Fifth Third Business Capital announced the retirement of Mike Sharkey, President.

When Sharkey began his career as a field examiner at GE Capital, he launched into a 40-year ride as a leading executive in the asset-based lending industry. Mike established and managed various successful ABL businesses, including StanChart Business Credit, LaSalle Business Credit, Cole Taylor Business Capital and MB Business Capital, often with many of the same people at his side. Mike devoted his career to building teams of talented asset-based financing professionals committed to managing risk, creative thinking, excellent customer service, and being a trusted partner to thousands of middle market businesses. Mike earned a reputation as a patient and steady hand who thrived in an environment where he developed strong long-term relationships with dealmakers and corporate executives. This approach helped shape his career and define his success as one of the most respected lenders in the market. A few of Mike’s noteworthy honors include being the recipient of the Lifetime Achievement Award from the Commercial Finance Association (SFNet) and a member in the Secured Finance Network Hall of Fame.

Recently, Mike announced his intention to pursue a new venture by retiring from banking effective September 30, 2020. He will split his time between Chicago and Sedona enjoying golfing, hiking with his wife Sue, spending time with his children and grandson, and supporting his favorite charities, HFS Chicago Scholars and the American Brain Tumor Association.

Mike steps away from Fifth Third Business Capital leaving it in good hands with a group of Fifth Third senior managers who have helped him manage the business and who have decades of ABL expertise.