WSFS Financial in Wilmington, Del., has its first new chairman in 25 years.
The $6.8 billion-asset company said in a press release Thursday that Mark Turner had been elected to succeed Marvin Schoenhals. Turner is the company’s president and CEO.
Schoenhals, who stepped down as WSFS Financial’s president and CEO in 2007, will remain on its board.
The change “aligns with the board renewal process that began in 2011 to consistently refresh and rotate the board, its committees and leadership with new talent and perspectives,” Schoenhals said in the release.
The company also said that Rodger Levenson, its chief corporate development officer, had become its chief operating officer. Levenson has also served as the interim chief financial officer and chief commercial banking officer.