Wintrust Financial Expands Board with New Executive Appointments
Welcoming New Members to the Board of Directors
Today, Wintrust Financial Corporation (NASDAQ: WTFC) has exciting news as it announces the addition of two accomplished professionals to its Board of Directors. The newly appointed members are Laura Kohl, who serves as the Chief Information Officer at Morningstar, Inc., and David Richter, the Managing Director of GCM Grosvenor. Their appointments become effective from October 1, 2025, further strengthening the board's diverse expertise.
Profiles of the New Board Members
Laura Kohl joins Wintrust with a wealth of global business and technological insights, having accumulated significant experience across various industries. At Morningstar, she directs the global technology strategy, a position that underscores her capability to navigate complex technological landscapes.
On the other hand, David Richter brings with him a solid background in investment management. As the Investment Committee Chair for Grosvenor’s Absolute Return Strategies, his profound understanding of private credit and hedge fund management will contribute significantly to the board's discussions and strategies.
Leadership Statements and Vision
“We are pleased to welcome Laura and David to our board,” expressed H. Patrick Hackett, Jr., Chairman of the Board at Wintrust Financial. He further emphasized the dynamic nature of the financial services industry and the value that these new perspectives will add to the board's ongoing conversations.
Tim Crane, the President and Chief Executive Officer of Wintrust, also shared his enthusiasm during the announcement. He stated, “Our board provides crucial counsel and oversight to management as we strive to deliver an outstanding customer experience that makes a difference in our communities and creates value for our shareholders.” This statement reflects Wintrust's commitment to excellence and community involvement.
Growth of the Board
The inclusion of Laura Kohl and David Richter raises the total number of members on Wintrust Financial's Board of Directors to 14, fostering a variety of viewpoints that are essential for strategic decision-making.
The company reaffirms its commitment to enhancing customer experiences and delivering impressive results for its shareholders. The collective expertise of the board aims to navigate the challenges inherent in the financial sector while staying focused on community engagement.
About Wintrust Financial Corporation
Wintrust Financial is recognized as a prominent financial holding company, managing impressive assets totaling $69 billion. Known for trading on the NASDAQ Global Select Market, Wintrust adheres to its guiding principle of a “Different Approach, Better Results.” This philosophy allows the company to offer a combination of the sophisticated resources typical of larger banks while ensuring a personalized community banking experience.
The organization operates more than 200 retail banking locations, which span across 16 community bank subsidiaries. These banking services are strategically positioned in various market areas, including regions in the greater Chicago area, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida. In addition to traditional banking, Wintrust also runs various non-bank business units, including residential mortgage origination and wealth management services.
To learn more about their extensive offerings, individuals are encouraged to explore their website for detailed insights into their services.
Contact Information
For further inquiries, Amy Yuhn can be contacted at the following:
Phone: 847-939-9591
Mobile: 312-218-2364
Email: ayuhn@wintrust.com
Frequently Asked Questions
What positions were Laura Kohl and David Richter appointed to?
They have been appointed as members of Wintrust Financial's Board of Directors.
When will their appointments take effect?
Their appointments will be effective from October 1, 2025.
What is the total number of board members at Wintrust Financial now?
With the new appointments, the total number of members on the board is now 14.
What is Wintrust Financial known for?
Wintrust Financial is recognized as a financial holding company providing various banking and financial services while promoting a community banking experience.
How can I learn more about Wintrust Financial's services?
For more information regarding their offerings, you can visit their official website.
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