MILWAUKEE, Oct. 30,
2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB)
("Associated") announced today the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership
Team (ELT), effective November 1,
2024.
Phillip Trier, 46, will be
executive vice president, head of Corporate and Commercial Banking,
reporting directly to President and CEO Andy Harmening. Trier joined the company in
December 2023 to accelerate core
Commercial Middle Market business development across the company's
major metropolitan markets and lead its equipment finance and
leasing vertical, and commercial deposit and treasury management
sales and service strategies. In his elevated role, Trier will lead
all aspects of Associated's Commercial banking, creating a unified
structure to ensure alignment across this business line and will
continue to be based in the Twin
Cities.
"In the time he's been with Associated, Phil has shown strong
leadership and vision while delivering results that grow our
business and advance our strategic plan," said Andrew J. Harmening, president and CEO of
Associated Bank. "Gaining market share in our commercial business
is a key pillar of Associated Bank's strategy, and with Phil's
expertise and leadership, I am confident we will continue to expand
this segment as we move into the next phase of our plan."
Gregory Warsek, 60, will be
executive vice president, deputy head of Commercial Real Estate
(CRE) and Facilities. Warsek began his career with US Bank and
joined Associated Bank in 2002 to establish its Chicago Commercial
Real Estate business, as well as the St. Louis Commercial Real
Estate Loan Production Office in 2004. Additionally, Warsek created
the Institutional and Real Estate Investment Trust (REIT) groups in
2014 to strategically build out the bank's commercial real estate
capabilities in the fund, corporate real estate and public REIT
markets and has successfully led Associated's CRE offices and loan
production as group leader since 2022.
Warsek will continue reporting to Paul
Schmidt, head of Commercial Real Estate and Facilities,
until March 2025. At that time,
Schmidt will step down from the ELT as head of CRE and Facilities
but remain as Twin Cities market
president and advisor to CRE and Facilities until the end of 2025,
when he plans to retire.
"Under Greg's leadership, the CRE and Facilities team will
undoubtedly continue the momentum and success achieved under Paul's
direction," said Harmening. "Greg's deep knowledge of commercial
real estate and his commitment to supporting the local communities
we serve has earned the respect of banking industry leaders within
our verticals."
John Utz, currently head of
Corporate and Commercial Banking, will become head of
Specialized Industries and Capital Markets and remain
Milwaukee market president. Utz
has been with Associated since 2010. As executive vice president,
he will oversee the Specialized Industries of Power and Utilities,
Data Centers, Asset Based Lending, Government Banking, Mortgage
Warehouse, Financial Institutions, and Insurance. Utz also oversees
the bank's capital markets division which is comprised of interest
rate derivatives, commodity derivatives, and foreign exchange.
Further, he is responsible for the Bank's Associated Equity
Investments department as well as risk and credit management for
the wholesale bank.
Trier earned his Bachelor of Arts in Economics from St. John's University and is a graduate of the
Pacific Coast Banking School. Active in the community, Trier's
board service has included Gillette Children's Hospital,
Minneapolis Downtown Council, Minneapolis Regional Chamber of
Commerce, Junior Achievement, and the Young Presidents
Organization. Trier is located in the
Twin Cities market.
Warsek earned his Master of Business Administration from
Marquette University and a Bachelor of
Business Administration from University of
Wisconsin-Whitewater. Warsek serves on the Executive
Advisory Board of the Driehaus School of Business-Real Estate
Center at DePaul University and an
Advisory Board Member for The Vieth Institute for Real Estate at
Marquette University. He's active in
the community, serving on the Steering Committee for the Greater
Chicago Food Depository's annual fundraiser and also a board member
of the Foundation for Human Development in Chicago. Warsek is
active in professional organizations serving as past board member
of the Chicago chapter of NAIOP,
past board member of the Marshall Bennett Institute of Real Estate
at Roosevelt University, and is a
current member of Urban Land Institute, NAIOP, and NAREIT.
Warsek is based in the Chicago
market.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
$42 billion and is the largest bank
holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading
Midwest banking franchise, offering a full range of financial
products and services from nearly 200 banking locations serving
more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan
production offices in Indiana,
Michigan, Missouri, New
York, Ohio and Texas. Associated Bank, N.A. is an Equal
Housing Lender, Equal Opportunity Lender and Member FDIC. More
information about Associated Banc-Corp is available at
www.associatedbank.com.
Media Contact: Marilka Vélez
Senior Vice President |
Senior Director of Marketing
920-491-7518
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SOURCE Associated Banc-Corp