# Tim Spence

> Timothy N. Spence is chairman, chief executive officer and president of Fifth Third Bancorp, based in Cincinnati. He joined in 2015 after working in technology businesses and at Oliver Wyman, became CEO in July 2022 and chairman in January 2024, and has led the bank through its 2026 combination with Comerica.

- **Role:** Chairman, Chief Executive Officer and President at Fifth Third Bancorp
- **Organizations:** Fifth Third Bancorp, Fifth Third Bank, Oliver Wyman, Bank Policy Institute, The Clearing House, Ohio Business Roundtable, Cincinnati Business Committee, Xavier University
- **Nationality:** American
- **Education:** Undergraduate studies in English literature and economics; graduated with high honors, Colgate University
- **Known for:** American Banker Digital Banker of the Year, 2018., Advanced from chief strategy officer to CEO within seven years of joining Fifth Third., Led Fifth Third during its merger with Comerica, which closed February 1, 2026.

## Career timeline

- **2001** — Graduated from Colgate University.
- **Before 2006** — Held management roles at two early-stage technology businesses.
- **2006-2015** — Worked at Oliver Wyman, becoming a senior partner in financial services.
- **2015** — Joined Fifth Third as chief strategy officer in September.
- **2018** — Became head of Consumer Bank, Payments and Strategy; named American Banker Digital Banker of the Year.
- **2020** — Named president of Fifth Third Bancorp on October 26.
- **2022** — Succeeded Greg Carmichael as CEO on July 5.
- **2024** — Became chairman on January 2.
- **2026** — Led Fifth Third through the Comerica merger and subsequent technology and brand conversion.

## Achievements

- American Banker Digital Banker of the Year, 2018.
- Advanced from chief strategy officer to CEO within seven years of joining Fifth Third.
- Led Fifth Third during its merger with Comerica, which closed February 1, 2026.

## Latest updates

- **2026-10** — Fifth Third launched Innovation Banking on October 1, combining Comerica’s innovation banking capabilities with Fifth Third’s Newline platform.
- **2026-09** — Fifth Third announced completion of Comerica technology and brand conversion on September 8, covering approximately 600,000 customers’ accounts and 293 banking centers.
- **2026-02** — Fifth Third announced the closed Comerica merger on February 2; the merger took effect February 1.

## Links

- Website: https://www.53.com
- LinkedIn: https://www.linkedin.com/in/timothyspence

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Profile page: https://yespress.io/tim-spence
Published by YesPress — https://yespress.io
Last updated: 2026-10-21