Wesbanco CEO Todd Clossin to retire Aug 1; COO Jeffrey Jackson named successor

WESBANCO INC

Todd Clossin retires as President & CEO effective Aug 1, 2023, moving up from prior Jan 1, 2024 target.
Jeffrey H. Jackson, SEVP & COO since Aug 2022, will succeed Clossin as President & CEO.
Jackson previously spent 14 years at First Horizon Bank, most recently EVP & COO of regional banking.
Clossin stays as Vice Chairman of Board and on Executive Committee after retirement.
Under Clossin's 10-year tenure, Wesbanco tripled assets and expanded from 3 to 6 states.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jeffrey H. Jackson

President and Chief Executive Officer

WSBC · WESBANCO INC

Effective: 2023-08-01
Filed: May 16, 2023, 7:59 PM ET

In connection with Mr. Clossin’s retirement, the Company intends to appoint Jeffrey H. Jackson, the Company’s Senior Executive Vice President & Chief Operating Officer, to serve as the Company’s President and Chief Executive Officer effective as of August 1, 2023.

Departed

Todd F. Clossin

President and Chief Executive Officer

WSBC · WESBANCO INC

Effective: 2023-08-01
Successor: Jeffrey H. Jackson
Filed: May 16, 2023, 7:59 PM ET

On May 16, 2023, Todd F. Clossin, President and Chief Executive Officer of Wesbanco, Inc. (the “Company”), informed the Company of his intention to retire from employment with the Company effective August 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey H. Jackson was appointed as President and Chief Executive Officer at WESBANCO INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

In connection with Mr. Clossin’s retirement, the Company intends to appoint Jeffrey H. Jackson, the Company’s Senior Executive Vice President & Chief Operating Officer, to serve as the Company’s President and Chief Executive Officer effective as of August 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd F. Clossin departed as President and Chief Executive Officer at WESBANCO INC.

Action: intention to retire
Role: President and Chief Executive Officer

Exact text from the filing

On May 16, 2023, Todd F. Clossin, President and Chief Executive Officer of Wesbanco, Inc. (the “Company”), informed the Company of his intention to retire from employment with the Company effective August 1, 2023.

View on SEC.gov

WESBANCO INC filing history →

Source: SEC EDGAR

accession 0000950170-23-022476

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