GREEN
BAY, Wis., April 26, 2022 /PRNewswire/ -- Associated
Banc-Corp (NYSE:ASB) ("Associated") today announced the results of
the actions taken at its 2022 Annual Meeting of Shareholders.
The following directors were re-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
- 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) gave advisory approval to named executive
officer compensation, and (2) ratified the selection of KPMG LLP as
Associated's independent accounting firm for 2022.
The Associated Board of Directors declared a regular quarterly
cash dividend of $0.20 per common
share, payable on June 15, 2022, to shareholders of record at
the close of business on June 1,
2022.
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 15, 2022, to
shareholders of record at the close of business on June 1, 2022.
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 15, 2022, to
shareholders of record at the close of business on June 1, 2022.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
$35 billion and is Wisconsin's largest bank holding
company. Headquartered in Green Bay,
Wisconsin, Associated is a leading Midwest banking
franchise, offering a full range of financial products and services
from more than 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:
Jennifer Kaminski, Vice President, Public
Relations Senior Manager
920-491-7576
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SOURCE Associated Banc-Corp