The Bank Slate


Fifth Third taps former U.S. Bancorp CFO to join board

Fifth Third Bancorp in Cincinnati has selected a former U.S. Bancorp executive to join its board.

The $207 billion-asset company said in a press release that Kathleen Rogers had joined its board. She recently retired from U.S. Bancorp, where she was chief finance administration officer. Rogers also served as chief financial officer at the Minneapolis company.

Fifth Third also selected Laurent Desmangles to serve as a director. He is a retired senior partner and managing director at Boston Consulting.

“Kathy’s wide-ranging career in banking and extensive financial management experience are invaluable,” Tim Spence, Fifth Third’s president and CEO, said in the release.

“Laurent brings global perspective and experience serving organizations as they chart growth strategy and execute large-scale transformation,” Spence added.

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