-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JznIRBV0KFckzJnln12wCaejMElW1b4iG1pf556RM4drfXLEcuNYzHBIPcQpK9vT +sYJ0COLD3U+C/JN2rT4yA== 0000946275-04-000816.txt : 20040826 0000946275-04-000816.hdr.sgml : 20040826 20040826150031 ACCESSION NUMBER: 0000946275-04-000816 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040823 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040826 DATE AS OF CHANGE: 20040826 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WSFS FINANCIAL CORP CENTRAL INDEX KEY: 0000828944 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 222866913 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16668 FILM NUMBER: 04998741 BUSINESS ADDRESS: STREET 1: 838 MARKET ST CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 3027926000 MAIL ADDRESS: STREET 1: 838 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER COMPANY: FORMER CONFORMED NAME: STAR STATES CORP DATE OF NAME CHANGE: 19920703 8-K 1 f8k_082304-0312.txt FORM UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 23, 2004 ------------------------------------------------------ Date of Report (Date of earliest event reported) WSFS Financial Corporation ------------------------------------------------------ (Exact name of Registrant as specified in its Charter) Delaware 0-16668 22-2866913 - ---------------------------- --------------- ------------- (State or other jurisdiction (SEC Commission (IRS Employer of incorporation) File No.) Identification Number) 838 Market Street, Wilmington, Delaware 19899 - --------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (302)792-6000 ------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act [ ] Pre-commencement to communications pursuant to Rule 13e-4(c) under the Exchange Act WSFS FINANCIAL CORPORATION INFORMATION TO BE INCLUDED IN REPORT ------------------------------------ Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers A new director, Calvert A. Morgan, Jr., was elected to the Registrant's Board of Directors by board action effective August 23, 2004. Mr. Morgan was not named to any Board committees. For further details, reference is made to the Press Release dated August 17, 2004, which is attached hereto as Exhibit 99 and incorporated herein by this reference. Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits ------------------------ (c) Exhibits: 99 Press Release dated August 17, 2004 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized. WSFS FINANCIAL CORPORATION Date: August 26, 2004 By: /s/ Marvin N. Schoenhals ------------------------------------- Marvin N. Schoenhals President and Chief Executive Officer EX-99 2 ex-99.txt PRESS RELEASE PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Marvin N. Schoenhals August 17, 2004 (302) 571-7294 WSFS Financial Corporation Announces New Board Member and Advisor WILMINGTON, Del., Aug. 17 -- WSFS Financial Corporation (NASDAQ/NMS: WSFS) announces that Calvert A. Morgan, Jr. has been elected a Director of the Company. In addition, he will join the management team in the capacity of Special Advisor. Calvert A. Morgan, Jr. is the retired Chairman, President, and Chief Executive Officer of PNC Bank, Delaware in Wilmington, Delaware. "We are extremely fortunate to have Calvert join the WSFS Team," said Marvin N. Schoenhals, Chairman and President of WSFS Financial Corporation. "He is an outstanding Delaware banker and brings unparalleled banking experience and knowledge that will be a tremendous benefit to WSFS. Mr. Morgan adds significant depth to WSFS as we continue to grow and expand our presence in Delaware," he added. Mr. Morgan has considerable experience in Delaware banking. He joined Bank of Delaware (predecessor to PNC Bank, Delaware) in 1970 as a management trainee in Commercial Lending, advancing through various positions until being elected Vice President and Department Head of Commercial Lending in 1977. He was elected Senior Vice President of Corporate Banking in 1982 and Executive Vice President of Corporate Banking, Bank Operations and Corporate Planning in 1986. In 1987 he was elected to the Board of Directors and later that year to President and Chief Operating Officer. In 1989, Mr. Morgan was elected Chief Executive Officer and became Chairman in 1990. He also served as a member of the Management Committee of PNC Financial Services Group, Inc. for several years. "I am thrilled to join the WSFS organization in this capacity, and at this time of expansion," said Mr. Morgan. "WSFS is clearly one of Delaware's leading financial institutions, committed to delivering high levels of customer service and shareholder value." Active in both business and community, Mr. Morgan served as Treasurer and then Chairman of the Delaware Business Roundtable, Inc., ending his term in 2003. Mr. Morgan is a former Board Member and past President of the Delaware Bankers Association. He also served as a Board Member of the United Way of Delaware. At the present time, Mr. Morgan is a member of the Delaware Economic and Financial Advisory Council, which provides budgetary advice to the Governor and General Assembly of the State of Delaware. He also serves as a member of the Visiting Committee of the Lerner College of Business and Economics at the University of Delaware. He is a Board Member of Chesapeake Utilities Corporation (NYSE). He also serves on their Corporate Governance Committee and the Compensation Committee. WSFS Financial Corporation is a $2.4 billion financial services company. At June 30, 2004, its principal subsidiary, Wilmington Savings Fund Society, FSB, operated 23 retail banking offices in all three counties in Delaware, as well as Chester and Delaware Counties in Pennsylvania. Other operating subsidiaries include WSFS Credit Corporation, WSFS Reit, Inc., WSFS Investment Group, Inc. and Montchanin Capital Management, Inc. For more information, please visit the Bank's website at http://www.wsfsbank.com. * * * Statements contained in this news release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by WSFS Financial Corporation with the Securities and Exchange Commission from time to time. The Corporation does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Corporation. -----END PRIVACY-ENHANCED MESSAGE-----