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Fifth Third Bancorp logoFifth Third Bancorp FITB

Fifth Third said its board appointed Jeffrey A. Lopper as Senior Vice President and Chief Accounting Officer on August 2, 2024, effective October 6, 2024.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Fifth Third said its board appointed Jeffrey A. Lopper as Senior Vice President and Chief Accounting Officer on August 2, 2024, effective October 6, 2024.

  2. Fifth Third said Lopper will serve as the company's principal accounting officer in his role as Chief Accounting Officer.

  3. The company said the Human Capital and Compensation Committee approved new compensation for Mr. Lopper on September 12, 2024 in connection with his promotion, and his base salary will increase to $325,000 effective October 6, 2024.

  4. The company said his target variable compensation (annual incentive) award for 2024 is $195,000 assuming on-plan performance, and his target long-term equity incentive award is $250,000, to be awarded in 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Fifth Third Bancorp Appoints Jeffrey A. Lopper as Chief Accounting Officer

Fifth Third said its board appointed Jeffrey A. Lopper as Senior Vice President and Chief Accounting Officer on August 2, 2024, effective October 6, 2024.

Source · Based on the filing body and exhibits

Lopper's Role: Principal Accounting Officer

Fifth Third said Lopper will serve as the company's principal accounting officer in his role as Chief Accounting Officer.

Source · Based on the filing body and exhibits

New Compensation Approved: Base Salary $325,000

The company said the Human Capital and Compensation Committee approved new compensation for Mr. Lopper on September 12, 2024 in connection with his promotion, and his base salary will increase to $325,000 effective October 6, 2024.

Source · Based on the filing body and exhibits

2024 Target Variable and Long-Term Equity Compensation

The company said his target variable compensation (annual incentive) award for 2024 is $195,000 assuming on-plan performance, and his target long-term equity incentive award is $250,000, to be awarded in 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.