Wintrust Financial Corporation (NASDAQ: WTFC) has recently announced the appointment of two new members to its board of directors * Laura Kohl, Chief Information Officer at Morningstar, Inc., and David Richter, Managing Director at GCM Grosvenor. These appointments are effective as of October 1, 2025. With the addition of Kohl and Richter, Wintrust Financial's board of directors now comprises a total of 14 members.
Kohl, who leads the global technology strategy at Morningstar, Inc., brings extensive global business and technology expertise to the board. On the other hand, Richter, as the Investment Committee Chair for Grosvenor's absolute return strategies, contributes his depth of experience in private credit and hedge fund management.
The company's Chairman of the Board, H. Patrick Hackett, Jr., expressed the board's pleasure in welcoming Kohl and Richter, emphasizing the importance of their unique perspectives in contributing to the vibrant dialogue of the well-rounded board.
Tim Crane, President and CEO of Wintrust Financial, highlighted the board's crucial role in providing counsel and oversight to management as the company strives to fulfill its mission of delivering exceptional customer experiences that create impact in communities and value for shareholders. Crane extended a warm welcome to Kohl and Richter on behalf of the management team, expressing anticipation for their contributions.
Wintrust Financial Corporation, a financial holding company with $69 billion in assets, operates more than 200 retail banking locations through 16 community bank subsidiaries in various market areas. The company also operates non-bank business units, providing services such as residential mortgage origination, wealth management, and commercial and life insurance premium financing. Following these announcements, the company's shares moved -0.58%, and are now trading at a price of $130.84. For the full picture, make sure to review WINTRUST FINANCIAL CORP's 8-K report.
