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George Schaefer, Jr. is the former CEO of Fifth Third Bancorp in Cincinnati, OH, a financial services company whose banking arm is Fifth Third Bank.[1] In April 2007, Schaefer stepped down as CEO, deferring to Kevin T. Kabat, retaining his role as Chairman of the Board.

Mr. Schaefer is a 1963 graduate of Elder High School.[citation needed] Upon graduation he was appointed to West Point[1] where he received his bachelor of science degree, in nuclear engineering. He was commissioned a 2nd Lieutenant and soon after entered U.S. Army Ranger school. He was a veteran of the Vietnam War, was awarded a Bronze Star[1] and left the Army in 1971. He is a 1974 graduate of Xavier University Business School.[citation needed]

He joined Fifth Third Bank in 1971 and continued in increasing roles within Fifth Third Bank, becoming a director in 1988, a company officer in 1990, at which time he reached the top position.

He is married to Betty Ann (Bruser) Schaefer. They have 3 children, George III, Shaune and Thomas.[citation needed]


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