Huntington Bancshares Incorporated Shareholders Vote on Annual Meeting Issues

Apr 19, 2001, 01:00 ET from Huntington Bancshares Incorporated

    COLUMBUS, Ohio, April 19 /PRNewswire/ -- Following 27 years of service
 with Huntington (Nasdaq:   HBAN), Chairman Frank Wobst today announced he will
 retire effective May 1, 2001.  He will continue as non-executive chairman of
 Huntington Bancshares Incorporated and The Huntington National Bank.
 Additionally, Huntington shareholders approved the three management issues and
 rejected the shareholder proposal on the agenda at the April 19 Annual Meeting
 of Shareholders held in the Capitol Square Banking Lobby of The Huntington
 National Bank.  This was the 35th annual meeting since the holding company was
 established in 1966.
     As non-executive chairman Wobst, 67, will provide consulting services to
 Huntington Bancshares Incorporated and The Huntington National Bank until
 December 31, 2002.  Wobst also will serve as chairman of the Boards' executive
 committee for the same term.
     "Frank's 21 years as CEO were a period of significant growth in
 Huntington's now 135-year history of success and service," said President and
 CEO Thomas E. Hoaglin.  "Frank can take great pride in the many
 accomplishments and advances Huntington made under his leadership.  I know
 that he has always cared deeply about our shareholders, customers, employees
 and communities.  We thank him for his dedicated service."
     During the update from the chief executive officer, Hoaglin highlighted
 first quarter results and discussed his activities during his first eight
 weeks.  He also stated that he expects to take approximately two more months
 to fully develop the strategic plan for the company.
     Shareholders rejected the shareholder proposal asking the Board of
 Directors to engage the services of an investment banking firm to evaluate
 alternatives that could enhance shareholder value including sale of the
 company. Additionally, Don Conrad, George A. Skestos, Lewis R. Smoot, Sr. and
 Wobst were elected to serve three-year terms as Class II Directors of the
 holding company.  Hoaglin was elected to serve a two-year term as a Class I
 Director. Incumbents Don M. Casto III, Patricia T. Hayot, William J. Lhota and
 Timothy P. Smucker will continue as Class III Directors with terms to expire
 in 2002.  John B. Gerlach, Jr. and Robert H. Schottenstein will continue as
 Class I Directors with terms to expire in 2003.
     Shareholders also approved the 2001 Stock and Long-Term Incentive Plan and
 ratified the appointment of Ernst & Young LLP as independent auditors for
 2001.
     Huntington Bancshares Incorporated, (Nasdaq:   HBAN) is a $28 billion
 regional bank holding company headquartered in Columbus, Ohio.
 Through its affiliated companies, Huntington has more than 135 years of
 serving the financial needs of its customers.  Huntington provides innovative
 products and services through over 500 offices in Florida, Indiana, Kentucky,
 Maryland, Michigan, New Jersey, Ohio, and West Virginia.  International
 banking services are made available through the headquarters office in
 Columbus and additional offices located in the Cayman Islands and Hong Kong.
 Huntington also offers products and services online at www.huntington.com ,
 through its technologically advanced, 24-hour telephone bank, and through its
 network of more than 1,400 ATMs.
 
 

SOURCE Huntington Bancshares Incorporated
    COLUMBUS, Ohio, April 19 /PRNewswire/ -- Following 27 years of service
 with Huntington (Nasdaq:   HBAN), Chairman Frank Wobst today announced he will
 retire effective May 1, 2001.  He will continue as non-executive chairman of
 Huntington Bancshares Incorporated and The Huntington National Bank.
 Additionally, Huntington shareholders approved the three management issues and
 rejected the shareholder proposal on the agenda at the April 19 Annual Meeting
 of Shareholders held in the Capitol Square Banking Lobby of The Huntington
 National Bank.  This was the 35th annual meeting since the holding company was
 established in 1966.
     As non-executive chairman Wobst, 67, will provide consulting services to
 Huntington Bancshares Incorporated and The Huntington National Bank until
 December 31, 2002.  Wobst also will serve as chairman of the Boards' executive
 committee for the same term.
     "Frank's 21 years as CEO were a period of significant growth in
 Huntington's now 135-year history of success and service," said President and
 CEO Thomas E. Hoaglin.  "Frank can take great pride in the many
 accomplishments and advances Huntington made under his leadership.  I know
 that he has always cared deeply about our shareholders, customers, employees
 and communities.  We thank him for his dedicated service."
     During the update from the chief executive officer, Hoaglin highlighted
 first quarter results and discussed his activities during his first eight
 weeks.  He also stated that he expects to take approximately two more months
 to fully develop the strategic plan for the company.
     Shareholders rejected the shareholder proposal asking the Board of
 Directors to engage the services of an investment banking firm to evaluate
 alternatives that could enhance shareholder value including sale of the
 company. Additionally, Don Conrad, George A. Skestos, Lewis R. Smoot, Sr. and
 Wobst were elected to serve three-year terms as Class II Directors of the
 holding company.  Hoaglin was elected to serve a two-year term as a Class I
 Director. Incumbents Don M. Casto III, Patricia T. Hayot, William J. Lhota and
 Timothy P. Smucker will continue as Class III Directors with terms to expire
 in 2002.  John B. Gerlach, Jr. and Robert H. Schottenstein will continue as
 Class I Directors with terms to expire in 2003.
     Shareholders also approved the 2001 Stock and Long-Term Incentive Plan and
 ratified the appointment of Ernst & Young LLP as independent auditors for
 2001.
     Huntington Bancshares Incorporated, (Nasdaq:   HBAN) is a $28 billion
 regional bank holding company headquartered in Columbus, Ohio.
 Through its affiliated companies, Huntington has more than 135 years of
 serving the financial needs of its customers.  Huntington provides innovative
 products and services through over 500 offices in Florida, Indiana, Kentucky,
 Maryland, Michigan, New Jersey, Ohio, and West Virginia.  International
 banking services are made available through the headquarters office in
 Columbus and additional offices located in the Cayman Islands and Hong Kong.
 Huntington also offers products and services online at www.huntington.com ,
 through its technologically advanced, 24-hour telephone bank, and through its
 network of more than 1,400 ATMs.
 
 SOURCE  Huntington Bancshares Incorporated