Press Release Details

Associated Bank announces leadership changes


GREEN BAY, Wis., Feb. 7, 2018 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") yesterday announced changes involving its executive committee.

Matthew Braeger (left) and Nicole Kitowski

Matthew Braeger, currently Associated's executive vice president and deputy chief audit executive, has been promoted to executive vice president and chief audit executive effective February 6, 2018. Braeger joined Associated in 2013 as senior vice president and audit director. He has more than 17 years' of audit experience, primarily in banking technology and financial services.

Braeger succeeds Patrick Derpinghaus as he plans to retire on March 1, 2018.

Nicole Kitowski, executive vice president and deputy chief risk officer, has been promoted to executive vice president and chief risk officer effective February 6, 2018. Kitowski joined Associated in 1992 and has held leadership roles in consumer banking, operations and technology, and corporate risk. She is currently responsible for financial intelligence, corporate security, third party risk management, and operational risk management.

Kitowski succeeds Randall Erickson who will continue in his role as General Counsel and Corporate Secretary.

"The talent that Matthew and Nicole bring will be instrumental as we continue our strategic growth while navigating the increased compliance and risk management demands of the industry," said Philip B. Flynn, president and CEO, Associated Bank.

Associated Banc-Corp (NYSE: ASB) has total assets of $33 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

Contact: Jennifer Kaminski
Vice President | Public Relations Senior Manager


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SOURCE Associated Banc-Corp