CEO and president will now lead Equipment Finance Services
LOUISVILLE, Ky. (July 6, 2015) — Fifth Third Bancorp today announced that Tom Partridge will make the switch from CEO and president to lead of Equipment Finance Services, the commercial leasing arm of Fifth Third.
Michael Ash, market president in Lexington, was named president and CEO. Mark Boison, the commercial middle market team leader in Lexington, will replace Ash.
“All three of these appointments reflect the significant bench strength at Fifth Third,” said Greg D. Carmichael, president and chief operating officer of Fifth Third Bancorp. “Our talent development discipline gives us confidence to make management changes, both in our lines of business and within our marketplaces that will produce successful business results.”
Prior to his role in Louisville leading the Kentucky affiliate, which holds $2.5 billion in assets, Partridge served as market president in Northeastern Ohio, based in Cleveland. He also had served as executive vice president and manager of Commercial Banking there. Before his move to Cleveland, he managed the Middle Market and Commercial Real Estate Group for Fifth Third Bank (Cincinnati). He received his bachelor’s degree from Xavier University and his master’s degree from Indiana University.
Ash has 24 years of banking industry experience, more than 12 with Fifth Third. Prior to his move to Kentucky, he served for seven years as the business banking executive for Fifth Third in Central Indiana. Ash holds a bachelor’s degree from Indiana University and a master’s degree from Butler University.
Boison joined Fifth Third in 2011. He has more than 35 years of banking experience, and prior to Fifth Third, was president of Forcht Bank and a regional manager at JPMorgan Chase. He holds a bachelor’s degree from Miami University and graduated from the Wharton School of Business Executive Leadership program.
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