WTFC - Wintrust to appoint Timothy S. Crane as CEO

• Wintrust Financial ( NASDAQ: WTFC ) had announced the planned transition of the CEO role.

• The company's President, Timothy S. Crane will assume the additional role of CEO, effective May 1, 2023, succeeding Edward J. Wehmer, who will continue to serve as Founder and CEO through April 30, 2023.

• Crane also has been appointed to the company Board of Directors effective immediately.

• Tim Crane joined the company in 2008 and has served as President since January, 2020.

• Wehmer will continue to serve on the Board of Directors and will assume the role of Executive Chairman through May 23, 2024 and will then serve as Founder and Senior Advisor through December 31, 2026.
• H. Patrick Hackett, Jr., the current non-executive Chairman of the WTFC Board of Directors, will continue to serve in that role and will assume the additional title of Lead Independent Director.
• In addition, David A. Dykstra and Richard B. Murphy will continue in their current Vice Chair roles, as key senior leaders of the Wintrust enterprise.

For further details see: