Associated Banc-Corp announces retirement of Controller and appointment of Successor
Associated Banc-Corp (NYSE: ASB) announced that Tammy C. Stadler, Executive Vice President, Corporate Controller, and Chief Accounting Officer, will retire effective July 15, 2024.
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Associated Banc-Corp (NYSE: ASB) announced that Tammy C. Stadler, Executive Vice President, Corporate Controller, and Chief Accounting Officer, will retire effective July 15, 2024. Stadler will remain in a consultative role until September 1, 2024, ensuring a smooth transition. Ryan Beld, currently the Assistant Controller, will succeed Stadler. Beld joined Associated in 2020 and has prior experience as a senior financial analyst at Northwestern Mutual and as a CPA with KPMG LLP from 2012-2018. Beld will report to CFO Derek S. Meyer. CEO Andrew Harmening thanked Stadler for her 28-year contribution to Associated.
Positive
- Promotion of Ryan Beld, with significant experience at Northwestern Mutual and KPMG LLP, to Corporate Controller and Chief Accounting Officer.
- Continued involvement of outgoing Controller Tammy C. Stadler until September 1, 2024, ensuring a smooth transition.
Negative
- Retirement of Tammy C. Stadler, a key leadership figure with 28 years at Associated, potentially impacting continuity.
Details
News Market Reaction – ASB
The recorded move for ASB in the trading session of this news was +4.19%.
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Beld, currently the Assistant Controller, joined Associated in 2020. Prior to joining Associated, Beld was a senior financial analyst with Northwestern Mutual. Beld is a CPA and was employed by KPMG LLP from 2012-2018. Beld will report to Chief Financial Officer, Derek S. Meyer. "We are pleased to promote Ryan to Corporate Controller and Chief Accounting Officer," said Meyer. "His experience and ability make him a perfect fit for the position."
Stadler retires after a 28 year career at Associated. Andrew Harmening, President and Chief Executive Officer, said, "On behalf of Associated Bank, I thank Tammy for her contributions over her long and successful career. Tammy has been an instrumental member of our leadership team, and we appreciate her support through the transition to Ryan."
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
FORWARD-LOOKING STATEMENTS
Statements made in this presentation 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," "intend," "target," "outlook," "project," "guidance," "forecast," 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 Form 10-Qs and other SEC filings, and such factors are incorporated herein by reference.
Media Contact: Andrea Kozek
Senior Manager, Public Relations
920-491-7518 | Andrea.Kozek@associatedbank.com
Investor Contact: Ben McCarville
Vice President | Director of Investor Relations
920-491-7059 | Ben.McCarville@AssociatedBank.com
View original content:https://www.prnewswire.com/news-releases/associated-banc-corp-announces-retirement-of-controller-and-appointment-of-successor-302185722.html
SOURCE Associated Banc-Corp
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