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    Timothy S. Crane

    President and Chief Executive Officer at Wintrust Financial Corp
    Board
    Since May 1, 2023
    Age
    63 years
    Tenure
    Joined Wintrust Financial Corporation in 08-2008 and has held multiple leadership roles, including Corporate Treasurer in January 2016, Executive Vice President, Senior Market Head, and Treasurer from February 2017, President from February 2020, and President and CEO since 05-01-2023.

    Also at Wintrust Financial Corp

    DAD
    David A. Dykstra
    Vice Chairman and Chief Operating Officer
    TPZ
    Thomas P. Zidar
    Executive Vice President and Senior Market Head of Wealth Management Services
    DLS
    David L. Stoehr
    Executive Vice President and Chief Financial Officer

    About

    At 63 years old, he has established a distinguished career in the banking industry, marked by a series of progressive leadership roles.

    He joined Wintrust Financial Corporation in 08-2008 and has since contributed significantly to its operations, holding roles that demonstrate his expertise in financial management and strategic oversight, including serving as Corporate Treasurer and later as Executive Vice President, Senior Market Head, and Treasurer.

    In February 2020, he was elevated to the position of President, and on 05-01-2023, he assumed the role of President and Chief Executive Officer, a testament to his exemplary leadership and commitment to driving the company’s growth.

    Beyond his executive responsibilities, his involvement on various boards and in community organizations underscores a well-rounded dedication to both corporate governance and civic engagement.

    $WTFC Performance Under Timothy S. Crane

    Past Roles

    OrganizationRoleDate RangeDetails
    Wintrust Financial Corporation (WTFC)PresidentFeb 2020 - May 1, 2023Served as President before becoming CEO
    Wintrust Financial Corporation (WTFC)Executive Vice President, Senior Market Head, and TreasurerFeb 2017 - Feb 2020Oversaw subsidiary banks, banking operations, and treasury business
    Wintrust Financial Corporation (WTFC)Corporate TreasurerJanuary 2016 - (transitioned Feb 2017)Appointed in January 2016 prior to subsequent roles
    Wintrust Financial Corporation (WTFC)Various Executive Management RolesAug 2008 - January 2016Held multiple executive roles; specific titles not detailed
    Harris Bankcorp (Harris Bank, Bank of Montreal)President24 yearsServed for a 24-year tenure prior to joining WTFC

    External Roles

    OrganizationRoleDate RangeDetails
    Metropolitan Family Services Millennium Park FoundationBoard MemberCurrentN/A
    Bank Administration InstituteBoard MemberCurrentN/A
    DePaul UniversityTrusteeCurrentN/A

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary$1,089,231 Annual-
    Bonus (Annual Short-Term Incentive)$1,380,500 AnnualTarget: 125% of base salary; Base Salary: $1,100,000 ; Allocation: 75% based on Company performance, 25% based on individual goals
    Stock Awards (Time-Based RSUs)$1,430,000 Vestes on January 25, 202714,456 shares; Grant Date: January 25, 2024
    Option AwardsNone --
    Non-Equity Incentive Plan CompensationNone --
    Change in Pension Value and Nonqualified Deferred Compensation EarningsNone --
    All Other Compensation$38,220 AnnualNot specified

    Performance Compensation

    Data from  FY 2024

    Performance Compensation - PBRSUs

    MetricThresholdTargetMaximumGrant DateGrant Date Fair ValueVesting Period / Evaluation Period
    Adjusted EPS & Relative TSR10,842 shares 21,684 shares 32,526 shares January 25, 2024 $2,145,000 Performance period ending December 31, 2026
    • Performance Metrics: Adjusted EPS and Relative TSR compared to the KBW Regional Bank Index.
    • Conditions: Timothy S. Crane must remain employed on the award settlement date, subject to qualifying termination events.
    • Additional Details: The PBRSUs are part of the 2024 LTIP where 60% of the grant value is allocated to performance-based restricted stock units.