GREEN BAY, Wis., April 25, 2017 /PRNewswire/ -- Associated
Banc-Corp (NYSE:ASB) ("Associated") today announced the results of the actions taken at its 2017 Annual Meeting of
Shareholders.
The following directors were re-elected:
- William R. Hutchinson, chairman, Associated Banc-Corp, and president, W.R. Hutchinson & Associates, Inc.
- Philip B. Flynn, president and chief executive officer, Associated Banc-Corp
- John F. Bergstrom, chairman and chief executive officer, Bergstrom Corp.
- R. Jay Gerken, director of 20 mutual funds associated with Sanford C. Bernstein Fund,
Inc.
- Robert A. Jeffe, co-chairman and co-founder, Hawkwood Energy
- Eileen A. Kamerick, adjunct professor of law and consultant
- Gale E. Klappa, non-executive chairman and former CEO of WEC Energy Group
- Richard T. Lommen, chairman, Courtesy Corp.
- Cory L. Nettles, founder and managing director, Generation Growth Capital, Inc.
- Karen T. van Lith, consultant
- John (Jay) B. Williams, past chairman, Milwaukee Public Museum
Also elected to the Board for the first time was Judith P. Greffin, former chief investment
officer at the Allstate Corporation.
Shareholders also (1) approved the Associated Banc-Corp 2017 Incentive Compensation Plan, (2) approved named executive officer
compensation, and (3) ratified the selection of KPMG LLP as Associated's independent accounting firm for 2017.
The Associated Board of Directors declared a regular quarterly cash dividend of $0.12 per common
share, payable on June 15, 2017, to shareholders of record at the close of business on June 1,
2017.
The Board of Directors also declared a regular quarterly cash dividend of $0.3828125 per
depositary share on Associated's 6.125% Series C Preferred Stock payable on June 15, 2017, to
shareholders of record at the close of business on June 1, 2017.
The Board of Directors also declared a regular quarterly cash dividend of $0.3359375 per
depositary share on Associated's 5.375% Series D Perpetual Preferred Stock payable on June 15,
2017, to shareholders of record at the close of business on June 1, 2017.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of over $29 billion and is one of the top 50
publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin,
Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking
locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, 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.
FORWARD LOOKING STATEMENTS
Statements made in this document which are not purely historical are forward-looking statements, as defined in the Private
Securities Litigation Reform Act of 1995. This includes any statements regarding management's plans, objectives, or goals for
future operations, products or services, and forecasts of its revenues, earnings, or other measures of performance. Such
forward-looking statements may be identified by the use of words such as "believe", "expect", "anticipate", "plan", "estimate",
"should", "will", "intend", "outlook", or similar expressions. Forward-looking statements are based on current management
expectations and, by their nature, are subject to risks and uncertainties. Actual results may differ materially from those
contained in the forward-looking statements. Factors which may cause actual results to differ materially from those
contained in such forward-looking statements include those identified in the Company's most recent Form 10-K and subsequent SEC
filings. Such factors are incorporated herein by reference.
Investor Contact:
Jessica Vanden Heuvel, Vice President, Director of Investor
Relations
920-491-7059
Media Contact:
Jennifer Kaminski, Vice President, Public Relations Manager
920-491-7576
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SOURCE Associated Banc-Corp