Steve Petitjean, city executive from 2011 to now, said he’s voluntarily relinquishing the role to focus on his responsibilities as Fifth Third’s greater Dayton retail market manager over 53 branch offices. Petitjean will continue to hold volunteer roles in the community as vice chair of Downtown Dayton Partnership and Culture Works.
“It’s been a great three years. It’s been good for the bank I believe,” Petitjean said.
Compton, a West Carrollton native, has worked for Fifth Third since 1989 except for a multi-year stint as president of Park National Bank of Southwest Ohio and Northern Kentucky. In 2010, Compton returned to Fifth Third. A commercial banker, he is the greater Dayton commercial banking team lead for the company’s middle market — clients with $50 million to $500 million in sales.
Compton will continue his commercial banking role. As city executive, he assumes additional responsibilities as Fifth Third’s face in the community.
“We’re in the community, committed to the community,” said Compton, a member of the board of directors of Dayton Development Coalition, Big Brothers Big Sisters of the Greater Miami Valley and Nova Behavioral Health Inc.
Cincinnati-based Fifth Third Bancorp is the largest bank by $2.6 billion in deposits held in the Dayton metropolitan area, or 25.4 percent market share, according to the Federal Deposit Insurance Corp.
Fifth Third considers its Dayton market to be the area stretching from northern Butler and Warren counties to Lima. It is part of the bank’s larger Cincinnati operating affiliate, of which Mike Michael is president.
Here’s the latest turnover in regional bank presidents:
• Cincinnati-based First Financial Bancorp in October 2013 named Dan Kane president of its Dayton-Middletown market. No formal announcement was made, nor reason given for former president Roger Furrer’s departure.
• Also in October 2013, Columbus-based Huntington Bancshares Inc. named a new president for the region including Cincinnati, Dayton, Northern Kentucky and Springfield. Kevin Jones was named interim southern Ohio/Kentucky president for Huntington, succeeding Mark Reitzes who left “Huntington to pursue other interests.”
• David Trautman on Jan. 1 succeeded C. Daniel DeLawder as chief executive officer of Newark-based Park National Corp., part of a succession plan. DeLawder continues to be chairman.
• Dayton City Commissioner Joey Williams was previously Dayton city president and commercial banking manager for JPMorgan Chase & Co. Williams joined a different banking company and Kevin Ward, president of Chase’s southwest Ohio market, is now managing the middle market business lending group for Cincinnati and Dayton.
• KeyCorp named in October 2012 a new Southwest Ohio district president, Thomas Schlehuber, to succeed the retired Ed Reilly. After Schlehuber was named to the position, Pat McDonald was promoted to the role of Dayton market president. She also heads KeyBank’s Private Bank team in the Cincinnati-Dayton region.
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