Tim Spence will succeed Greg Carmichael as CEO of Fifth Third Bank following Carmichael’s retirement, which will take effect on July 5. Following his retirement, Carmichael will become executive chairman for the bank.
Fifth Third Bank appointed Michele Mullins the company’s first climate risk officer. The role expands Mullins’ duties as director of enterprise risk governance and business support and reflects the bank’s commitment to environmental sustainability.
Fifth Third Bancorp entered a definitive agreement to acquire Provide, a digital platform for healthcare practices. The transaction adds digital capabilities addressing the lending and banking needs of retail healthcare providers.