Wesbanco appoints Daniel K. Weiss as CFO effective Jan 1, 2022; Robert H. Young retires
WESBANCO INC
Robert H. Young, SEVP & CFO, retires Dec 31, 2021; will provide consulting Jan–Jun 2022.
Daniel K. Weiss appointed EVP & CFO effective Jan 1, 2022; previously SVP & CAO since Jan 2021.
Employment agreement provides minimum $325k base salary, bonus up to 75% of base, and severance of 6 months base (or greater of that or remainder of term).
Change in control agreement provides 2 times (highest base salary + greater of average bonus or current year bonus) on qualifying termination post-change.
Weiss, 39, is a CPA with 17 years experience; joined Wesbanco in 2008 from Deloitte.
the Company’s Board of Directors appointed Daniel K. Weiss as Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2022.
Departed
Robert H. Young
Senior Executive Vice President, Chief Financial Officer & Group Head – Finance
the retirement of Robert H. Young, Senior Executive Vice President, Chief Financial Officer & Group Head – Finance of Wesbanco, Inc. (the “Company”) will become effective on December 31, 2021.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Daniel K. Weiss was appointed as Executive Vice President and Chief Financial Officer at WESBANCO INC.
Action
appointed
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
the Company’s Board of Directors appointed Daniel K. Weiss as Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2022.
Robert H. Young departed as Senior Executive Vice President, Chief Financial Officer & Group Head – Finance at WESBANCO INC.
Action
retirement
Role
Senior Executive Vice President, Chief Financial Officer & Group Head – Finance
Exact text from the filing
the retirement of Robert H. Young, Senior Executive Vice President, Chief Financial Officer & Group Head – Finance of Wesbanco, Inc. (the “Company”) will become effective on December 31, 2021.
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