1. Eric Wasserstrom joins HBAN as EVP, Investor Relations effective April 28. 2. Wasserstrom brings 20 years of financial services experience to the role. 3. He previously led investor relations at Walgreens and Discover Financial. 4. Wasserstrom will enhance shareholder value and oversee investor engagement. 5. He succeeds Timothy Sedabres, who now heads Corporate Finance.
A seasoned leader like Wasserstrom can significantly improve investor relations and potentially increase stock value.
Wasserstrom's expertise could foster investor confidence, impacting HBAN's stock performance positively.
The impact of improved investor relations strategies will unfold over multiple quarters, enhancing financial understanding and credibility.
The Huntington National Bank (Huntington) is pleased to announce Eric Wasserstrom has joined as Executive Vice President, Head of Investor Relations, effective April 28.
Wasserstrom brings a wealth of knowledge and expertise, including more than two decades of experience in the financial services industry. He was most recently at Walgreens Boots Alliance, where he served as Senior Vice President and Head of Global Investor Relations, leading engagement with the investment community and shaping the company's long-term financial strategy. Before Walgreens, he spent four years at Discover Financial Services as Senior Vice President of Investor Relations and Enterprise Strategy, playing a key role in aligning strategic initiatives with shareholder priorities. Earlier in his career, Wasserstrom was a highly regarded equity research analyst for many years, primarily at UBS Securities, building deep expertise across the financial services sector.
"We are thrilled to welcome Eric to our team," said Zach Wasserman, Huntington's Chief Financial Officer. "His extensive financial services experience will be invaluable as we continue to strengthen our relationships with investors and stakeholders."
In his new role, Wasserstrom will oversee all aspects of investor relations, including engagement with the investment community to provide timely, accurate and transparent information on the company's business performance and outlook. He will also play a key role in developing and executing strategies to enhance shareholder value and support the bank's growth initiatives.
Wasserstrom succeeds Timothy Sedabres, who has taken on a new role as Huntington's Head of Corporate and Strategic Finance.
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $210 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates 968 branches in 13 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
SOURCE Huntington National Bank