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WSFS Announces Randy Royther as Senior Vice President, Director of Interest Rate Hedging

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WSFS Bank, a subsidiary of WSFS Financial (Nasdaq: WSFS), has appointed Randy Royther as Senior Vice President, Director of Interest Rate Hedging. Reporting to Neil Orechiwsky, SVP and Managing Director of Capital Markets, Royther will lead the Interest Rate Derivatives team and drive business development efforts. His role involves expanding risk mitigation structuring capabilities and working with relationship bankers and customers.

Royther brings decades of experience in capital markets, having previously built and led teams at regional banks in the southeastern U.S., including South State Bank. He has also led fixed income portfolio management teams at major institutions. Royther holds a master's degree from Northwestern University and a bachelor's degree from the University of Colorado.

WSFS Bank, una filiale di WSFS Financial (Nasdaq: WSFS), ha nominato Randy Royther come Senior Vice President, Direttore della Copertura dei Tassi d'Interesse. Sotto la supervisione di Neil Orechiwsky, SVP e Managing Director dei Mercati di Capitale, Royther dirigerà il team delle Derivazioni sui Tassi d'Interesse e guiderà gli sforzi di sviluppo commerciale. Il suo ruolo implica l'espansione delle capacità di strutturazione per la mitigazione del rischio e la collaborazione con i banchieri di relazione e i clienti.

Royther porta con sé decenni di esperienza nei mercati di capitale, avendo precedentemente costruito e guidato team in banche regionali nel sud-est degli Stati Uniti, incluso South State Bank. Ha anche guidato team di gestione di portafoglio a reddito fisso presso importanti istituzioni. Royther possiede un master della Northwestern University e una laurea triennale dell'Università del Colorado.

WSFS Bank, una subsidiaria de WSFS Financial (Nasdaq: WSFS), ha nombrado a Randy Royther como Vicepresidente Senior, Director de Cobertura de Tasas de Interés. Reportando a Neil Orechiwsky, SVP y Director General de Mercados de Capital, Royther dirigirá el equipo de Derivados de Tasas de Interés y impulsará los esfuerzos de desarrollo comercial. Su rol implica expandir las capacidades de estructuración para la mitigación de riesgos y trabajar con banqueros de relaciones y clientes.

Royther aporta décadas de experiencia en mercados de capital, habiendo construido y dirigido previamente equipos en bancos regionales en el sureste de EE.UU., incluido South State Bank. También ha dirigido equipos de gestión de cartera de ingresos fijos en grandes instituciones. Royther tiene una maestría de la Universidad Northwestern y una licenciatura de la Universidad de Colorado.

WSFS 은행은 WSFS Financial (Nasdaq: WSFS)의 자회사로서 랜디 로이터를 수석 부사장, 금리 헤지 책임자로 임명했습니다. Neil Orechiwsky(SVP, 자본 시장 관리 이사)에게 보고하는 로이터는 금리 파생상품 팀을 이끌고 비즈니스 개발 노력을 주도합니다. 그의 역할은 리스크 완화 구조화 능력을 확장하고 관계 은행가 및 고객과 협력하는 것을 포함합니다.

로이터는 자본 시장에서의 수십 년의 경험을 보유하고 있습니다. 그는 SE 미국의 지역 은행에서 팀을 구성하고 이끌었던 경험이 있으며, South State Bank를 포함합니다. 그는 또한 주요 기관에서 고정 수익 포트폴리오 관리 팀을 이끌었습니다. 로이터는 Northwestern University에서 석사 학위를, Colorado 대학교에서 학사 학위를 취득했습니다.

WSFS Bank, une filiale de WSFS Financial (Nasdaq: WSFS), a nommé Randy Royther en tant que Vice-président senior, Directeur de la couverture des taux d'intérêt. Relevant de Neil Orechiwsky, SVP et Directeur général des marchés de capitaux, Royther dirigera l'équipe des produits dérivés de taux d'intérêt et mènera les efforts de développement commercial. Son rôle consiste à élargir les capacités de structuration pour la mitigation des risques et à travailler avec les banquiers de relations et les clients.

Royther apporte des décennies d'expérience sur les marchés de capitaux, ayant précédemment construit et dirigé des équipes dans des banques régionales du sud-est des États-Unis, y compris South State Bank. Il a également dirigé des équipes de gestion de portefeuille d'obligations dans de grandes institutions. Royther possède un master de l'Université Northwestern et un baccalauréat de l'Université du Colorado.

WSFS Bank, eine Tochtergesellschaft der WSFS Financial (Nasdaq: WSFS), hat Randy Royther zum Senior Vice President, Direktor für Zinsrisikomanagement ernannt. Er berichtet an Neil Orechiwsky, SVP und Managing Director der Kapitalmärkte, und wird das Team für Zinsderivate leiten und die Bemühungen zur Geschäftsentwicklung vorantreiben. Seine Rolle umfasst die Erweiterung der Risikominderungsstrukturierungskapazitäten sowie die Zusammenarbeit mit Beziehungbankern und Kunden.

Royther bringt Jahrzehnte an Erfahrung in den Kapitalmärkten mit, nachdem er zuvor Teams in regionalen Banken im Südosten der USA, einschließlich South State Bank, aufgebaut und geleitet hat. Er hat auch Teams für das Management von Anleihenportfolios in großen Institutionen geleitet. Royther hat einen Master-Abschluss der Northwestern University sowie einen Bachelor-Abschluss der University of Colorado.

Positive
  • Appointment of experienced leader Randy Royther to strengthen interest rate hedging capabilities
  • Expansion of risk mitigation structuring capabilities for customers
  • Enhancement of WSFS Bank's Capital Markets team expertise
Negative
  • None.

WILMINGTON, Del.--(BUSINESS WIRE)-- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce Randy Royther as Senior Vice President, Director of Interest Rate Hedging, reporting to Neil Orechiwsky, Senior Vice President and Managing Director of Capital Markets.

Royther will be responsible for leading the Interest Rate Derivatives team while driving business development efforts with relationship bankers and their Customers to expand the use of these important risk mitigation structuring capabilities.

“We’re excited to bring a leader of Randy’s capability into our Capital Markets team as his background enables him to deliver tremendous perspective and product expertise to our Customers,” said Orechiwsky. “WSFS Bank’s dedicated Capital Markets team works with borrowers that have interest rate exposures by developing risk management strategies in coordination with their banking teams. These innovative capabilities enable our borrowers to better manage their financing costs and risk tolerances. Randy brings decades of experience and broad markets knowledge to this important component of our credit offering.”

Royther will have responsibility for day-to-day sales and trading activities and will be primarily focused on liaising with Customer-facing bankers in the Commercial, Wealth, and Consumer divisions to provide product education, markets insights, and structuring expertise to internal and external audiences.

“I’m excited to be joining the already strong Interest Rate Derivatives team at WSFS where we have the capability to provide the full suite of lending and hedging solutions needed by borrowers along with best-in-class service,” said Royther.

Before joining WSFS, Royther built and led capital markets teams and interest rate hedging programs for several regional banks headquartered in the southeastern U.S., most recently with South State Bank in Charlotte, North Carolina. He has also led fixed income portfolio management teams at Bank of America and Bank of Montreal / Harris Bank after beginning his career on the trading floor of the Chicago Board Options Exchange.

Royther earned a master’s degree in finance and marketing from the Kellogg School of Management at Northwestern University and a bachelor’s degree in economics from the University of Colorado. Royther is a native of Colorado and now resides in King of Prussia, Pennsylvania.

About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of June 30, 2024, WSFS Financial Corporation had $20.7 billion in assets on its balance sheet and $84.9 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

Media Contact: Andrew Davison

(215) 309-1064

adavison@wsfsbank.com

Source: WSFS Financial Corporation

FAQ

What is Randy Royther's new position at WSFS Bank?

Randy Royther has been appointed as Senior Vice President, Director of Interest Rate Hedging at WSFS Bank.

What will be Randy Royther's main responsibilities at WSFS (Nasdaq: WSFS)?

Royther will lead the Interest Rate Derivatives team and drive business development efforts to expand risk mitigation structuring capabilities for WSFS customers.

What is Randy Royther's professional background before joining WSFS Bank?

Royther previously built and led capital markets teams and interest rate hedging programs for regional banks in the southeastern U.S., most recently with South State Bank. He has also led fixed income portfolio management teams at Bank of America and Bank of Montreal / Harris Bank.

How does Randy Royther's appointment benefit WSFS Bank's customers?

Royther's expertise will help WSFS Bank provide customers with enhanced risk management strategies, enabling borrowers to better manage their financing costs and risk tolerances.

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