Fifth Third Announces Three New Members to its Board of Directors

Core Viewpoint - Fifth Third Bancorp has announced the appointment of three new members to its Board of Directors, effective February 1, 2026, which will enhance the board's leadership and industry experience [1][5]. Group 1: New Board Members - Derek J. Kerr brings nearly four decades of experience in accounting, finance, and corporate governance, particularly in the aviation industry, having served as Vice Chair of American Airlines Group and President of American Eagle [2]. - Barbara R. Smith has significant executive leadership experience, having served as Chairman, President, and CEO of Commercial Metals Company from 2017 until her retirement in 2023, and she will contribute her financial expertise to the board [3]. - Michael G. Van de Ven has a strong background in operations and risk management, previously serving as President and COO of Southwest Airlines, and will bring his extensive experience in financial planning and accounting to the board [4]. Group 2: Board Structure - With the addition of the three new directors, the total number of directors on Fifth Third's Board will increase to 16 [5].