York to Lead Combined Fifth Third, MB Equipment Finance Business

According to a Securities and Exchange Commission filing, Fifth Third Bancorp provided an organizational update on the planned merger between Fifth Third and MB Financial. The filing covers a meeting which was held in July in which Lars Anderson, executive vice president and chief operating officer of Fifth Third Bancorp provided insights into the integration plan for “who will lead the new Chicago organization.”

The following highlights and Lars Anderson commentary were excerpted from the filing:

  • “Jill York, who currently manages leasing and indirect lending at MB, will head equipment finance and leasing in our combined organization. Indirect lending for recreational vehicles, bots and motorcycles will be under Jill’s leadership, as she manages this business for MB today.”
  • “Mike Sharkey, who currently oversees asset-based lending at MB, will lead our combined national asset-based lending business.”
  • “Tom Partridge, who currently heads commercial specialty products will focus on leading leveraged finance, asset securitization and dealer floor plan when the merger is completed. Tom has more than 20 years of experience with us, having led in variety of capacities. Being dedicated to these specialty areas will enable him to expand his expertise in these very complex service areas.”
  • “Jill and Mike will report to Greg Schroeck. Both have a strong record of success and broad experience in banking and in leadership. Together with Tom and our other national business heads, they will help extend the trust and value clients place in us for smart, sustainable and customized solutions.”

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