Timothy S. Crane is the CEO of Wintrust Financial Corporation, having stepped into the role on May 1, 2023, after serving as the President since February 2020. He's been with the company since 2008 and has held various important positions...
Timothy S. Crane is the CEO of Wintrust Financial Corporation, having stepped into the role on May 1, 2023, after serving as the President since February 2020. He's been with the company since 2008 and has held various important positions including Treasurer and Senior Market Head. Before joining Wintrust, he was President of Harris Bankcorp for 24 years, which gives him deep banking experience. His appointment came after a planned transition from the former CEO, Edward J. Wehmer, who is now the Executive Chairman. Under Crane's leadership, Wintrust achieved strong growth, reporting a 20.6% increase in pre-tax income in 2023 compared to the previous year. He has a solid compensation plan that reflects the performance-based culture of the company, with a significant bonus tied to company results. In 2023, his total compensation reached approximately $4.89 million, showing that his interests align with those of the shareholders. Crane holds a vital position in the company not just as a leader but as someone deeply involved in its operations, ensuring that Wintrust continues to thrive in the competitive banking industry while maintaining a conservative approach to growth and risk management.