Wintrust Financial Corporation (NASDAQ: WTFC) has appointed two new members to its board of directors, effective October 1, 2025. Laura Kohl, Chief Information Officer at Morningstar, Inc., and David Richter, Managing Director at GCM Grosvenor, have joined the board, bringing the total number of members to 14.
Kohl, known for her extensive global business and technology expertise, leads the global technology strategy at Morningstar. Richter, on the other hand, serves as the investment committee chair for Grosvenor’s absolute return strategies and brings a wealth of experience in private credit and hedge fund management.
The addition of these two directors is expected to provide important counsel and oversight to Wintrust Financial's management as the company works to fulfill its mission of delivering exceptional customer experiences and creating value for shareholders. The company's president and CEO, Tim Crane, expressed a warm welcome to Kohl and Richter, and looks forward to 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 a range of financial services including residential mortgage origination, wealth management, and insurance premium financing, among others. Following these announcements, the company's shares moved -0.32%, and are now trading at a price of $131.18. For the full picture, make sure to review WINTRUST FINANCIAL CORP's 8-K report.
