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WSFS Bank Announces Promotion of James J. Wechsler to Executive Vice President, Chief Commercial Banking Officer

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WSFS Bank has announced the promotion of James (Jim) Wechsler to Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025. Wechsler will join the Executive Leadership Team, reporting to Art Bacci, and will oversee Commercial & Industrial Banking, Commercial Real Estate, Treasury Management, Capital Markets and Equipment Finance. He succeeds Steve Clark, who will transition to a Senior Advisor role. Wechsler, who joined WSFS in 2010, previously served as Chief Operating Officer, Commercial Banking, and has held various senior roles within the organization.

WSFS Bank ha annunciato la promozione di James (Jim) Wechsler a Vicepresidente Esecutivo, Chief Commercial Banking Officer, con effetto dal 1° gennaio 2025. Wechsler entrerà a far parte del Team di Leadership Esecutiva, rispondendo ad Art Bacci, e superviserà il Settore Bancario Commerciale e Industriale, il Settore Immobiliare Commerciale, la Gestione della Tesoreria, i Mercati di Capitale e il Finanziamento delle Attrezzature. Succede a Steve Clark, che passerà a un ruolo di Consulente Senior. Wechsler, che è entrato nel WSFS nel 2010, ha precedentemente ricoperto il ruolo di Chief Operating Officer nel settore Bancario Commerciale e ha ricoperto vari ruoli senior all'interno dell'organizzazione.

WSFS Bank ha anunciado la promoción de James (Jim) Wechsler a Vicepresidente Ejecutivo, Director de Banca Comercial, con efecto a partir del 1 de enero de 2025. Wechsler se unirá al Equipo de Liderazgo Ejecutivo, reportando a Art Bacci, y supervisará la Banca Comercial e Industrial, Bienes Raíces Comerciales, Gestión de Tesorería, Mercados de Capital y Financiación de Equipos. Sucede a Steve Clark, quien pasará a un rol de Asesor Senior. Wechsler, quien se unió a WSFS en 2010, anteriormente se desempeñó como Jefe de Operaciones de Banca Comercial y ha ocupado varios roles senior dentro de la organización.

WSFS 뱅크는 제임스(짐) 웨흐슬러를 전무이사, 상무은행총괄책임자로 승진시켰다고 발표했습니다. 이는 2025년 1월 1일부터 발효됩니다. 웨흐슬러는 아트 바치에게 보고하며 집행 리더십 팀에 합류하고, 상업 및 산업 은행, 상업용 부동산, 자산 관리, 자본 시장 및 장비 재무를 감독할 예정입니다. 그는 스티브 클락의 뒤를 이어 역할을 맡게 되며, 스티브 클락은 수석 고문으로 전환될 것입니다. 2010년에 WSFS에 합류한 웨흐슬러는 이전에 상업은행의 운영 책임자로 일했으며 조직 내 여러 고위직을 역임했습니다.

WSFS Bank a annoncé la promotion de James (Jim) Wechsler au poste de Vice-Président Exécutif, Responsable de la Banque Commerciale, à compter du 1er janvier 2025. Wechsler rejoindra l'Équipe de Direction Exécutive, sous la direction d'Art Bacci, et supervisera la Banque Commerciale et Industrielle, l'Immobilier Commercial, la Gestion de Trésorerie, les Marchés de Capitaux et le Financement des Équipements. Il succède à Steve Clark, qui passera à un rôle de Conseiller Senior. Wechsler, qui a rejoint WSFS en 2010, a précédemment occupé le poste de Directeur des Opérations, Banque Commerciale, et a exercé diverses fonctions de direction au sein de l'organisation.

WSFS Bank hat die Beförderung von James (Jim) Wechsler zum Exekutiv-Vizepräsidenten, Chief Commercial Banking Officer, mit Wirkung zum 1. Januar 2025, bekannt gegeben. Wechsler wird dem Exekutivführungsteam beitreten, dem Art Bacci berichtet, und wird die Bereiche Gewerbliche und Industrielle Banken, Gewerbliche Immobilien, Treasury-Management, Kapitalmärkte und Gerätefinanzierung überwachen. Er folgt auf Steve Clark, der in eine Rolle als Senior Advisor wechseln wird. Wechsler, der 2010 zu WSFS kam, war zuvor Chief Operating Officer im Bereich Commercial Banking und hat verschiedene leitende Positionen in der Organisation innegehabt.

Positive
  • Strategic succession planning implemented with smooth leadership transition
  • Internal promotion demonstrates strong talent development pipeline
  • Incoming executive has diverse experience across multiple banking divisions
  • Retention of previous leader in advisory role ensures continuity
Negative
  • None.

WILMINGTON, Del.--(BUSINESS WIRE)-- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that James (Jim) Wechsler has been named Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025. In his new role, Wechsler will join the Executive Leadership Team, reporting to Art Bacci, Executive Vice President and Chief Operating Officer and oversee Commercial & Industrial Banking, Commercial Real Estate, Treasury Management, Capital Markets and Equipment Finance. Wechsler will assume the role as Steve Clark steps into a new role of Senior Advisor focused on business development, relationship management, and leadership support as part of WSFS’ succession planning.

“Jim is a respected leader with diverse experience in leadership roles at WSFS,” said Rodger Levenson, WSFS Chairman, President and CEO. “His collaborative working style and leadership skills coupled with his deep industry knowledge and ability to lead the growth of our Commercial Division make him an ideal fit for this role.” He added, “Jim’s promotion reflects our focus on overall talent development, having spent the majority of his career at WSFS, as well as our commitment to thoughtful and continual executive management succession planning.”

Levenson added, “Jim and Steve have worked closely for several years and will continue to do so to support a smooth leadership transition. We’d like to thank Steve for his 45 years, including 22 years at WSFS, of dedicated service to our industry and his Clients. Steve has left an indelible mark on our Company and our region’s economy, and we are all better off because of his efforts. We look forward to his continued guidance as he moves into the Senior Advisor role.”

Wechsler joined WSFS in 2010 and most recently held the role of Chief Operating Officer, Commercial Banking. He has also held various senior roles at WSFS, including leading Corporate Development, Strategic Planning, Consumer Lending, and Small Business Banking. Wechsler received a B.S. in Finance from University of Delaware and an M.B.A. in Finance and Strategic Management from Villanova University. He serves on the Board of the Bryn Mawr Hospital Foundation, JFCS of Greater Philadelphia, and was a Director of locally-based home equity lending company, Spring EQ, until its successful sale in 2023. He is a Delaware Valley native and resides in Newtown Square, PA with his wife and their two children.

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 September 30, 2024, WSFS Financial Corporation had $20.9 billion in assets on its balance sheet and $87.2 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.

Investor Relations: Andrew Basile

(302) 504-9857

abasile@wsfsbank.com

Media: Kyle Babcock

(215) 864-1795

kbabcock@wsfsbank.com

Source: WSFS Financial Corporation

FAQ

When will James Wechsler become EVP and Chief Commercial Banking Officer at WSFS Bank?

James Wechsler will assume the role of Executive Vice President and Chief Commercial Banking Officer at WSFS Bank effective January 1, 2025.

What positions will James Wechsler oversee at WSFS Bank?

Wechsler will oversee Commercial & Industrial Banking, Commercial Real Estate, Treasury Management, Capital Markets and Equipment Finance.

Who is James Wechsler replacing at WSFS Bank?

Wechsler is replacing Steve Clark, who is transitioning to a new role as Senior Advisor focused on business development, relationship management, and leadership support.

How long has James Wechsler been with WSFS Bank?

James Wechsler joined WSFS Bank in 2010 and has held various senior roles including Chief Operating Officer, Commercial Banking.

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WILMINGTON