Capital Bank Announces Dominic C. Canuso, CFA as New Chief Financial Officer

Core Insights - Capital Bank has appointed Dominic C. Canuso, CFA, as the new Chief Financial Officer, effective July 15, 2024, reporting to CEO Ed Barry [1][2] - Canuso brings extensive experience in finance and operations, having previously served as EVP and CFO at WSFS Bank, where he significantly contributed to the bank's growth and operational enhancements [4] - Capital Bank has over $2.3 billion in assets as of March 31, 2024, and emphasizes a human-centric approach to banking [3] Company Overview - Capital Bank has been operational since 1999 and has evolved into a publicly traded company with a strong asset base [3] - The bank is a member of the Federal Reserve Bank system and is committed to its fiduciary duties to shareholders while helping customers achieve their goals [3] Leadership and Strategy - CEO Ed Barry expressed enthusiasm about Canuso's appointment, highlighting his ability to drive both organic and inorganic growth, which aligns with Capital Bank's expansion strategy [2] - Canuso is expected to support the execution of Capital Bank's strategic priorities and leverage opportunities across various business lines [5]