{"id":387147,"date":"2020-11-23T16:13:07","date_gmt":"2020-11-23T21:13:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387147"},"modified":"2020-11-23T16:13:07","modified_gmt":"2020-11-23T21:13:07","slug":"photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors\/","title":{"rendered":"Photo Release &#8212; WSFS Announces Nancy J. Foster Joins its Board of Directors"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">WILMINGTON, Del., Nov.  23, 2020  (GLOBE NEWSWIRE) &#8212; WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced the appointment of Nancy J. Foster, President and Chief Executive Officer of The Risk Management Association, to its Board of Directors, effective November 23, 2020. Foster will also serve on the Board\u2019s Executive Committee. She will stand for election at the 2021 Annual Meeting of Stockholders.<\/p>\n<p align=\"justify\">\u201cWe are grateful to have a leader with Nancy\u2019s broad range of experience in commercial banking, risk management and lending, as well as her significant expertise in business transformation join our Board of Directors. She will be an immediate asset to WSFS as we continue our strategic growth,\u201d said Rodger Levenson, WSFS\u2019 Chairman, President and Chief Executive Officer. \u201cPeriodically adding Board Directors is consistent with our ongoing philosophy of refreshment with the objective of bringing new ideas, perspectives and business acumen to complement the Board.\u201d<\/p>\n<p align=\"justify\">Foster has served as President and CEO of The Risk Management Association since 2018, where she has worked with the board, chapters, regulators and institutional members to advance sound risk management practices among the 100-year-old association\u2019s more than 1,900 financial institutions, which collectively represent 85 percent of bank assets in the U.S. and Canada. Foster has nearly forty years of experience in commercial banking and risk management.<\/p>\n<p align=\"justify\">Prior to joining The Risk Management Association, Foster was Executive Vice President, Chief Risk Officer and Head of Personal Financial Services at Park Sterling Bank. She was previously Chief Risk Officer of CIT Group, Inc., where she was responsible for global, enterprise-wide risk management. Prior to joining CIT, Foster was Group Senior Vice President at LaSalle Bank Corporation. During her tenure at LaSalle, she held several roles of increasing responsibility in middle market lending and credit risk management.<\/p>\n<p align=\"justify\">Foster received her master\u2019s degree in business administration in finance and strategy from the University of Chicago Booth School of Business and her bachelor\u2019s degrees in finance and economics from Illinois State University.<\/p>\n<p>\n        <strong>About WSFS Financial Corporation<br \/><\/strong>WSFS Financial Corporation\u00a0is a multi-billion-dollar financial services company. Its primary subsidiary,\u00a0WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in\u00a0Delaware\u00a0and the greater\u00a0Philadelphia\u00a0region. As of\u00a0September\u00a030, 2020,\u00a0WSFS Financial Corporation\u00a0had\u00a0$13.8 billion\u00a0in assets on its balance sheet and\u00a0$23.1 billion\u00a0in assets under management and administration. WSFS operates from 115 offices, 90 of which are banking offices, located in\u00a0Pennsylvania\u00a0(54),\u00a0Delaware\u00a0(43),\u00a0New Jersey\u00a0(16),\u00a0Virginia\u00a0(1) and\u00a0Nevada\u00a0(1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect<sup>\u00ae<\/sup>,\u00a0Cypress Capital Management, LLC,\u00a0Christiana Trust Company of Delaware, NewLane Finance, Powdermill Financial Solutions,\u00a0West Capital Management, WSFS Institutional Services<sup>\u00ae<\/sup>, WSFS Mortgage, and WSFS Wealth Investments. Serving the greater\u00a0Delaware Valley\u00a0since 1832,\u00a0WSFS Bank\u00a0is one of the ten oldest banks in\u00a0the United States\u00a0continuously operating under the same name. For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Tet7H7F9NDdIt_54gWnjTm_CbPrt8orqiX6lzMlYDJ7Rf8XD3HLCkT5yxfFPUMRr2FBH7zsczkC1tAIiUI82iw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.wsfsbank.com<\/a>.<\/p>\n<p>\n        <strong>Investor Relations Contact:<\/strong> Dominic C. Canuso <br \/>(302) 571-6833<br \/>dcanuso@wsfsbank.com<\/p>\n<p>\n        <strong>Media Contact:<\/strong> Rebecca Acevedo<br \/>(215) 253-5566<br \/>racevedo@wsfsbank.com<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4F358LXozDA7TGi37AsJuw2pNAuwWIPxgdDKX1xrHRwyXfZWk5O2hKGoRykiUUW6rQTl0uHZi5LqMj2f1i7OoRo1efyIJCqR2cSjjSat5C6PqaxflAxW9rhTUz1KDUjnv6mni24wdbJ0lAxqXeHB0wOrbpesmByLQ3QKWwJ5kjFocr5dnIAxIziY3ojKL0izlGwBsi23VgJUqCj7Kuhg49BRpjpBVHwS9ByU0fZOrbkFItVJBKS37PAreNlbxWH_oeC04Pt6A3osSWKr5w1cCQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/9acb2a29-f795-4370-84f3-8532c787f6d5<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTA1NiMzODQwODA4IzIwMTg5MzE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/efd0d1fe-adf5-4563-be75-83b88c7b5765\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WILMINGTON, Del., Nov. 23, 2020 (GLOBE NEWSWIRE) &#8212; WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced the appointment of Nancy J. Foster, President and Chief Executive Officer of The Risk Management Association, to its Board of Directors, effective November 23, 2020. Foster will also serve on the Board\u2019s Executive Committee. She will stand for election at the 2021 Annual Meeting of Stockholders. \u201cWe are grateful to have a leader with Nancy\u2019s broad range of experience in commercial banking, risk management and lending, as well as her significant expertise in business transformation join our Board of Directors. She will be an immediate asset to WSFS as we continue our strategic growth,\u201d said Rodger Levenson, WSFS\u2019 Chairman, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Photo Release &#8212; WSFS Announces Nancy J. Foster Joins its Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387147","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Photo Release - WSFS Announces Nancy J. Foster Joins its Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Photo Release - WSFS Announces Nancy J. Foster Joins its Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WILMINGTON, Del., Nov. 23, 2020 (GLOBE NEWSWIRE) &#8212; WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced the appointment of Nancy J. Foster, President and Chief Executive Officer of The Risk Management Association, to its Board of Directors, effective November 23, 2020. Foster will also serve on the Board\u2019s Executive Committee. She will stand for election at the 2021 Annual Meeting of Stockholders. \u201cWe are grateful to have a leader with Nancy\u2019s broad range of experience in commercial banking, risk management and lending, as well as her significant expertise in business transformation join our Board of Directors. She will be an immediate asset to WSFS as we continue our strategic growth,\u201d said Rodger Levenson, WSFS\u2019 Chairman, &hellip; Continue reading &quot;Photo Release &#8212; WSFS Announces Nancy J. Foster Joins its Board of Directors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T21:13:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTA1NiMzODQwODA4IzIwMTg5MzE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/photo-release-wsfs-announces-nancy-j-foster-joins-its-board-of-directors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Photo Release &#8212; WSFS Announces Nancy J. 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