Fifth Third CEO propels bank into tech world

Story excerpt provided by Cincinnati Business Courier.

Written by Steve Watkins.

At first blush, Fifth Third Bancorp CEO Greg Carmichael’s tech background seems like an interesting bit of trivia, but banking analysts view it as a huge advantage in an increasingly competitive industry.

“I like the fact he’s not a banker,” Christopher Marinac, analyst and director of research at Atlanta-based FIG Partners, told me. “They have a different fellow in Greg. A lot of bank leaders tend to be followers. He takes a different approach.”

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Originally published November 18, 2016.

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