Fifth Third Bank 2006 Annual Report Download - page 91

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ANNUAL REPORT ON FORM 10-K
Fifth Third Bancorp 89
Executive Vice President and Chief Credit Officer of Capital
Holding, Inc. prior to its acquisition by Fifth Third Bancorp in
2001.
Christopher G. Marshall, 47. Executive Vice President and
Chief Financial Officer of the Bancorp since May 2006.
Previously, Mr. Marshall was a senior executive for Bank of
America and served in various management capacities since
2001 and prior to that he was Chief Operating Officer and CFO
for Global Business Services of Honeywell International and
CFO for AlliedSignal Technology Services Corporation.
Daniel T. Poston, 48. Executive Vice President of the Bancorp
since June 2003 and Auditor of the Bancorp and Fifth Third
Bank since October 2001. Senior Vice President of the
Bancorp and Fifth Third Bank since January 2002. Previously,
Mr. Poston was a partner at Arthur Andersen since 1994.
Paul L. Reynolds, 45. Executive Vice President, Secretary and
General Counsel of the Bancorp since September 1999, January
2002 and January 2002, respectively. Previously, Mr. Reynolds
was Senior Vice President of the Bancorp and Fifth Third Bank
since March 1997. Assistant Secretary of the Bancorp since
March 1995, General Counsel and Assistant Secretary of Fifth
Third Bank since January 1995.
Mahesh Sankaran, 44. Senior Vice President and Treasurer
of the Bancorp since June 2006. Previously, Mr. Sankaran was
treasurer for Huntington Bancshares Incorporated since
February 2005. Prior to that Mr. Sankaran was Treasurer for
Compass Bankshares, Inc.
Robert A. Sullivan, 52. Senior Executive Vice President of the
Bancorp since December 2002. Previously, Mr. Sullivan was
President and CEO of Fifth Third Bank (Northwestern Ohio)
since March 9, 2001 and President and Chief Operating Officer
of Capital Holding, Inc. prior to its acquisition by Fifth Third
Bancorp effective March 9, 2001. Mr. Sullivan was Co-
Founder, President and Chief Operating Officer of Capital
Holding, Inc. since 1989.
Carlos Winston Wilkinson, 44. Executive Vice President of
the Bancorp since April 2006. Previously, Mr. Wilkinson was a
Retail Executive for Wachovia Mortgage Corporation.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
The information required by this item is included in the
Corporate Information found on the inside of the back cover
and in the discussion of dividend limitations that the
subsidiaries can pay to the Bancorp discussed in Note 26 of the
Notes to the Consolidated Financial Statements. Additionally,
as of December 31, 2006, the Bancorp had approximately
57,411 shareholders of record.
Issuer Purchases of Equity Securities
Period
Shares
Purchased
(a)
Average
Price
Paid Per
Share
Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs
Maximum
Shares that
May Be
Purchased
Under the
Plans or
Programs
(b)
October 2006 12,593 $38.42 - 17,846,953
November 2006 2,074,538 39.71 2,039,908 15,807,045
December 2006 19,098 39.34 - 15,807,045
Total 2,106,229 $39.70 2,039,908 15,807,045
(a) The Bancorp repurchased 12,593, 34,630 and 19,098 shares during
October, November and December of 2006 in connection with various
employee compensation and incentive plans of the Bancorp. These
purchases are not included against the maximum number of shares that may
yet be purchased under the Board of Directors authorization.
(b) On January 18, 2005, the Bancorp announced that its Board of Directors
had authorized management to purchase up to 20 million shares of the
Bancorp’s common stock through the open market or any private
transaction. The timing of the purchases and the exact number of shares to
be purchased depends upon market conditions. The authorization does not
include specific price targets or an expiration date.