Fifth Third Strengthens Leadership Team with Key Commercial Banking Promotion

Rhea-AI Filing Summary

Fifth Third Bancorp (NASDAQ: FITB) has announced a key executive appointment in an 8-K filing. Kevin Lavender has been promoted to Vice Chairman, Commercial Bank, with the role becoming effective July 14, 2025. Lavender brings significant experience to this position, having previously served as Executive Vice President and Head of Commercial Bank since January 2020.

The filing includes details about the company's registered securities, including:

• Common Stock (FITB)
• Depositary Shares representing 1/1000th ownership in 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (FITBI)
• Depositary Shares representing 1/40th ownership in 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A (FITBP)
• Depositary Shares representing 1/1000th ownership in 4.95% Non-Cumulative Perpetual Preferred Stock, Series K (FITBO)

The document was signed by Timothy N. Spence, President and Chief Executive Officer.

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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): June 25, 2025

Fifth Third Bancorp

(Exact name of registrant as specified in its charter)

Ohio

001-33653

31-0854434

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

Fifth Third Center

38 Fountain Square Plaza

,

Cincinnati

,

Ohio

45263

(Address of Principal Executive Offices)

(Zip Code)

(800) 972-3030

(Registrant's telephone number, including area code)

Not Applicable

(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, Without Par Value

FITB

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/1000th Ownership Interest in a Share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I

FITBI

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/40th Ownership Interest in a Share of 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A

FITBP

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/1000th Ownership Interest in a Share of 4.95% Non-Cumulative Perpetual Preferred Stock, Series K

FITBO

The

NASDAQ

Stock Market LLC

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

(b) On June 25, 2025, Fifth Third Bancorp named Kevin Lavender Vice Chairman, Commercial Bank, effective July 14, 2025. Mr. Lavender had served as Executive Vice President and Head of Commercial Bank since January 2020.

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.

FIFTH THIRD BANCORP

(Registrant)

Date: June 25, 2025 By: /s/ TIMOTHY N. SPENCE

Timothy N. Spence

President and Chief Executive Officer

FAQ

Who is Kevin Lavender and what is his new position at FITB?

Kevin Lavender has been appointed as Vice Chairman, Commercial Bank at Fifth Third Bancorp (FITB), effective July 14, 2025. Prior to this promotion, he served as Executive Vice President and Head of Commercial Bank since January 2020.

When did FITB announce the appointment of its new Vice Chairman, Commercial Bank?

Fifth Third Bancorp (FITB) announced the appointment of Kevin Lavender as Vice Chairman, Commercial Bank on June 25, 2025, through an 8-K filing with the SEC.

What was Kevin Lavender's previous role at FITB before becoming Vice Chairman?

Before his appointment as Vice Chairman, Commercial Bank, Kevin Lavender served as Executive Vice President and Head of Commercial Bank at Fifth Third Bancorp (FITB) since January 2020.

Who signed FITB's 8-K filing regarding the executive appointment?

The 8-K filing was signed by Timothy N. Spence, who serves as President and Chief Executive Officer of Fifth Third Bancorp (FITB).

What preferred stock series does FITB currently have listed on NASDAQ?

FITB has three preferred stock series listed on NASDAQ: Series I (6.625% Fixed-to-Floating Rate, trading as FITBI), Series A (6.00% Non-Cumulative Perpetual Class B, trading as FITBP), and Series K (4.95% Non-Cumulative Perpetual, trading as FITBO).