{"schema_version":"secwatch.filing_event.v1","accession":"0000035527-22-000197","form_type":"8-K","ticker":"FITB","cik":"0000035527","company_name":"FIFTH THIRD BANCORP","filed_at":"2022-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.227380+00:00","generated_at":"2026-06-25T01:01:48.196748+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Timothy N. Spence to become Fifth Third CEO on July 5, 2022; Carmichael becomes Executive Chairman","bullets":["Spence, currently President, succeeds Greg D. Carmichael as CEO effective July 5, 2022.","Carmichael will become Executive Chairman of the Boards of Fifth Third Bancorp and Fifth Third Bank.","Spence elected as Director of both entities effective July 5, 2022.","Base salary increased to $1,000,000; target annual incentive $1.75M; target LTI $5M for 2022.","Granted $3M in long-term equity: 50% Performance Shares, 35% RSUs, 15% SARs."],"urls":{"canonical":"https://secwatch.observer/filing/0000035527-22-000197","json":"https://secwatch.observer/filing/0000035527-22-000197.json","markdown":"https://secwatch.observer/filing/0000035527-22-000197.md","text":"https://secwatch.observer/filing/0000035527-22-000197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/35527/000003552722000197/0000035527-22-000197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/35527/000003552722000197/fitb-20220613.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T01:01:48.196748+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09f99de4e8","claim":"Timothy N. Spence was appointed as Chief Executive Officer at FIFTH THIRD BANCORP.","evidence_excerpt":"Timothy N. Spence will become the new Chief Executive Officer of Fifth Third Bancorp and Fifth Third Bank, National Association effective July 5, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/35527/000003552722000197/0000035527-22-000197-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"61eee82331","claim":"Timothy N. Spence was elected as Director at FIFTH THIRD BANCORP.","evidence_excerpt":"Additionally, on June 13, 2022, Mr. Spence was elected as a Director of Fifth Third Bancorp and Fifth Third Bank, National Association effective July 5, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/35527/000003552722000197/0000035527-22-000197-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"6a05bdb047","claim":"Greg D. Carmichael changed role as Executive Chairman at FIFTH THIRD BANCORP.","evidence_excerpt":"Upon his retirement as Chief Executive Officer effective July 5, 2022, Mr. Carmichael will become the Executive Chairman of the Boards of Directors of Fifth Third Bancorp and Fifth Third Bank, National Association.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/35527/000003552722000197/0000035527-22-000197-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired as CEO and became"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}