secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2024-05-21T23:59:59+00:00
Accession:  0001628280-24-024544
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS appoints David Burg as CFO effective Aug 15, promotes Bacci to COO and Hopkins to Wealth Officer
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- David Burg named EVP and CFO, effective August 15, 2024; previously Citigroup executive.
- Burg receives base salary of $575,000, sign-on bonus of $575,000, and RSU/PSU grants totaling over $1.4M.
- Arthur J. Bacci promoted to EVP and COO, succeeding interim CFO role; base salary raised to $597,000.
- Jamie P. Hopkins promoted to EVP and Chief Wealth Officer, leading Wealth management segment.
- Leadership changes aim to support next phase of growth and succession planning.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000162828024024544/0001628280-24-024544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000162828024024544/wsfs-20240521.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-024544

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer