WSFS Financial Corporation announced a resumption in the search for a new Chief Financial Officer. Kevin L. Thompson, who was recently named Chief Financial Officer, has decided to remain with his family in Utah and will not be joining the company.
Members of Thompson’s immediate family were involved in a serious auto accident. A recent prognosis indicated that full recovery will be difficult and prolonged, leading to the need for Thompson to remain close to his family.
“WSFS understands and applauds Kevin’s decision to put his family first during this difficult time, and wishes him and his family the very best,” a company release stated.
Rodger Levenson, Executive Vice President and Chief Corporate Development Officer, who previously served as Chief Commercial Banking Officer, will continue to serve as the interim Chief Financial Officer.
WSFS Financial Corporation is a multi-billion dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest, locally-managed bank and trust company headquartered in Delaware and the Delaware Valley. As of December 31, 2015, WSFS Financial Corporation had $5.6 billion in assets on its balance sheet and $13.2 billion in fiduciary assets, including approximately $1.2 billion in assets under management.