MICHAEL J. DONAHUE - Corporate Board Profile

WSFS FINANCIAL CORP

Filing Date	Source Excerpt
2019-03-26	Michael J. Donahue, 60, was appointed as a director of WSFS Financial Corporation on March 1, 2019. ... Mr. Donahue provides the Board of Directors with significant technology strategy and information systems experience across a wide range of industries, and experience mergers and acquisitions at a local and national level. ... Mr. Donahue offers the Board of Directors significant risk management and public company oversight experience.
2020-03-23	Michael J. Donahue, 61, was appointed as a director of WSFS Financial Corporation on March 1, 2019. ... Mr. Donahue provides the Board of Directors with significant technology strategy and information systems experience across a wide range of industries, and experience mergers and acquisitions at a local and national level. ... The compensation paid to directors during 2019 is summarized in the following table. ... Michael J. Donahue: Fees Earned or Paid in Cash $73,083, Stock Awards $35,000, Total $108,083.
2021-03-23	Michael J. Donahue, 62, has been a director of WSFS Financial Corporation since March 2019. His current term expires at the 2021 Annual Meeting of Stockholders. He served as a trustee and then a director of Beneficial Bancorp, Inc. (“Beneficial”) from 2015 until its merger with WSFS. Mr. Donahue is a retired partner of KPMG LLP, the global audit, tax and advisory firm, where he served as the Managing Partner, Technology Solutions, of its global consulting business and as a member of the Board of Directors of KPMG LLP (US), KPMG Consulting KK (Japan) and as Chairman of the Supervisory Board of KPMG Consulting AG (Germany, Austria and Switzerland). He managed the process to spin-off the consulting division as a $3.6 billion consulting and systems integration firm and served as its Group Executive Vice President and Chief Operating Officer. He led the IPO of KPMG Consulting, Inc. (Nasdaq: KCIN), later renamed BearingPoint, Inc. (NYSE: BE). While Chief Operating Officer, Mr. Donahue led a global expansion program, completing 34 merger and acquisition transactions which added $1.1 billion of annual revenue. Since 2015, Mr. Donahue has operated a business advisory firm, Donahue Consulting, Inc. and serves as an advisor to NewSpring Capital. Mr. Donahue is a member of the Provost’s Board of Villanova University and endowed the Donahue Family Analytics Program at the Villanova School of Business. Mr. Donahue began his career as a Research Associate in Econometrics at the Federal Reserve Bank of Philadelphia. Mr. Donahue has significant board experience having served on the board of directors for a total of 20 public and private corporations. Mr. Donahue’s experience has ranged from large public company boards to emerging growth company boards. Since 2015, Mr. Donahue has served as an independent director of SiteSpect, a marketing and personalization software business. Mr. Donahue served as an independent director of Mobiquity, a privately held, Massachusetts-based technology services company, from 2014 to 2020, until it was acquired by Hexaware, Inc. In February 2021, Mr. Donahue became an independent director of Gluware, a networking and configuration management software company. Mr. Donahue graduated with Bachelor’s Degrees in economics and history from the University of Pennsylvania, and completed the International Management Program at the University’s Wharton School. Mr. Donahue provides the Board of Directors with significant technology strategy and information systems experience across a wide range of industries, and experience mergers and acquisitions at a local and national level. In addition, Mr. Donahue offers the Board of Directors significant risk management and public company oversight experience. ... The compensation paid to directors during 2020 is summarized in the following table. Mr. Levenson is not shown in this table because he is compensated as an officer and did not receive any additional director compensation. ... Director Compensation Table ... Michael J. Donahue $73,083 $35,000 $— $108,089 ... The following chart shows the current committee membership and the number of meetings each committee held in 2020. ... Michael J. Donahue ü ü ü ü ...
2023-03-28	Michael J. Donahue, 64, has been a director of WSFS Financial Corporation since March 2019. His current term expires at the 2024 Annual Meeting of Stockholders. Having served on the board of directors for a total of 20 public and private corporations. Mr. Donahue provides our Board of Directors with significant risk management and public company oversight experience, technology strategy and information systems experience, and experience in mergers and acquisitions at a local and national level.
2024-03-27	Michael J. Donahue, 65, provides our Board of Directors with significant risk management and public company oversight experience, technology strategy and information systems experience, and experience in mergers and acquisitions at a local and national level. Committees: Audit Committee, Risk Committee, Wealth Management Fiduciary Audit Committee, Wealth Management Fiduciary Committee. Director compensation: $149,250.
2025-04-01	Michael J. Donahue, 66, provides our Board of Directors with significant risk management and public company oversight experience, technology strategy and information systems experience, and experience in mergers and acquisitions at a local and national level. Committees: Audit Committee, Risk Committee, Wealth Management Fiduciary Audit Committee, Wealth Management Fiduciary Committee. Compensation: $149,250.