“An acquisition is basically taking a thousand wires from one company, finding the right wire in the other one, and making sure they’re all connecting, so when you flip that switch, nothing breaks.”
Dominic Canuso, Executive Vice President & Chief Financial Officer at WSFS Bank (it’s pronounced ‘wiss fiss’) safeguards the legacy of one of the ten oldest banks in the United States. Of course, an institution doesn’t last that long without adapting when needed… Join Dominic to discover why price is rarely the most important factor in mergers & acquisitions, the surprising resilience of cash transactions, and how the role of the CFO has become more strategic over time— including why it can be fun to wear different (metaphorical) hats.
Dominic C. Canuso joined WSFS in June 2016 as Executive Vice President and Chief Financial Officer. From 2006 to 2016, he was Finance Director at Barclays’ US Credit Card Business, most recently serving as Line of Business CFO. Prior to Barclays, he was at Advanta Bank and Arthur Andersen Consulting.
As a member of the senior management team at Barclaycard, the fastest-growing top 10 credit card issuer in the United States, Mr. Canuso was responsible for corporate and business forecasting, planning and analysis, balance sheet management, strategic planning and business performance analysis. In addition, he designed and led governance around the creation of a new deal approval process and committee which analyzed and evaluated acquisition and partnership opportunities. Throughout his tenure, Mr. Canuso has gained comprehensive and diverse experience in finance, forecasting, marketing, investment optimization and decisioning.
A Philadelphia, Pennsylvania, native, Mr. Canuso is a 1998 graduate of Villanova University. He earned his Executive MBA from Villanova in 2006. Mr. Canuso is a charter holder and member of the Chartered Financial Analyst (CFA) Institute. Mr. Canuso resides with his family in Delaware County, Pennsylvania.