Associated Announces Annual Meeting Results and Dividends
Associated Banc-Corp (NYSE:ASB) held its 2022 Annual Meeting of Shareholders, re-electing key directors, including Andrew J. Harmening as CEO.
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Rhea-AI Summary
Associated Banc-Corp (NYSE:ASB) held its 2022 Annual Meeting of Shareholders, re-electing key directors, including Andrew J. Harmening as CEO. Shareholders approved executive officer compensation and ratified KPMG LLP as the accounting firm for 2022. The Board declared a regular quarterly cash dividend of $0.20 per common share, payable on June 15, 2022, with a record date of June 1, 2022. Additionally, dividends of $0.3671875 and $0.3515625 were declared for Series E and Series F Preferred Stocks, respectively, also payable on June 15, 2022.
Positive
- Quarterly cash dividend of $0.20 per common share enhances shareholder value.
- Shareholder approval of executive compensation indicates confidence in management.
Negative
- None.
Details
News Market Reaction – ASB
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GREEN BAY, Wis., April 26, 2022 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) ("Associated") today announced the results of the actions taken at its 2022 Annual Meeting of Shareholders.
The following directors were re-elected:
- John (Jay) B. Williams, chairman, Associated Banc-Corp, and chairman, Church Mutual Insurance Company
- Andrew J. Harmening, president and chief executive officer, Associated Banc-Corp
- R. Jay Gerken, director of 17 mutual funds associated with Sanford C. Bernstein Fund, Inc.
- Judith P. Greffin, former chief investment officer, Allstate Corporation
- Michael J. Haddad, chair of the board of directors, Schreiber Foods, Inc.
- Robert A. Jeffe, senior operating partner, BlackWatch
- Eileen A. Kamerick, adjunct professor of law and consultant
- Gale E. Klappa, executive chairman, WEC Energy Group
- Cory L. Nettles, founder and managing director, Generation Growth Capital, Inc.
- Karen T. van Lith, founder and CEO of APEL Worldwide, LLC
Shareholders also (1) gave advisory approval to named executive officer compensation, and (2) ratified the selection of KPMG LLP as Associated's independent accounting firm for 2022.
The Associated Board of Directors declared a regular quarterly cash dividend of
The Board of Directors also declared a regular quarterly cash dividend of
The Board of Directors also declared a regular quarterly cash dividend of
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
FORWARD LOOKING STATEMENTS
Statements made in this document which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management's plans, objectives, or goals for future operations, products or services, and forecasts of its revenues, earnings, or other measures of performance. Such forward-looking statements may be identified by the use of words such as "believe," "expect," "anticipate," "plan," "estimate," "should," "will," "intend," "target," "outlook," "project," "guidance," or similar expressions. Forward-looking statements are based on current management 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 which may cause actual results to differ materially from those contained in such forward-looking statements include those identified in the Company's most recent Form 10-K and subsequent SEC filings. Such factors are incorporated herein by reference.
Investor Contact:
Ben McCarville, Vice President, Director of Investor Relations
920-491-7059
Media Contact:
Jennifer Kaminski, Vice President, Public Relations Senior Manager
920-491-7576
View original content:https://www.prnewswire.com/news-releases/associated-announces-annual-meeting-results-and-dividends-301533600.html
SOURCE Associated Banc-Corp
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