Associated Banc-Corp (ASB, Financial) has appointed Julio Manso as its new Chief Human Resources Officer, effective June 2. He succeeds Angie DeWitt, who announced her retirement but will continue to assist during the transition period.
Manso joins Associated Banc-Corp from KeyBank, where he served as Executive Vice President of Human Resources since November 2020. His career includes senior leadership roles in human resources at JPMorgan Chase & Company from 2016 to 2020.
In his new position, Manso will report directly to Andy Harmening, the President and CEO of Associated Bank. His responsibilities will encompass various human resources functions such as succession planning, talent and change management, recruitment, cultural development, performance management, training, internal communications, and total rewards. Manso will be based in Milwaukee as he takes on these responsibilities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Associated Banc-Corp (ASB, Financial) is $27.00 with a high estimate of $29.00 and a low estimate of $25.00. The average target implies an upside of 29.31% from the current price of $20.88. More detailed estimate data can be found on the Associated Banc-Corp (ASB) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Associated Banc-Corp's (ASB, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Associated Banc-Corp (ASB, Financial) in one year is $26.74, suggesting a upside of 28.07% from the current price of $20.88. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Associated Banc-Corp (ASB) Summary page.