Associated Banc-Corp announces – GuruFocus.com
Derek Meyer will join Associated on August 1st as CFO
Bryan Carson will join Associated on July 18e as Product and Marketing Director
GREEN BAY, Wis., June 15, 2022 /PRNewswire/ — Associated Banc-Corp (NYSE:ASB) (“Associated”) today announced two key appointments to its leadership team. Derek Meyer55, will join Associated as the company’s next chief financial officer, effective August 1, 2022. He will succeed Christopher J. Del Moral-Niles, who announced his planned retirement from Associated earlier this year. In addition, Bryan Carson52 years old, will assume the functions of Chief Product and Marketing Officer from July 18, 2022.
Andrew HarmoningChairman and Chief Executive Officer, said, “Today’s appointments are important steps in supporting our current growth strategy and will move Associated forward on the path to value creation. The addition of Derek and Bryan to our team will further strengthen our ability to generate deposits and create liquidity, while helping us execute our multi-year digital transformation. »
Meyer brings over 30 years of banking industry experience, including 21 years in finance and 12 years in retail and commercial roles. Most recently, he served as Treasurer of Huntington Bank. During his 22-year tenure at Huntington, Meyer held a variety of leadership positions and was responsible for critical finance functions including treasury, financial planning and analysis, stress testing, merger due diligence and acquisitions, regulatory issues and the implementation of processes and controls. He was also instrumental in driving the bank’s financial strategy, increasing revenue and positively impacting margins.
Harmening said, “Derek is a strategic finance leader with strong business acumen and a passion for building teams. His superior record of achievement in finance functions and deep understanding of the banking industry will be invaluable to our organization.
“I am honored to be named Chief Financial Officer at a time of significant opportunity for Associated,” Meyer said. “I look forward to working with Andy, the management team and the bank’s talented finance team to help the company execute its strategic and financial priorities focused on value-added growth, investments and commitments to all parties. stakeholders.”
Product and Marketing
Carson brings 30 years of experience in marketing, product development, pricing, analytics and distribution within the financial services industry. Most recently, he served as Senior Vice President of Deposit Products, Customer Segmentation, and Branch and ATM Distribution at Huntington Bank. Previously, he was the bank’s chief marketing officer and senior vice president of deposit products and pricing. Carson has also held senior positions at JPMorgan Chase as Chief Marketing Officer and at MBNA Corporation as Head of Marketing, Product and Analytics.
Harmening continued, “Bryan will lead our product development, marketing, customer experience and information teams. His leadership and oversight of the company’s commercial, consumer and digital product strategies will help drive our digital transformation initiatives, identifying new avenues for deposit and liquidity generation. . We are confident that it will help us deploy innovative solutions and deliver a top-notch service experience to our customers. »
“I’m thrilled to join Associated, a leading financial brand in Midwestern markets and beyond, with an innovative platform and an incredible customer service culture,” said Carson. “I look forward to working with the team to drive product and marketing programs to support the company’s growth and evolution into a digital-first banking leader.”
ABOUT THE ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE:ASB) has total assets of $35 billion and is from Wisconsin largest bank holding company. Based at Green Bay, WisconsinAssociated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 200 banking locations serving more than 100 communities across Wisconsin, Illinois and Minnesotaand loan production offices Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, NA is an Equal Housing Lender, Equal Opportunity Lender, and Member of the FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
Statements made in this press release that are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statement regarding management’s plans, objectives or goals for the operations , future products or services, and forecasts of its revenue, earnings, or other performance measures. These forward-looking statements can be identified by the use of words such as “believe”, “expect”, “anticipate”, “plan”, “estimate”, “should”, “shall”, “intend”. ”, “target”, “perspectives”, “project”, “directions” or similar expressions. Forward-looking statements are based on management’s current expectations and, by their nature, are subject to risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. Factors that could cause actual results to differ materially from those contained in these forward-looking statements include those identified in the company’s most recent Form 10-K and subsequent filings with the SEC. Such factors are incorporated herein by reference.
Media Contact: Jennifer Kaminsky
Vice President | Senior Public Relations Manager
920-491-7576 | [email protected]
Investor Contact: Ben McCarville
Vice President | Investor Relations Director
920-491-7059 | [email protected]
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SOURCE Associated Banc-Corp