After a 38-year-plus career in leasing and financial services, Rick Remiker, the commercial banking director for US-based Huntington Bancshares Inc, is to retire in May 2020, the company said in a statement.
Remiker joined Huntington in 2010 to lead the bank’s equipment finance business. He subsequently led speciality banking and in 2014 assumed leadership of the commercial bank, according to a press release.
As commercial banking director, Remiker expanded Huntington’s asset finance business, led the strategic evolution and growth of Huntington capital markets and speciality banking teams, as well as led the acquisitions and integrations of Huntington Technology Finance (formerly Macquarie Equipment Finance) and Hutchinson, Shockey, Erley & Co, the bank said.
He also led the successful commercial banking integration following Huntington’s 2016 acquisition of FirstMerit Corporation, Huntington’s largest acquisition. Remiker doubled Huntington’s commercial loan volume in his six years leading the commercial bank, according to the bank.
Steve Steinour, chairman, president and chief executive of Huntington, said: “Rick is a purpose-driven leader who has made many important contributions to Huntington, and he has been an outstanding colleague and is an integral member of our executive leadership team.
“The impressive growth in commercial banking is a result of his vision and ability to build strong teams.”
Before joining Huntington, Remiker served as chief administrative officer for RBS Citizens Asset Finance.
He previously launched Merrill Lynch Capital’s commercial equipment finance business, and he served as president and chief operating officer of KeyBank’s middle-market and large-ticket leasing business.
In the community, he serves as board chair for the Mid-Ohio Foodbank and previously led Huntington’s participation in Pelotonia, the US’s largest single-event cycling fundraiser.
Scott Kleinman, a 28-year Huntington veteran, will succeed Remiker in the role and will serve on the bank’s executive leadership team.
Kleinman currently is executive managing director of Huntington capital markets and has held a variety of senior leadership roles in Huntington’s capital markets and institutional banking business.
“Scott’s strategic vision, drive and discipline have enabled tremendous growth in capital markets, which supports many important businesses across Huntington, as well as corporate banking,” Steinour said.
“He and his highly effective teams have delivered consistent growth and expanded capabilities. Additionally, Scott has seamlessly integrated new businesses such as public finance into the commercial bank.”
Huntington Bancshares Inc was founded in 1866 as The Huntington National Bank and operates in the US Midwest. As of 1 January 2020, Huntington is a $109bn asset regional bank holding company.