Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook 
NY Times Challenges Trump Administration Subpoenas Over Air Force One Report 
Stripe, Advent Offer Over $53 Billion to Acquire PayPal in Major Fintech Deal 
Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan 
Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks 
DeepSeek Eyes China IPO as AI Startup Seeks $71 Billion Valuation in New Funding Round 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally 
Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy 
Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside 
Stripe, Advent Offer $53 Billion Deal to Acquire PayPal: Reuters 
Uber to Acquire Delivery Hero in $14.8 Billion Deal to Expand Global Food Delivery Business 
Volkswagen Launches €28,000 ID. Cross EV as Europe’s Electric Vehicle Demand Accelerates 
Apple Intelligence China Approval Lifts Alibaba and Baidu Shares 
Richemont Q1 Sales Beat Forecast as Cartier Demand Drives Strong Growth 
DBS Targets S$1 Trillion Wealth AUM by 2030 Amid Asia Wealth Boom 
SEB Q2 Profit Rises on Strong Lending, Record Fee Income, Announces New Share Buyback 
WILMINGTON, Del., Jan. 27, 2016 -- WSFS Financial Corporation (NASDAQ:WSFS), the parent company of WSFS Bank, today announced that they are resuming their 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.
As previously reported, members of Mr. Thompson’s immediate family were involved in a serious auto accident. A recent medical prognosis has indicated that full recovery will be difficult and prolonged, leading to the need for Kevin 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.
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.
About WSFS Financial Corporation
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. As of December 31, 2015, WSFS operates from 63 offices located in Delaware (44), Pennsylvania (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Christiana Trust, WSFS Wealth Investments, Cypress Capital Management, LLC, Cash Connect®, Array Financial and Arrow Land Transfer. Serving the Delaware Valley since 1832, WSFS Bank is the seventh oldest bank in the United States continuously operating under the same name. For more information, please visit wsfsbank.com.
Investor Relations Contact: Rodger Levenson (302) 571-7296 [email protected] Media Contact: Cortney Klein (302) 571-5253 [email protected]
