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Associated Banc Corp reported $2.2B in revenue and $474.8M in net income for fiscal 2025. See the full ASB financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Angela M.W. Kelley to join Associated Bank as General Counsel

Associated Banc-Corp (ASB) announced that Angela M.W.

(Very Positive)
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Associated Banc-Corp (ASB) announced that Angela M.W. Kelley, 45, will become executive vice president, general counsel and corporate secretary, succeeding retiring incumbent Randall J. Erickson, 67, effective October 13, 2026.

Erickson, who has held the role for more than 14 years, will remain in an advisory capacity through the end of 2026 to support a smooth transition. Kelley brings about 20 years of experience in corporate law, business strategy and executive management, including serving as CEO of Diversity Lab/Talent Multipliers since 2025 and previous senior roles at Heartland Financial USA, PacWest Bancorp and NBT Bancorp. She will be based in Milwaukee and report directly to president and CEO Andy Harmening.

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Positive

  • Orderly general counsel succession with effective date October 13, 2026
  • Outgoing general counsel remains as adviser through end of 2026
  • Incoming general counsel brings 20 years of legal and executive experience
  • Prior senior roles at multiple banking organizations indicate broad industry background

Negative

  • Long-serving general counsel retiring after more than 14 years in the role

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Kelley succeeds Randall J. Erickson who is retiring in a planned leadership succession

GREEN BAY, Wis., Sept. 2, 2026 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that Angela M.W. Kelley, 45, will succeed Randall J. Erickson, 67, who is retiring as executive vice president, general counsel and corporate secretary effective October 13, 2026.  Erickson will remain in an advisory capacity through the end of 2026 to ensure a successful transition of his duties.

Angela M.W. Kelley

Kelley brings 20 years of corporate law, business strategy and executive management experience, most recently serving as chief executive officer of Diversity Lab/Talent Multipliers since 2025. Prior to that, she served as executive vice president, Director of Wealth Management at Heartland Financial USA, Inc. from 2024 until its acquisition by UMB Financial Corporation in 2025. Kelley previously served as general counsel at PacWest Bancorp from 2021 to 2023 and at NBT Bancorp Inc. from 2019 to 2021.

Kelley will be based in Milwaukee and report directly to Associated President and CEO Andy Harmening.

"Angela brings a wealth of both legal and business experience to the role," said Harmening. "With her experience in leading governance and transformation efforts that drive business results, we expect she will fit perfectly in our growth and performance culture."

Erickson retires from Associated after more than 14 years as executive vice president, general counsel and corporate secretary.

As Associated's top legal advisor, he has been a trusted partner providing strategic counsel, guidance and a practical perspective on key business decisions. In addition to building a top-notch legal team, Erickson's advice and expertise have been key in M&A and corporate finance transactions, and in navigating the regulatory and corporate governance environment.

"It has been a privilege to work with Andy, the executive leadership team, the board of directors,  the legal team, and all of the Associated colleagues for these many years," said Erickson. "I am leaving them in good hands with Angela."

"I want to thank Randy for his contributions to Associated and for his advice and counsel. We wish him a long and happy retirement," Harmening said.

ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $52 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri and Nebraska. The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

Investor Contact:
Ben McCarville, Senior Vice President, Director of Investor Relations
920-491-7059

Media Contact:
Andrea Kozek, Vice President, Public Relations Senior Manager
920-491-7518

Randall J. Erickson

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/angela-mw-kelley-to-join-associated-bank-as-general-counsel-302867688.html

SOURCE Associated Banc-Corp

FAQ

Who is becoming general counsel of Associated Banc-Corp (ASB)?

Angela M.W. Kelley is becoming executive vice president, general counsel and corporate secretary of Associated Banc-Corp. She brings about 20 years of corporate law, business strategy and executive management experience from roles across several financial and professional services organizations.

When will Angela M.W. Kelley assume the general counsel role at ASB?

Angela M.W. Kelley will succeed Randall J. Erickson as executive vice president, general counsel and corporate secretary effective October 13, 2026. Erickson will then continue in an advisory capacity through the end of 2026 to help ensure a smooth transition of his duties.

Who is Angela M.W. Kelley, the new general counsel of ASB?

Angela M.W. Kelley is a legal and business executive with about 20 years of experience. She most recently served as CEO of Diversity Lab/Talent Multipliers and previously held senior roles at Heartland Financial USA, PacWest Bancorp and NBT Bancorp. She will be based in Milwaukee.

What is happening with Associated Banc-Corp’s current general counsel, Randall J. Erickson (ASB)?

Current general counsel Randall J. Erickson, 67, is retiring as executive vice president, general counsel and corporate secretary effective October 13, 2026. He will remain in an advisory role through year-end 2026 after more than 14 years in the position.

To whom will new general counsel Angela M.W. Kelley report at Associated Banc-Corp (ASB)?

Angela M.W. Kelley will report directly to Andy Harmening, president and CEO of Associated Banc-Corp. She will be based in Milwaukee as she assumes the role of executive vice president, general counsel and corporate secretary.