Associated Bank names Huntington Bank exec as its next CEO
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Andrew Harmening
Green Bay-based Associated Banc-Corp. has named Andrew Harmening as its next president and chief executive officer, filling the role currently held by the retiring Phillip Flynn. Harmening will come to Associated from Ohio-based Huntington Bancshares…
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Andrew Harmening as its next president and chief executive officer, filling the role currently held by
the retiring Phillip Flynn.Harmening will come to Associated from Ohio-based Huntington Bancshares where he is senior executive vice president, consumer and business banking of Huntington Bank.“Andy is a highly regarded banking leader with a track record of driving profitable growth and operational excellence, improving customers’ experience and spearheading innovative digital products,” said Jay Williams, chairman of Associated’s board. With more than 25 years as a consumer, small business and commercial banker, he bri
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TCF-Huntington bank deal promises dual headquarters, but will it work?
Some experts say one location sure to take priority over other
Banks increasingly working on distributed models
Nick Manes/Crain s Detroit Business
TCF Bank s new Detroit headquarters, seen here under construction on Dec 15, is expected to open in 2022.
Location matters in the banking world. Because of that, the principals involved in the proposed acquisition of TCF Financial Corp. of Detroit by Columbus, Ohio-based Huntington Bancshares Inc. are betting that headquarters in both cities is the way to go. Should the deal, announced Sunday night, close as expected in the second quarter of next year, the combined bank would be among the 20 largest in the U.S. with nearly $170 billion in assets.