Wintrust Financial Corporation Announces Executive Officer Promotions
January 28 2020 - 4:10PM
Wintrust Financial Corporation (“Wintrust” or the “Company”)
(Nasdaq: WTFC) today announced that the Company’s Board of
Directors has made the following appointments, effective February
2, 2020:
Edward J.
Wehmer will become Founder and Chief Executive
Officer. Wehmer currently serves as President and Chief
Executive Officer.
David A.
Dykstra will become Vice Chairman, Chief
Operating Officer, Wintrust Financial Corporation. Dykstra
currently serves as Senior Executive Vice President, Chief
Operating Officer.
Richard B.
Murphy will become Vice Chairman, Lending,
Wintrust Financial Corporation. Murphy currently serves as
Executive Vice President, Chief Credit Officer.
Timothy S.
Crane will become President, Wintrust Financial
Corporation. Crane currently serves as Executive Vice
President, Senior Market Head and Treasurer.
Edward J. Wehmer, President and Chief Executive
Officer of the Company, said “We are proud to be elevating three of
our most experienced leaders who have been integral to the
strategic development of our business and look forward to their
continued leadership in successfully managing our growth into the
future.
“In connection with Dave, Rich and Tim’s new
roles, we also are making a number of other internal promotions,
challenging a diverse group of current and emerging leaders to take
on new and broader roles within Wintrust,” Wehmer said. “In
short, we are developing tomorrow’s leaders today, so that they
will help perpetuate the culture that has been integral to our
successes thus far.”
About
Wintrust
Wintrust is a financial holding company with
assets of over $35 billion whose common stock is traded on the
NASDAQ Global Select Market. Built on the "HAVE IT ALL" model,
Wintrust offers sophisticated technology and resources of a large
bank while focusing on providing service-based community banking to
each and every customer. Wintrust operates fifteen community bank
subsidiaries, with over 180 banking locations located in the
greater Chicago and southern Wisconsin market areas. Additionally,
Wintrust operates various non-bank business units including
business units which provide commercial and life insurance premium
financing in the United States, a premium finance company operating
in Canada, a company providing short-term accounts receivable
financing and value-added out-sourced administrative services to
the temporary staffing services industry, a business unit engaging
primarily in the origination and purchase of residential mortgages
for sale into the secondary market throughout the United States,
and companies providing wealth management services and qualified
intermediary services for tax-deferred exchanges.
Forward-Looking
Information
This press release contains forward-looking
statements within the meaning of the federal securities laws.
Investors are cautioned that such statements are predictions and
actual events or results may differ materially. Wintrust's expected
financial results or other plans are subject to a number of risks
and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" and the forward-looking statement disclosure contained in
Wintrust's most recent Annual Report on Form 10-K and in any of the
Company’s subsequent SEC filings. Forward-looking statements speak
only as of the date made and Wintrust undertakes no duty to update
the information.
FOR MORE INFORMATION
CONTACT:Edward J. Wehmer, President & Chief Executive
OfficerDavid A. Dykstra, Senior Executive Vice President &
Chief Operating Officer(847) 939-9000Website address:
www.wintrust.com
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