Cincinnati, Dec 13 — Fifth Third (Nasdaq: FITB) today announced that Thomas H. (Hal) Harvey will retire from its Board of Directors, and Priscilla Almodovar will join the Board, effective January 7, 2026.
“Hal’s expertise and counsel have been invaluable to Fifth Third,” said Tim Spence, chairman, CEO and president of Fifth Third. “His deep knowledge of financial services and corporate governance, combined with his leadership in energy innovation and commitment to ethical business standards, has helped shape our governance practices. We are grateful for his years of service and trusted guidance.”
Almodovar is a seasoned business executive with over 35 years of leadership in complex, regulated organizations. Most recently, she served as President and Chief Executive Officer of Fannie Mae, where she led the $4.1 trillion government-sponsored enterprise through a period of strategic transformation and innovation. Before Fannie Mae, Almodovar was President and CEO of Enterprise Community Partners, a national nonprofit focused on affordable housing, where she launched a $3.5 billion initiative to expand housing opportunities for underserved communities. Earlier in her career, she was a Managing Director at JPMorgan Chase, overseeing two national real estate businesses, and prior to that she led the New York State Housing Finance Agency and State of New York Mortgage Agency, making them the largest issuer of housing bonds in the U.S. during her tenure. Almodovar will serve on the Bancorp’s Nominating and Corporate Governance, and Risk and Compliance Committees.
“We are thrilled to welcome Priscilla to our Board,” Spence continued. “Priscilla brings exceptional leadership experience and a record of collaboration. Her strategic vision and proven ability to navigate complex markets will be invaluable as we continue to deliver innovative solutions for our customers and communities.”
“I’m honored to join Fifth Third’s Board and contribute to its mission of delivering exceptional value to customers, shareholders and communities,” said Almodovar. “I look forward to working with my fellow Directors and Fifth Third’s leadership team to drive growth and innovation across the Bank’s footprint.”