President and CEO
Associated Bank | Green bay
Andy Harmening leads Green Bay-based Associated Bank, the largest Wisconsin-based bank holding company, with $41 billion in assets and about 200 banking locations throughout Wisconsin, Illinois and Minnesota. Outside of its headquarters, the bank has corporate operations in Milwaukee. Harmening serves on Associated Bank’s board of directors and as president of Associated Trust Co., N.A. Previously, Harmening was senior executive vice president, consumer and business banking director for Huntington Bank and vice chairman of the consumer banking division of Bank of the West.
Education: Bachelor’s, DePauw University; MBA, University of Cincinnati
Advice for first-time leaders: “You don’t have to come up with every great idea. Listen, then take action.”
Your secret talent: “I love ping-pong. We had a ping-pong table in our house, and we played a lot of ping-pong. There’s a rhythm to it. And the beauty is anyone can play it.”
Traits you seek for new hires: “Start with what’s not teachable. Find high achievers who like people and can connect. If you can get that along with subject matter expertise, you have a fantastic employee.”
If you could time travel: “Growing up in the 1980s was an amazing time. While I like and embrace tech, there’s a simplicity to that time, and human interaction was pure.”
2022 Wisconsin 275 Profile
Banking and Finance
President and CEO
Associated Bank | Green Bay
Andrew Harmening joined Green Bay-based Associated Bank in 2021 as its president and chief executive officer. The largest bank based in Wisconsin, Associated Bank has 4,100 employees with more than 200 banking locations in over 120 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Outside of its Green Bay headquarters, the bank has corporate operations in Milwaukee; the bank purchased its downtown Milwaukee office tower in 2016.
The company reported $38 billion in assets, $29.2 billion in deposits, and $93 million in net income in the third quarter of 2022. Associated has grown through acquisition in recent years, purchasing Bank Mutual Corp., branches of The Huntington National Bank, and First Staunton Bancshares Inc., all since 2018.
Prior to joining Associated, Harmening was senior executive vice president, consumer and business banking director for Huntington Bank. Earlier, he was vice chairman of the consumer banking division of Bank of the West. He also spent nine years with U.S. Bank in roles within its small business and commercial banking divisions. He serves on the boards of Metropolitan Milwaukee Association of Commerce and Boys & Girls Clubs of Greater Milwaukee. He previously served on the board of directors of the Consumer Bankers Association for 12 years.
Education: Bachelor’s, DePauw University; MBA, University of Cincinnati