Exit Strategy

Exit Strategy

April 17, 2019, Bank Director

Rusty Conner is quoted in Bank Director regarding the potential succession of WSFS’s CEO. Mr. Conner says, “It’s picture perfect from the standpoint of how it should be handled.” He says that allows all essential parties the chance to prepare and make thoughtful decisions about the succession process. “It’s a combination of the board asking questions annually, being a part of assessing the overall challenges of the organization and developing a program with the CEO to make sure that younger management officials have the opportunity to develop the expertise they need to assume the position of the CEO. It’s a multifaceted approach to developing something on a timely basis,” he adds.