WSFS Financial Corporation Welcomes Owen Mathews as Officer

WSFS Financial Corporation Welcomes Owen Mathews

WSFS Financial Corporation (Nasdaq: WSFS), parent company of WSFS Bank, is excited to announce the appointment of Owen Mathews as Corporate Development Officer. In this role, Owen will report directly to Arthur Bacci, the Executive Vice President and Chief Operating Officer. This strategic addition to the team reflects WSFS's commitment to fostering talent and ambition within the company.

Owen Mathews' Career and New Role

Having dedicated nearly 18 years to WSFS, Mathews brings a wealth of experience to his new position. His history with the company includes pivotal roles in both Commercial Banking and Corporate Treasury, where he has honed his skills and increased his responsibilities over time. Most recently, he served as Senior Vice President and Investment Portfolio Manager, showcasing his ability to manage and guide complex financial portfolios.

Driving Growth and Development

In his capacity as Corporate Development Officer, Owen will play a crucial role in promoting growth through mergers and acquisitions, strategic partnerships, and other initiatives aligned with WSFS's long-term strategic goals. This appointment is not just about filling a position; it embodies WSFS's vision of navigating the company toward future opportunities, ensuring sustained growth.

Leadership Vision

Arthur Bacci articulated the importance of this transition, stating, “This move reflects WSFS’ continued investment in talent development and interest in exploring opportunities consistent with our strategic plan.” The emphasis on homegrown talent underlines the company's belief in nurturing its employees' potentials and leveraging their insights for the company’s growth.

About WSFS Financial Corporation

WSFS Financial Corporation is a significant player in the financial services sector, with its most notable subsidiary being WSFS Bank. As the oldest and largest locally headquartered bank in the Greater Philadelphia and Delaware region, WSFS Bank has built a substantial presence since its inception in 1832. The corporation has seen remarkable growth, amassing approximately $20.9 billion in assets and managing $87.2 billion in overall assets. With a network of 114 offices, including 88 banking locations, WSFS focuses on providing diverse financial services such as commercial banking, consumer banking, and wealth management.

Commitment to Community

WSFS remains deeply committed to serving the Greater Delaware Valley. Their expansion and operational strategies not only aim to enhance customer service but also to foster economic growth in the regions they serve. The company emphasizes the importance of understanding community needs and adapting its services accordingly, reinforcing its reputation as a trusted financial partner.

Frequently Asked Questions

Who is Owen Mathews?

Owen Mathews is a seasoned professional with nearly 18 years of experience at WSFS, now serving as the Corporate Development Officer.

What does the Corporate Development Officer do?

This role focuses on driving growth through strategic initiatives like mergers, partnerships, and acquisitions.

What is WSFS Financial Corporation?

WSFS Financial Corporation is a significant financial services provider known for its long-standing history and diverse range of banking services.

How has WSFS evolved over the years?

WSFS has continuously adapted and expanded its services and assets, maintaining a strong community focus while fostering growth.

Where is WSFS Bank located?

WSFS Bank operates numerous offices across Pennsylvania, Delaware, New Jersey, Florida, Nevada, and Virginia.

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