... In other news from the region, Mike Paul returned to banking after a stint as VP of financial services for a healthcare company in Portland, Ore. Paul, the founding CEO of Commerce Bank in Oregon and a former Umpqua executive, was lured back into the industry by the $100 million-asset Plaza Bank in Seattle, where he is now president and CEO.
Promoted From Within
Sometimes you look all over and find what you need right in front of you.
So it went for WSFS Financial in Wilmington, Del. And happily so. Its $4.3 billion-asset bank unit appointed Mark A. Gordon as the new director of private banking in the wealth management division after a search that involved both internal and external candidates.
He succeeds Helen Zumsteg, who retired after 35 years in banking, the last 11 of which she spent leading the private banking business. Gordon has been with the bank since 2007, working with middle market customers as a vice president in commercial banking. He previously led a private banking team in Greenville, Del., for Mellon Financial and worked as a financial adviser at Merrill Lynch.
"It means a lot to us at WSFS to promote from within and to offer career paths that allow us to grow our own leaders," says Paul D. Geraghty, the chief wealth officer.