Canuso named CFO at WSFS

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WSFS branchWSFS Financial Corporation   announced that Dominic C. Canuso will join the company as Executive Vice President and Chief Financial Officer effective June 13.

Canuso most recently served as Senior Director of Finance at Barclaycard US and prior to that served as Director of Finance and Corporate Planning, Strategy and Analysis at Advanta Corporation. Prior to joining Advanta,   Canuso served as a Strategy, Finance and Economic Consultant for Arthur Andersen LLP.

“Dominic is a progressive, strategic, broad-based finance executive with the ability to significantly contribute to WSFS’ commitment to high-performance,” said Mark A. Turner, President and CEO of WSFS Bank. “We are excited to welcome Dominic to the WSFS Bank leadership team.”

As a member of the senior management team at Barclaycard, the fastest-growing top 10 credit card issuer in the United States,   Canuso was responsible for corporate and business forecasting, planning and analysis (FP&A), balance sheet management, strategic planning and business performance analysis. In addition, he designed and led governance around the creation of a new deal approval process and committee which analyzed and evaluated acquisition and partnership opportunities.

“I am extremely excited and honored to be joining a team with such a breadth of experience, spirit of innovation and culture of collaboration,” said  Canuso. “The unwavering focus on associates, customers, community and owners is exemplary and I look forward to supporting the organization on its continued journey of high-performance.”

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A Philadelphia,  native,   Canuso is a 1998 graduate of Villanova University. He earned his Executive MBA from Villanova University in 2006. Mr. Canuso is a charter holder and member of the Chartered Financial Analyst (CFA) Institute.  Canuso resides with his family in Delaware County, PA.

Rodger Levenson, who previously served as Chief Commercial Banking Officer and for the last 13- months has served as interim Chief Financial Officer, will continue in his role as Executive Vice President, Chief Corporate Development Officer.

WSFS previously named a financial executive to the post of CFO. However, a  serious accident involving family members led to a decision to not take the post.

Levenson will lead cross-functional teams that evaluate, negotiate and integrate mergers, acquisitions, divestitures and large capital transactions with an emphasis on growing WSFS’ fee revenues.   Levenson joined the WSFS Executive Team in 2006 and has more  25 years of experience in senior level leadership positions.

Steve Clark, currently Senior Vice President, interim Chief Commercial Banking Officer since March 2015, will permanently assume the role of Executive Vice President, Chief Commercial Banking Officer. Clark has been with WSFS since 2002 in several leadership roles; prior to 2002, he spent 23 years in various commercial banking positions at PNC Bank and its predecessor companies.

 

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