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WSFS Names Kate McGlinchey, Senior Vice President, Chief Compliance Officer

1. WSFS Bank appointed Kate McGlinchey as Chief Compliance Officer. 2. She will oversee compliance and risk management programs.

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Why Bullish?

Strong leadership in compliance may enhance WSFS's reputation and operational integrity. Historically, effective compliance leadership correlates with risk mitigation and improved market confidence.

How important is it?

The appointment of a Chief Compliance Officer is crucial for maintaining regulatory standards. It may build investor confidence and stabilize stock performance.

Why Short Term?

Immediate organizational changes in compliance can quickly influence investor sentiment. Positive initial reactions often occur with leadership appointments in key risk areas.

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CJPMBAC
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has named Kate McGlinchey as Senior Vice President, Chief Compliance Officer. Reporting to WSFS Executive Vice President and Chief Risk Officer, Christine Davis, McGlinchey will lead the design and execution of the bank's Compliance Management, Fraud, and Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs. Her responsibilities cover all risk areas of the organization,.

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