GREEN
BAY, Wis., April 30, 2024 /PRNewswire/ --
Associated Banc-Corp (NYSE: ASB) ("Associated") today
announced the results of the actions taken at its 2024 Annual
Meeting of Shareholders.
Annual Meeting Results
The following directors were elected:
- John (Jay) B. Williams,
chairman, Associated Banc-Corp, and chairman, Church Mutual
Insurance Company
- Andrew J. Harmening, president
and chief executive officer, Associated Banc-Corp
- R. Jay Gerken, director of 17
mutual funds associated with Sanford C. Bernstein Fund, Inc.
- Judith P. Greffin, former chief
investment officer, Allstate Corporation
- Michael J. Haddad, chair of the
board of directors, Schreiber Foods, Inc.
- Robert A. Jeffe, senior
operating partner, BlackWatch
- Rodney Jones-Tyson, global chief
human resources officer, Robert W. Baird & Co.
Incorporated
- Eileen A. Kamerick, adjunct
professor of law and consultant
- Gale E. Klappa, executive
chairman, WEC Energy Group
- Cory L. Nettles, founder and
managing director, Generation Growth Capital, Inc.
- Karen T. van Lith, founder and CEO of APEL Worldwide, LLC
Shareholders also (1) approved named executive officer
compensation, (2) approved an annual vote on Associated Banc-Corp's
named executive officer compensation, and (3) ratified the
selection of KPMG LLP as Associated's independent accounting firm
for 2024.
Dividends Declared
The Associated Board of Directors declared a regular quarterly
cash dividend of $0.22 per common
share, payable on June 17, 2024, to shareholders of record at
the close of business on June 3,
2024.
The Board of Directors also declared a regular quarterly cash
dividend of $0.3671875 per depositary
share on Associated's 5.875% Series E Perpetual Preferred Stock,
payable on June 17, 2024, to
shareholders of record at the close of business on June 3, 2024.
The Board of Directors also declared a regular quarterly cash
dividend of $0.3515625 per depositary
share on Associated's 5.625% Series F Perpetual Preferred Stock,
payable on June 17, 2024, to
shareholders of record at the close of business on June 3, 2024.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
$41 billion and is the largest bank
holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading
Midwest banking franchise, offering a full range of financial
products and services from nearly 200 banking locations serving
more than 100 communities throughout Wisconsin, Illinois and Minnesota. The Company also operates loan
production offices in Indiana,
Michigan, Missouri, New
York, Ohio and Texas. Associated Bank, N.A. is an Equal
Housing Lender, Equal Opportunity Lender and Member FDIC. More
information about Associated Banc-Corp is available at
www.associatedbank.com.
FORWARD-LOOKING STATEMENTS
Statements made in this document which are not purely historical
are forward-looking statements, as defined in the Private
Securities Litigation Reform Act of 1995. This includes any
statements regarding management's plans, objectives, or goals for
future operations, products or services, and forecasts of its
revenues, earnings, or other measures of performance. Such
forward-looking statements may be identified by the use of words
such as "believe," "expect," "anticipate," "plan," "estimate,"
"should," "will," "intend," "target," "outlook," "project,"
"guidance," or similar expressions. Forward-looking statements are
based on current management expectations and, by their nature, are
subject to risks and uncertainties. Actual results may differ
materially from those contained in the forward-looking
statements. Factors which may cause actual results to differ
materially from those contained in such forward-looking statements
include those identified in the Company's most recent Form 10-K and
subsequent SEC filings. Such factors are incorporated herein
by reference.
Investor Contact:
Ben McCarville, Vice President,
Director of Investor Relations
920-491-7059
Media Contact:
Marilka Vélez, Senior Vice President, Senior Director of
Marketing
920-491-7518
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SOURCE Associated Banc-Corp