  • 6Vice Chairman to chair Board meetings in absence of both Chairman and Lead Director.
  • 7Press release dated September 21, 2012, details these changes.

Frequently Asked Questions

Fifth Third Bancorp announced that Kevin T. Kabat has been appointed to the additional role of Vice Chairman while continuing as Chief Executive Officer. Additionally, Greg D. Carmichael has been appointed as President and Chief Operating Officer.

These executive appointments were effective on September 18, 2012.

Yes, the Board of Directors amended the Code of Regulations on September 18, 2012. These amendments clarify the title of the Vice Chairman and specify that the Lead Director will chair Board meetings in the Chairman's absence, with the Vice Chairman presiding only in the absence of both the Chairman and the Lead Director.

This Form 8-K report was filed by FIFTH THIRD BANCORP (FITB) on September 21, 2012. The earliest event reported was September 18, 2012.