8-K filed January 30, 2023, 6:59 PM ET ticker WTFC CIK 0001015328

leadership confidence high sentiment neutral materiality 0.75

Wintrust appoints Timothy S. Crane as CEO effective May 1, 2023; Wehmer becomes Executive Chairman

WINTRUST FINANCIAL CORP

Tim Crane named CEO effective May 1, 2023; appointed to Board immediately; Wehmer to step down as CEO.
Wehmer to serve as Executive Chairman through May 23, 2024, then as Founder & Senior Advisor through Dec 31, 2026.
Board increased size from 13 to 14 directors to accommodate Crane's appointment.
Crane's 2023 compensation: $1M base, STIP target 125% ($1.25M), LTIP target 275% ($2.75M).
Wehmer receives $12M Transition Award payable in equal monthly installments over 36 months starting May 1.

item 5.02 item 5.03 item 7.01 item 9.01

Executive movements

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

Appointed

Timothy S. Crane

Chief Executive Officer

WTFC · WINTRUST FINANCIAL CORP

Effective: 2023-05-01
Filed: January 30, 2023, 6:59 PM ET

appointed Timothy S. Crane, currently the Company’s President, as Chief Executive Officer of the Company, effective May 1, 2023

Appointed

Timothy S. Crane

Director

WTFC · WINTRUST FINANCIAL CORP

Effective: 2023-01-26
Filed: January 30, 2023, 6:59 PM ET

the Board appointed Mr. Crane as a director of the Company, effective immediately.

Role change

H. Patrick Hackett, Jr.

non-executive Chairman and Lead Independent Director

WTFC · WINTRUST FINANCIAL CORP

Effective: 2023-05-01
Filed: January 30, 2023, 6:59 PM ET

H. Patrick Hackett, Jr. will continue to serve as non-executive Chairman of the Board and will have the additional title of Lead Independent Director as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy S. Crane was appointed as Chief Executive Officer at WINTRUST FINANCIAL CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

appointed Timothy S. Crane, currently the Company’s President, as Chief Executive Officer of the Company, effective May 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy S. Crane was appointed as Director at WINTRUST FINANCIAL CORP.

Action: appointed
Role: Director

Exact text from the filing

the Board appointed Mr. Crane as a director of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

H. Patrick Hackett, Jr. changed role as non-executive Chairman and Lead Independent Director at WINTRUST FINANCIAL CORP.

Action: continues as non-executive Chairman and added title of Lead Independent Director
Role: non-executive Chairman and Lead Independent Director

Exact text from the filing

H. Patrick Hackett, Jr. will continue to serve as non-executive Chairman of the Board and will have the additional title of Lead Independent Director as of the Effective Date.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

WINTRUST FINANCIAL CORP: Increased the size of the Board from thirteen (13) to fourteen (14) directors (effective 2023-01-26).

Change: bylaw amendment
Effective: 2023-01-26

Exact text from the filing

On January 26, 2023, the Board amended the Company’s Amended and Restated By-Laws, effective immediately. The amendment increases the size of the Board from thirteen (13) to fourteen (14) directors.

View on SEC.gov

84 governance changes filed in the last 30 days. Browse all governance changes →

WINTRUST FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-23-007726

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