GREEN
BAY, Wis., April 29, 2025 /PRNewswire/ --
Associated Banc-Corp (NYSE:ASB) ("Associated") today announced
the results of the actions taken at its 2025 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 90 mutual funds associated with
AllianceBernstein
- 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, Baird Financial Group
- Eileen A. Kamerick, adjunct professor of law and
consultant
- Gale E. Klappa, executive chairman, WEC Energy Group
- Kristen M. Ludgate, strategic advisor at HP Inc.
- Cory L. Nettles, founder and
managing director, Generation Growth Capital, Inc.
- Owen J. Sullivan, former
president and chief operating officer of the former NCR
Corporation
- Karen T. van Lith, founder and CEO of APEL Worldwide,
LLC
Shareholders also (1) approved the Associated Banc-Corp 2025
Equity Incentive Plan, (2) approved named executive officer
compensation, and (3) ratified the selection of KPMG LLP as
Associated's independent accounting firm for 2025.
Dividends Declared
The Associated Board of Directors declared a regular quarterly
cash dividend of $0.23 per common
share, payable on June 16, 2025, to shareholders of record at
the close of business on June 2,
2025.
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 16, 2025, to
shareholders of record at the close of business on June 2, 2025.
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 16, 2025, to
shareholders of record at the close of business on June 2, 2025.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
$43 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, Minnesota and Missouri. The Company also operates loan
production offices in Indiana,
Kansas, Michigan, 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 release 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," "intend," "target," "outlook," "project," "guidance,"
"forecast," 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
Form 10-Qs and other SEC filings, and such factors are incorporated
herein by reference.
Investor Contact:
Ben McCarville, Senior Vice
President, Director of Investor Relations
920-491-7059
Media Contact:
Andrea Kozek, Vice President, Public
Relations Senior Manager
920-491-7518
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SOURCE Associated Banc-Corp