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Brake joins WSFS board WSFS Financial Corp. the parent company of WSFS Bank, announced that Francis B. “Ben” Brake, Jr. was elected to the Board of Directors. Brake is President and Chief Marketing Officer of Epic Research, LLC, a company he co-founded in 2007 that specializes in marketing services including strategy, product development, sales, business development and strategic alliances for clients in the consumer electronics, financial services and airline industries, as well as other Fortune 500 companies.
With more than 20 years in the financial services industry, Brake has held numerous executive management positions including Managing Director and Chief Marketing Officer at Juniper Bank / Barclaycard US; Executive Vice President, Marketing at First USA Bank; and Senior Manager, Marketing at American Express.
WSFS Chairman of the Board, Marvin N. Schoenhals said, “We are very fortunate to have Ben join our Board with his extensive background in financial services. Ben’s well established expertise in marketing, entrepreneurship, innovation, product development, business partnerships and executive leadership will add great value of our Board of Directors.”
Brake currently serves on the board of directors for Smarter Agent, LLC, a privately-held technology firm, as well as The Chester Fund for Education and the Arts. He is also active in the Swarthmore (Pennsylvania) Recreation Association.
Brake received a Bachelor of Arts degree in Government from The College of William and Mary and a Master of Business Administration from The Darden Graduate School of Business at the University of Virginia. He currently resides in Swarthmore, Pennsylvania with his wife and children. Key DSU administrator heads to Pa.
Key DSU administrator heads to Pennsylvania
A key administrator at Delaware State University has been named Slippery Rock University’s new vice president for finance and administration. The University is in Pennsylvania. SRU President Cheryl Norton made the appointment. “We are truly pleased Dr. Amir Mohammadi has accepted our offer, and we welcome him to the SRU family.His expertise and dedication to all facets of academic administration and academic life, along with his wealth of expertise not only in finance, but also in a broad array of higher education areas, including sustainability, made him an outstanding candidate. I look forward to working with him and have confidence he will provide the leadership that will allow Slippery Rock University to continue to serve as a model of ‘best practices’ in higher education.”
Mohammadi will join the university May 19. In addition to his work as executive vice president and treasurer, a post he held since July 2011, Mohammadi also serves as interim dean of the College of Business, controller of the Delaware State University Development Foundation, president of the Student Housing Foundation at DSU and was a founding board member and treasurer of the DSU Early College High School program. He helped negotiate the sale of the former Sheraton Dover Hotel to DSU for use as temporary students housing while dormitory renovations are made. A final use for the building has not been announced.
New CEO of Bryn Mawr Bank
Bryn Mawr Bank Corporation, parent of The Bryn Mawr Trust Company, announced a CEO succession plan and designated Francis J. Leto, as President and Chief Operating Officer (COO) of the bank and corporation effective May 1. Bryn Mawr has a bank branch and wealth management operations in northern Delaware.
On January 1, 2015, Leto will succeed Ted Peters as CEO of the bank and corporation, after Peters retires on December 31, 2014. Leto currently manages the Wealth Management Division of the bank and serves as General Counsel.
“An executive search committee, comprised of Board Members, was given the responsibility of finding an outstanding candidate to replace Ted Peters, retiring chairman and CEO. After an extensive search and vetting process we are pleased to announce that Frank Leto has accepted his new responsibilities with the bank and corporation. We are confident that Frank possesses the outstanding leadership and vision that made him uniquely qualified for this position,” said Andrea F. Gilbert, board member and chair of the Executive Search Committee.
The board has also announced their decision to establish a non-executive Chairman position effective with Peters’ retirement. Leto is a life-long resident of the Philadelphia area, attending The Episcopal Academy, Saint Joseph’s University and Widener Law School.
Under his leadership the Wealth Management Division’s assets under management, supervision, administration and brokerage have reached a record $7.3 billion. He has been a member of the board since 2002
. “I have had the pleasure of knowing Frank for more than 20 years and for the last twelve as a trusted and valued colleague. Frank has proven himself as a strong leader and strategic thinker. I have every confidence that the corporation will continue to thrive under his leadership,” said Peters.
Genesis ads senior executive
Genesis HealthCare, one of the nation’s largest providers of skilled nursing and rehabilitation, announced that it has named Jason H. Feuerman Senior Vice President for Strategic Development and Managed Care.
In this newly created position, Feuerman will be responsible for leading strategic development efforts at Genesis that provide innovative, effective solutions to the challenges presented in the constantly evolving healthcare industry. Genesis is based in Kennett Square, Pa. and operates nursing home and rehab centers in Delaware.
A 20-year veteran of the healthcare industry, Feuerman most recently served as Senior Vice President and President, Public Sector and Health Plan Division of ValueOptions, Inc. In that role, he managed ValueOptions public sector portfolio of state-sponsored programs that administer mental health and substance abuse benefits as well as ancillary services to Medicaid and indigent populations.
