WHEELING, W.Va., Sept. 2, 2021 /PRNewswire/ -- WesBanco, Inc.
(Nasdaq: WSBC), a diversified, multi-state bank holding company
announced today that Robert H.
Young, CPA, Senior Executive Vice President, Chief Financial
Officer & Group Head – Finance, will retire from the company
effective December 31, 2021.
WesBanco also announced that Daniel K.
Weiss, Jr. will become the Company's Executive Vice
President and Chief Financial Officer, upon Mr. Young's
retirement. After his retirement, Mr. Young will serve in a
consulting role for a period of at least six months to ensure a
smooth transition to his successor.
"Throughout the last twenty years, Bob's contributions to our
company, employees, and shareholders have been significant," said
Todd F. Clossin, President and Chief
Executive Officer of WesBanco. "Bob has provided strong
leadership and financial expertise, while developing a strong and
talented finance organization that will support our growth for
years to come. During his tenure, Bob has been instrumental
in WesBanco's transformation, through nine mergers, from
approximately $2 billion in assets in
two states into an evolving, $17
billion asset regional financial services company that now
spans six states. On behalf of the WesBanco family, I would
like to thank Bob for his many years of service and dedication, and
wish him the best in his well-deserved retirement."
Mr. Weiss has served as Senior Vice President and Chief
Accounting Officer of WesBanco since January
2021, and previously has served as Senior Vice President
& Controller, as well as working in various other roles,
including Assistant Controller, since joining the Corporation in
2008. Prior to joining WesBanco, he was employed by Deloitte,
in their audit practice, where he obtained a diverse background
working as a public accountant in the financial services,
manufacturing, healthcare, and retail industries. In
addition, Mr. Weiss is a licensed Certified Public Accountant.
Mr. Young commented, "I feel very positive about the momentum of
both the Company and the finance organization, and have been
planning this transition with Dan for several years. I have
enjoyed my many years of service to WesBanco, as well as my role in
developing Dan and the rest of the finance team. I firmly
believe that we are well-positioned for on-going success."
Mr. Weiss added, "I am excited about this great opportunity to
continue my service to WesBanco. I have gained invaluable
experience during my thirteen years with the Company, and look
forward to transitioning into the significant role Bob has played
for WesBanco. Lastly, I would like to personally thank Bob
for his mentorship and his friendship."
About WesBanco, Inc.
Founded in 1870, WesBanco, Inc. (www.wesbanco.com) is a
diversified and balanced financial services company that delivers
large bank capabilities with a community bank feel. Our
distinct long-term growth strategies are built upon unique
sustainable advantages permitting us to span six states with
meaningful market share. Built upon our 'Better Banking
Pledge', our customer-centric service culture is focused on growing
long-term relationships by pledging to serve all personal and
business customer needs efficiently and effectively. In
addition to a full range of online and mobile banking options and a
full-suite of commercial products and services, WesBanco provides
trust, wealth management, securities brokerage, and private banking
services through our century-old Trust and Investment Services
department, with approximately $5.5
billion of assets under management (as of June 30, 2021). WesBanco's banking
subsidiary, WesBanco Bank, Inc., operates 206 financial centers in
the states of Indiana,
Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia.
Additionally, WesBanco operates an insurance agency, WesBanco
Insurance Services, Inc., and a full service broker/dealer,
WesBanco Securities, Inc.
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SOURCE WesBanco, Inc.