According to an SEC filing, Mike Sharkey has been selected to head the combined national asset-based lending business following the merger of Fifth Third Bank and MB Financial. The filing includes the integration plan, based on a meeting with Lars Anderson, executive vice president and chief operating officer of Fifth Third Bancorp.
The highlights from the filing are:
- Jill York, who currently manages leasing and indirect lending at MB, will head equipment finance and leasing in the combined organization. Indirect lending for recreational vehicles, boats and motorcycles will be under York’s leadership, as she manages this business for MB today.
- Mike Sharkey, who currently oversees asset-based lending at MB, will lead the combined national asset-based lending business.
- Tom Partridge, who currently heads commercial specialty products will focus on leading leveraged finance, asset securitization and dealer floor plan when the merger is completed. Partridge has more than 20 years of experience with Fifth Third, having led in variety of capacities.
“Jill and Mike will report to Greg Schroeck. Both have a strong record of success and broad experience in banking and in leadership. Together with Tom and our other national business heads, they will help extend the trust and value clients place in us for smart, sustainable and customized solutions,” said Anderson.