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Associated Banc-Corp names new general counsel for 2026

Randall J. Erickson will retire Oct. 13, 2026, and Angela M.W. Kelley will assume General Counsel duties then.

(Very High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Associated Banc-Corp (ASB) reported a planned leadership succession in its top legal role. Executive Vice President, General Counsel and Corporate Secretary Randall J. Erickson, age 67, will retire from his position effective October 13, 2026, after more than 14 years in the role, and will remain in an advisory capacity through the end of 2026 to support the transition.

The company appointed Angela M.W. Kelley, age 45, to succeed him as Executive Vice President, General Counsel and Corporate Secretary, effective upon his retirement. Kelley has 20 years of corporate law, business strategy and executive management experience, including prior general counsel roles at PacWest Bancorp and NBT Bancorp Inc. Associated Banc-Corp highlighted its scale with $52 billion of total assets and a network of over 200 banking locations across several Midwestern states.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Retirement effective date October 13, 2026 Date Randall J. Erickson retires as EVP, General Counsel and Corporate Secretary
Advisory period end December 31, 2026 Erickson remains in an advisory capacity through the end of 2026
Randall J. Erickson age 67 years Age of retiring Executive Vice President, General Counsel and Corporate Secretary
Angela M.W. Kelley age 45 years Age of incoming Executive Vice President, General Counsel and Corporate Secretary
Total assets $52 billion Total assets of Associated Banc-Corp as described in the company overview
Banking locations Over 200 locations Number of banking locations throughout several Midwestern states
Preferred stock rate Series E 5.875% Dividend rate on Non-Cumulative Perpetual Preferred Stock, Series E represented by depositary shares
Preferred stock rate Series F 5.625% Dividend rate on Non-Cumulative Perpetual Preferred Stock, Series F represented by depositary shares
Non-Cum. Perp Pref Stock financial
"Depositary Shrs, each representing 1/40th intrst in a shr of 5.875% Non-Cum. Perp Pref Stock, Srs E"
Fixed-Rate Reset Subordinated Notes financial
"6.625% Fixed-Rate Reset Subordinated Notes due 2033"
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Cover Page Interactive Data File the cover page XBRL tags are embedded within the Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
depositary shares financial
"Depositary Shrs, each representing 1/40th intrst in a shr of 5.875% Non-Cum. Perp Pref Stock"
Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

FAQ

What executive leadership change did ASB announce on September 2, 2026?

Associated Banc-Corp announced that Randall J. Erickson will retire as executive vice president, general counsel and corporate secretary effective October 13, 2026, after more than 14 years in the role, and will remain in an advisory capacity through the end of 2026.

Who will replace the retiring General Counsel at ASB and when is the transition effective?

Angela M.W. Kelley will become Executive Vice President, General Counsel and Corporate Secretary of Associated Banc-Corp, effective upon October 13, 2026, the date of Randall Erickson’s retirement from the position.

What is Angela M.W. Kelley’s background before joining ASB?

Angela M.W. Kelley has 20 years of corporate law and executive experience, most recently serving as CEO of Diversity Lab/Talent Multipliers since 2025. She previously held senior roles at Heartland Financial USA, Inc., and served as general counsel at PacWest Bancorp and NBT Bancorp Inc.

How large is Associated Banc-Corp (ASB) according to this filing?

Associated Banc-Corp reports total assets of $52 billion and describes itself as the largest bank holding company based in Wisconsin, operating from over 200 banking locations across multiple Midwestern states.

On which exchange is ASB common stock listed and what other securities are registered?

ASB common stock is listed on the New York Stock Exchange. The company also has depositary shares for 5.875% Series E and 5.625% Series F non-cumulative perpetual preferred stock and 6.625% Fixed-Rate Reset Subordinated Notes due 2033 registered on the New York Stock Exchange.

Will Randall J. Erickson remain involved with ASB after his retirement date?

Yes. Randall J. Erickson will remain in an advisory capacity through the end of 2026 to help ensure a successful transition of his duties following his retirement as executive vice president, general counsel and corporate secretary.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) September 2, 2026

  

Associated Banc-Corp

(Exact name of registrant as specified in its charter)

 

Wisconsin 001-31343 39-1098068
(State or other jurisdiction of incorporation) (Commission
File Number)
(IRS Employer Identification No.)

 

433 Main Street, Green Bay, Wisconsin 54301
(Address of principal executive offices) (Zip code)

 

Registrants telephone number, including area code (920) 491-7500

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading
Symbol(s)
Name of each exchange on which
registered
Common Stock, par value $0.01 per share ASB The New York Stock Exchange
Depositary Shrs, each representing 1/40th intrst in a shr of 5.875% Non-Cum. Perp Pref Stock, Srs E ASB PrE The New York Stock Exchange
Depositary Shrs, each representing 1/40th intrst in a shr of 5.625% Non-Cum. Perp Pref Stock, Srs FASB PrFThe New York Stock Exchange
6.625% Fixed-Rate Reset Subordinated Notes due 2033ASBAThe New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On September 2, 2026, Associated Banc-Corp (the “Company”) announced that Randall J. Erickson, age 67, Executive Vice President, General Counsel and Corporate Secretary, will retire from his position, effective October 13, 2026, after serving in the role for more than 14 years. Mr. Erickson will remain in an advisory capacity through the end of 2026 to ensure a successful transition of his duties.

 

Item 8.01. Other Events.

 

The Company also announced the appointment of Angela M.W. Kelley, age 45, to serve as Executive Vice President, General Counsel and Corporate Secretary, effective upon the October 13, 2026 retirement of Mr. Erickson from the position.

 

Ms. 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. Ms. Kelley previously served as general counsel at PacWest Bancorp (NASDAQ: PACW) from 2021 to 2023 and at NBT Bancorp Inc. (NASDAQ: NBTB) from 2019 to 2021.

 

A copy of the press release announcing the retirement of Mr. Erickson and the appointment of Ms. Kelley is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)  Exhibits

 

99.1 Press Release dated September 2, 2026
   
104 Cover Page Interactive Data File the cover page XBRL tags are embedded within the Inline XBRL document

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Associated Banc-Corp
  (Registrant)
   
Date: September 2, 2026 By: /s/ Randall J. Erickson
    Randall J. Erickson
    Executive Vice President, General Counsel and Corporate Secretary

 

3

 

 

Exhibit 99.1

 

 

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

 

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

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

 

GREEN BAY, Wis., September 2, 2026 — 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.

 

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 (NASDAQ: PACW) from 2021 to 2023 and at NBT Bancorp Inc. (NASDAQ: NBTB) 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.

 

 

Filing Exhibits & Attachments

5 documents