WSFS WSFS Financial Corporation

Photo Release -- Michael L. Conklin joins WSFS as Executive Vice President, Chief Human Resources Officer

Photo Release -- Michael L. Conklin joins WSFS as Executive Vice President, Chief Human Resources Officer

Peggy H. Eddens retains role of Executive Vice President, Chief Customer Officer

WILMINGTON, Del., Aug. 18, 2020 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced Michael L. Conklin as its new Executive Vice President, Chief Human Resources Officer (CHRO) reporting to Rodger Levenson, Chairman, President and Chief Executive Officer (CEO) of WSFS. Conklin will serve as an organizational change agent, culture advocate and community steward. Michael will lead the Company’s talent transformation initiative and will be responsible for developing and optimizing people centered strategies for succession, inclusion, learning and development, human sigma, wellbeing, compensation and community partnerships. He will further develop and nurture a well-defined Company culture that is respected as “the WSFS way” by nearly 2,000 Associates.

“WSFS is a high-performing Company and we believe that our Associates and culture are the fundamental drivers of our success,” said Rodger Levenson, Chairman, President and CEO. “Michael is a seasoned professional with decades of experience building effective teams and developing organizational strategies that drive growth, productivity and high levels of Associate engagement. His talent for leading across organizations, high-energy and dedication to culture make him an ideal fit for our Company and this role.”

Levenson added, “Michael’s addition to our executive team is part of our thoughtful, deliberate, and continual executive management succession planning process. Peggy Eddens, our Chief Associate and Customer Experience Officer, is retiring at the end of 2021. Peggy is assuming the role of Executive Vice President, Chief Customer Officer (CCO), and will continue reporting to me. As CCO, Peggy will be responsible for the comprehensive, enterprise view and voice of the Customer and for strategies to enhance their experiences, engagement and loyalty.”

Conklin joins WSFS with more than 25 years’ experience in human resource management. For the past seven-plus years, he served in various human resources leadership roles at US Bank. Conklin was most recently Senior Vice President, Global Human Resources for US Bank’s consumer, business banking and payment services, leading a team of 147 human resources professionals and 46,000 employees. Prior to that, he was Vice President of Global Human Resources for Pentair’s process technologies global business unit. Conklin is a veteran of the United States Marine Corp (USMC), serving in the Gulf War and later in the USMC Reserves.

“From the minute I was introduced to this team I had a special feeling about their commitment to our Associates, Customers, culture and community,” said Conklin. “Rodger and the team have done outstanding work and I'm privileged to be part of this team. This executive team along with all of the Associates drive quality actions, through sound and innovative strategies. I'm humbled by the trust and confidence Rodger and the leadership team have bestowed upon me to help lead the next chapter of WSFS’ storied history.”

Conklin will be relocating to the Greater Philadelphia and Delaware region with his family.

About WSFS Financial Corporation

WSFS Financial Corporation is a multi-billion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the greater Philadelphia region. As of June 30, 2020, WSFS Financial Corporation had $13.6 billion in assets on its balance sheet and $20.8 billion in assets under management and administration. WSFS operates from 115 offices, 90 of which are banking offices, located in Pennsylvania (54), Delaware (43), New Jersey (16), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect®, Cypress Capital Management, LLC, Christiana Trust of Delaware, NewLane Finance, Powdermill Financial Solutions, West Capital Management, WSFS Institutional Services, WSFS Mortgage, and WSFS Wealth Investments. Serving the greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit

Media Contact:

Rebecca Acevedo

(215) 253-5566



A photo accompanying this announcement is available at

EN
18/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on WSFS Financial Corporation

 PRESS RELEASE

WSFS Announces First Quarter Call of $30 Million Legacy Bryn Mawr Trus...

WSFS Announces First Quarter Call of $30 Million Legacy Bryn Mawr Trust Subordinated Debt WILMINGTON, Del., Dec. 19, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS), the parent company of WSFS Bank, today announces that on February 15, 2023, it will call the $30 million of fixed-to-floating rate subordinated notes due 2025 (the 2025 Notes) acquired from Bryn Mawr Trust. The 2025 Notes will be repaid using operating cash flows of the Company. “We are pleased to announce our planned payoff of the 2025 Notes during the first quarter of 2023,” said Dominic C. Canuso, WSFS'...

 PRESS RELEASE

WSFS CARES Foundation Provides Fourth Quarter Grants to Community Orga...

WSFS CARES Foundation Provides Fourth Quarter Grants to Community Organizations in Delaware and New Jersey WILMINGTON, Del., Dec. 12, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to two community organizations located in Delaware and New Jersey as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the fourth quarter by the WSFS CARES Foundation board, will support the following organizations: Food Bank of Delaware ($50,000)The Food Bank...

 PRESS RELEASE

WSFS Bank Ranked #1 Among SBA Lenders in Greater Philadelphia and Dela...

WSFS Bank Ranked #1 Among SBA Lenders in Greater Philadelphia and Delaware Based on the Amount of Local SBA 7(a) Loans WILMINGTON, Del., Dec. 08, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce it has been ranked first among U.S. Small Business Administration (SBA) lenders in the Greater Philadelphia and Delaware region based on the amount of local SBA 7(a) loans. The rankings are based on lender activity in Berks, Bucks, Chester, Delaware, Lancaster, Lehigh, Montgomery and Philadelphia counties in Pennsylva...

 PRESS RELEASE

Small Businesses Feeling the Impacts of the Economy and Inflation, But...

Small Businesses Feeling the Impacts of the Economy and Inflation, But Are Still Optimistic About Future Revenue, New WSFS Bank Study Finds Seven in 10 feel they are well positioned to borrow, with equipment financing being their top need. WILMINGTON, Del., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Mid-Atlantic small businesses are optimistic in their ability to keep revenues at their current pace or even increase them in the next year despite economic woes and strains on their costs, a new WSFS Bank Small Business Trends study found. The study, which surveyed 500 Mid-Atlantic small businesses,...

 PRESS RELEASE

WSFS Names Steven J. Cunningham, Senior Vice President, Director of SB...

WSFS Names Steven J. Cunningham, Senior Vice President, Director of SBA Sales WILMINGTON, Del., Nov. 15, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that Steven J. Cunningham has been named Senior Vice President, Director of Small Business Administration (SBA) Sales, reporting to Candice Caruso, Senior Vice President, Chief Retail Lending Officer. In his new role, Cunningham will be responsible for the strategy, profitability and growth of the SBA Sales team, which originates loans with SBA and other gove...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch