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Timothy N. Spence

President and Chief Executive Officer at FITB
Since 2020
Age
46 years
Tenure
Joined FITB in September 2015 and has served in multiple leadership roles, including Chief Strategy Officer, Head of Payments, Strategy, and Digital Solutions, Executive Vice President and Head of Consumer Bank, Payments, and Strategy, President, and Chief Executive Officer.

Also at FITB

BDP
Bryan D. Preston
Executive Vice President and Chief Financial Officer
JAS
Jude A. Schramm
Executive Vice President and Chief Information Officer
KPL
Kevin P. Lavender
Executive Vice President and Head of Commercial Bank

About

Timothy N. Spence is a dynamic leader celebrated for his strategic vision and commitment to digital transformation in the financial services industry. Over the years, he has built a reputation for effectively steering initiatives that integrate innovative technology with sound business strategies, marking significant progress at the firm.

Since joining in September 2015, he quickly assumed progressively responsible roles—from Chief Strategy Officer to key positions in payments and consumer banking—culminating in his current leadership as President and Chief Executive Officer. His career is characterized by a blend of tactical decision making and broad strategic oversight which has helped shape the modern face of the organization.

Beyond these roles, his early experience as a Senior Partner in a global consulting firm further honed his expertise, enriching his approach to addressing today’s dynamic market challenges. His journey reflects profound contributions to both strategic planning and digital enhancements, reinforcing his status as a pivotal force in the company’s evolution.

$FITB Performance Under Timothy N. Spence

Past Roles

OrganizationRoleDate RangeDetails
Fifth Third BancorpExecutive Vice President and Head of Consumer Bank, Payments, and Strategy 2018–2020 N/A
Fifth Third BancorpChief Strategy Officer 2015–2020 N/A
Fifth Third BancorpHead of Payments, Strategy, and Digital Solutions 2017–2018 N/A
Oliver WymanSenior Partner N/A N/A