WesBanco, Inc. Announces Chief Executive Officer Changes
July 21, 2023 at 04:16 pm EDT
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WesBanco, Inc. announced that Todd F. Clossin will retire from his position as Chief Executive Officer of the Company effective August 1, 2023, and Jeffrey H. Jackson, previously the Company?s Senior Executive Vice President and Chief Operating Officer, has been appointed to serve as the Company?s Chief Executive Officer as of August 1, 2023. In connection with Mr. Jackson?s appointment as President and Chief Executive Officer of the Company, Mr. Jackson also has been elected to the Company?s Board of Directors effective August 1, 2023. Mr. Clossin will continue as a member of the Company?s Board of Directors.
Wesbanco, Inc. is a bank holding company and a financial holding company. The Company offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The Company has two segments: community banking and trust and investment services. The community banking segment offers services traditionally offered by full-service commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The trust and investment services segment offers trust services as well as various alternative investment products including mutual funds. Its banking subsidiary, Wesbanco Bank, Inc., operates more than 190 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvania and West Virginia.