Associated Banc-Corp Appoints New Board Members

By Tamara Parker • Wednesday, December 11 10:16 • Permanent Link

Associated Banc-Corp (NYSE: ASB) has announced the appointment of Kristen M. Ludgate and Owen J. Sullivan to its Board of Directors, effective December 11, 2024.

Ludgate, 62, currently serves as the Chief People Officer at HP Inc. and previously held the position of Chief Human Resources Officer at 3M Company from 2018 to 2021. She will also serve as a member of Associated’s Compensation and Benefits Committee.

Sullivan, 67, served as President and Chief Operating Officer of NCR, a global leader in ATM, point-of-sale, and digital banking, until his retirement in 2023. He will also serve as a member of Associated’s Enterprise Risk Committee.

Associated Banc-Corp, with total assets of $42 billion, is the largest bank holding company based in Wisconsin. It operates nearly 200 banking locations serving over 100 communities throughout Wisconsin, Illinois, and Minnesota.

The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio, and Texas. The market has reacted to these announcements by moving the company's shares 1.7% to a price of $26.43. For the full picture, make sure to review Associated Banc-Corp's 8-K report.

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