WSFS Financial Corp. Announces Board and Executive Changes
Ticker: WSFS · Form: 8-K · Filed: Oct 28, 2024 · CIK: 828944
| Field | Detail |
|---|---|
| Company | Wsfs Financial Corp (WSFS) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: WSFS
TL;DR
WSFS board shakeup and exec comp changes announced.
AI Summary
WSFS Financial Corporation announced on October 24, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key personnel.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance and executive compensation updates, which typically carry low immediate risk.
Key Numbers
- 001-35638 — SEC File Number (Identifies the company's filing history with the SEC.)
- 22-2866913 — IRS Employer Identification Number (Unique identifier for tax purposes.)
Key Players & Entities
- WSFS Financial Corporation (company) — Registrant
- October 24, 2024 (date) — Date of Earliest Event Reported
- Delaware (location) — State of Incorporation
- 500 Delaware Ave (address) — Principal Executive Offices
- Wilmington (location) — City of Principal Executive Offices
- 19801 (zip_code) — Zip Code of Principal Executive Offices
- ( 302 ) 792-6000 (phone_number) — Registrant's Telephone Number
FAQ
What specific roles have seen departures or appointments?
The filing indicates changes related to the 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but specific names and roles are not detailed in this excerpt.
When was the earliest event reported in this filing?
The earliest event reported was on October 24, 2024.
What is WSFS Financial Corporation's state of incorporation?
WSFS Financial Corporation is incorporated in Delaware.
What is the principal executive office address?
The principal executive offices are located at 500 Delaware Ave, Wilmington, Delaware, 19801.
What are the main items covered by this 8-K filing?
The filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 600 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2024-10-28 16:08:14
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share WSFS Nasdaq Global Select Mar
Filing Documents
- wsfs-20241024.htm (8-K) — 25KB
- wsfswsfspressrelease-pro.htm (EX-99.1) — 5KB
- wsfswsfspressrelease-pro001.jpg (GRAPHIC) — 254KB
- wsfswsfspressrelease-pro002.jpg (GRAPHIC) — 75KB
- 0001628280-24-043941.txt ( ) — 607KB
- wsfs-20241024.xsd (EX-101.SCH) — 2KB
- wsfs-20241024_lab.xml (EX-101.LAB) — 21KB
- wsfs-20241024_pre.xml (EX-101.PRE) — 12KB
- wsfs-20241024_htm.xml (XML) — 3KB
01 Regulation FD Disclosures
Item 7.01 Regulation FD Disclosures On October 28, 2024, the Company issued a press release announcing the CCBO transition. A copy of the Company's press release is attached hereto as Exhibit 99.1. This information (including Exhibit 99.1) is being furnished under Item 7.01 hereof and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Other Exhibits
Item 9.01 Financial Statements and Other Exhibits (d) Exhibits. 99.1 Press release, dated October 28, 2024 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. WSFS FINANCIAL CORPORATION Date: October 28, 2024 By: /s/ David Burg David Burg Executive Vice President, Chief Financial Officer