Kevin T. Kabat, president and chief executive officer of Fifth Third Bancorp, Cincinnati, has been given the additional title of chairman of the board. Mr. Kabat replaces George A. Schaefer Jr., who retired from the board June 17 as part of a succession plan that began with his retirement as CEO in April 2007. Mr. Schaefer joined Fifth Third Bank in 1971 and was named president and CEO in 1989, the company said. Fifth Third also announced the appointment of James P. Hackett as lead director. Fifth Third can be found on the Web at http://www.53.com.
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