George Schaefer (finance)

George Alphonse Schaefer Jr.[1] (born May 17, 1945)[2] is the former CEO of Fifth Third Bancorp in Cincinnati, Ohio, a financial services company whose banking arm is Fifth Third Bank.[3] In April 2007, Schaefer stepped down as CEO, deferring to Kevin T. Kabat, retaining his role as chairman of the board.

Born in Ohio[2] and raised in Cincinnati,[4] Mr. Schaefer is a 1963 graduate of Elder High School.[citation needed] Upon graduation he was appointed to West Point[3] where he received his bachelor of science degree in 1967,[1] in nuclear engineering. He was commissioned a 2nd Lieutenant and soon after entered U.S. Army Ranger school. He was a veteran of the Vietnam War, was awarded a Bronze Star[3] and left the Army in 1970. He is a 1974 graduate of Xavier University Business School with an M.B.A. degree focused on finance.[4]

He joined Fifth Third Bank in 1971 and continued in increasing roles within Fifth Third Bank, becoming a director in 1988, a company officer in 1990, at which time he reached the top position.

He is married to Betty Ann (Bruser) Schaefer. They have 3 children, George III, Shaune and Thomas.[citation needed]

References

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  1. ^ a b "George Alphonse Schaefer Jr". West Point Association of Graduates. Retrieved April 16, 2022.
  2. ^ a b "Class of 1967—Register of Graduates". Register of Graduates and Former Cadets 1802-1971 of the United States Military Academy. The West Point Alumni Foundation Inc. 1971. p. 770. Retrieved April 16, 2022.
  3. ^ a b c "Fifth Third Bank President & CEO to be Honored by UC". Archived from the original on June 15, 2011. Retrieved November 13, 2010.
  4. ^ a b "George A. Schaefer, Jr. Elected to Ashland Inc. Board". The Auto Channel (Press release). January 30, 2003. Retrieved April 16, 2022.