Wintrust Financial (WTFC) in Rosemont, Ill., has retooled the ranks at its Wheaton Bank & Trust.
Robert Paszczak, vice chairman at the $778 million-asset Wheaton, Ill., bank, was promoted to chairman, Wintrust said Monday. He succeeded Stacey Huels, who is stepping down from his role as Wheaton's chairman and chief executive to start a private equity firm. Huels, who will remain on Wheaton's board, has been the bank's chairman and CEO since 2004.
Pam Sharar-Stoppel, the bank's chief credit officer, was named its president, succeeding Robert Hutchinson, who will become president of Wintrust's Glen Ellyn Bank & Trust. Hutchinson has been Wheaton's president since 2006. Sharar-Stoppel, a former executive at JPMorgan Chase (JPM), has been Wheaton's chief credit officer for five years.
Sharar-Stoppel "has successfully led a major expansion of the commercial lending team and customer base, has been an integral part of the Wheaton team, and is highly regarded by her clients and peers," Huels said in a press release.
The $17.6 billion-asset Wintrust has 15 banks.