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3/25/2015 |
Member News |
Fifth Third Bancorp Vice Chairman and CEO Kevin Kabat to Speak at Davenport University Commencement |
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Kevin T. Kabat, Vice Chairman and CEO of Fifth Third Bancorp, will serve as Davenport University’s 2015 Commencement Speaker at ceremonies to be held Sunday April 26, 2015, at Van Andel Arena in Grand Rapids. At the event, where up to 2,000 Davenport graduates from across the state of Michigan will celebrate their new degrees, Kabat will be presented with an Honorary Doctorate degree by the University. Before joining Fifth Third in Cincinnati, Ohio, Kabat served as President of Fifth Third Bank (Western Michigan) and was a member of Davenport’s Board of Trustees. “It is an honor to welcome Kevin Kabat back to Grand Rapids to celebrate commencement with us this April,” said Dr. Richard J. Pappas, President of Davenport University. “Kabat is an incredible businessman and a good friend to Davenport. I expect that his experiences will resonate with our new graduates as they step out of our classrooms and into their new or enhanced career roles.” As CEO at Cincinnati-based Fifth Third Bancorp since 2007, Kabat is responsible for overseeing strategic direction of the diversified financial services company, which at year end 2014 had $139 billion in assets, more than 1,300 full-service Banking Centers, 2.638 ATMs and 15 affiliates in 12 states. Its four main businesses are Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. Kabat became CEO in 2007, a year after he was named President of the company. Previously, he served as Executive Vice President responsible for retail and affiliate banking. Kabat was the Vice Chairman and President of Old Kent Bank when it was acquired by Fifth Third Bancorp in 2001. He joined Old Kent in 1982. Kabat received his bachelor’s degree in Behavioral Science from Johns Hopkins University and a master’s degree in Industrial/Organizational Psychology from Purdue University. He serves as a board member of Unum, the Federal Reserve Bank of Cleveland, the Financial Services Roundtable and the Cincinnati Art Museum. He is a member of the Ohio Business Roundtable, Cincinnati Business Committee and the Executive Committee of the ArtsWave Board of Trustees. He currently serves as the 2015 United Way Campaign Chairman and Co-Chairman of the Change the Outcome campaign at Cincinnati Children’s Hospital Medical Center.
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