The estimated Net Worth of Timothy Spence is at least $16.6 Миллион dollars as of 25 July 2024. Mr. Spence owns over 27,842 units of Fifth Third Bancorp stock worth over $10,030,661 and over the last 9 years he sold FITBI stock worth over $3,959,309. In addition, he makes $2,605,600 as President at Fifth Third Bancorp.
Timothy has made over 14 trades of the Fifth Third Bancorp stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 27,842 units of FITBI stock worth $414,011 on 25 July 2024.
The largest trade he's ever made was exercising 27,842 units of Fifth Third Bancorp stock on 25 July 2024 worth over $414,011. On average, Timothy trades about 2,693 units every 41 days since 2015. As of 25 July 2024 he still owns at least 385,350 units of Fifth Third Bancorp stock.
You can see the complete history of Mr. Spence stock trades at the bottom of the page.
Timothy N. Spence serves as President of the Company. Previously, Mr. Spence long has been heralded for his commitment to innovation and has helped the Bank significantly advance its digital transformation. In 2018, American Banker recognized him as Digital Banker of the Year, an award whose past honorees have included forward-thinking leaders from the nation's largest financial institutions. In addition to recognizing his many achievements to date, that award highlighted his customer-centric approach, which has been the hallmark of Spence's banking career. Originally from the Pacific Northwest, Spence and his family make their home in Cincinnati. Spence devotes time to several local community and economic development organizations, including serving on the executive committee of the board at Cintrifuse, a public-private partnership that exists to build a sustainable tech-based economy in Greater Cincinnati, on the advisory board for Miami University's Altman Institute for Entrepreneurship, and as member and co-chair of the commerce committee for the Cincinnati Chamber's RESTART Taskforce. He also serves as a board member for the Consumer Bankers Association.
As the President of Fifth Third Bancorp, the total compensation of Timothy Spence at Fifth Third Bancorp is $2,605,600. There are 4 executives at Fifth Third Bancorp getting paid more, with Gregory Carmichael having the highest compensation of $8,999,240.
Timothy Spence is 41, he's been the President of Fifth Third Bancorp since 2020. There are 33 older and no younger executives at Fifth Third Bancorp. The oldest executive at Fifth Third Bancorp is Jewell Hoover, 71, who is the Independent Director.
Over the last 16 years, insiders at Fifth Third Bancorp have traded over $25,571,962 worth of Fifth Third Bancorp stock and bought 215,163 units worth $3,197,378 . The most active insiders traders include Michael B Mccallister, Greg D Carmichael и Gary R. Heminger. On average, Fifth Third Bancorp executives and independent directors trade stock every 40 days with the average trade being worth of $571,463. The most recent stock trade was executed by Katherine H. Blackburn on 13 March 2020, trading 58,800 units of FITBI stock currently worth $993,720.
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Fifth Third Bancorp executives and other stock owners filed with the SEC include: