On January 1, 2019, the previously announced appointments of Mark A. Turner, Chairman, President and Chief Executive Officer of WSFS Financial Corporation and WSFS Bank (collectively ‘WSFS'), as the Executive Chairman of the Boards of Directors of WSFS (the ‘Boards'), and Rodger Levenson, Executive Vice President and Chief Operating Officer of WSFS, as President and Chief Executive Officer of WSFS and a member of the Boards, each became effective. In connection with these appointments, Mr. Turner resigned as President and Chief Executive Officer of WSFS, effective December 31, 2018.